Rules & Regulations for the Bob Moog Foundations Minimoog Raffle 2014
The Bob Moog Foundation is incorporated as a 501(c)(3) nonprofit corporation under the laws of the State of North Carolina for the primary purpose of preserving and honoring the legacy of Bob Moog through science, education and historic preservation. The Bob Moog Foundation Mimimoog® Raffle is conducted for the purpose of generating operating funds.
Purchase one or more raffle tickets during the Raffle and youll be entered in our drawing to win a vintage Minimoog Model D. Raffle tickets are $20 each, or $100 for six. Odds of winning are based on the number of ticket entries purchased, which has been capped at 2000. Must be 18 years of age or older to enter. Employees of the Bob Moog Foundation and Moog Music, Inc., are not eligible for entry. The Raffle is open to participants worldwide. Contest void where prohibited. Raffle begins at 6:00 am on October 16, 2014 and ends at 11:59pm on November 25, 2014 or once all 2000 tickets have been sold. All times referenced are Eastern Time.
HOW TO ENTER: Go here for more details and complete the online entry form and pay entry/ticket fee with your credit card.
SELECTION AND NOTIFICATION OF WINNERS: The Winner will be selected at random and announced via e-mail on December 1, 2014. Once submitted, entries become the sole property of the Bob Moog Foundation and will not be returned. The Winner will be notified by telephone and/or email. If potential winner(s) cannot be reached after 30 days from first notification attempt, or if an entrant is found to be ineligible, such prize will be forfeited and alternate winner(s) will be selected by random drawing.
PRIZE: Grand prize is a Minimoog Model D serial number 3749 with Kevin Lightner’s recent “OptoKey” modification. The instrument has been serviced and is in excellent working condition, however the Bob Moog Foundation can make no guarantees about the technical functionality once the unit is shipped. The outside appearance of the instrument is good condition, but does show some signs of wear, including minor chips in the wood which we have addressed using a skilled technician. The value of the instrument is $5,000. The winner will be drawn at random and announced on December 1, 2014.
SHIPPING TERMS: The Bob Moog Foundation agrees to pay up to $200 in shipping costs. Any additional shipping and/or customs charges are the responsibility of the Winner. By purchasing a raffle ticket you are agreeing to cover all fees over $200 prior to shipment of the prize. Failure to do so will result in forfeit of the prize and alternate winner(s) will be selected by random drawing.
TAX OBLIGATIONS: The IRS now requires raffle winners to pay federal taxes on the raffle winnings at the time of the award. If the winner of the synthesizer is from NC, they will pay 3% state tax to the Bob Moog Foundation. The Bob Moog Foundation will assume the federal tax liability of 25% of MSRP to the IRS. All local and state taxes are the sole responsibility of the winner. For any prizes values at $1200 or more, the Bob Moog Foundation will file IRS Form 1099 MISC with Internal Revenue Service reporting the value of the prize as income to the winner. Winner must show proof of social security number to the Bob Moog Foundation. This is for tax recording purposes only, and will be not be used or released for any other purposes.
MODIFICATIONS OR CANCELLATION OF DRAWING: The Bob Moog Foundation reserves the right to cancel or modify the Raffle at any time.
INDEMNIFICATION AND LIMIT ON LIABILITY: As a condition of accepting a prize, winner acknowledges that the Bob Moog Foundation is not responsible for any harm, injury, or damage caused to any person or property, proximate or otherwise, through the use of any prize by any person, and agrees to save and hold harmless the Bob Moog Foundation, its principals and employees from any claim of such responsibility. Harm, injury or damage includes but is not limited to occurrences beyond the control of the Bob Moog Foundation such as death, bodily injury, property damage, or theft, or for failure of any manufacturers or dealerships warranties.
GENERAL: Ticket purchases are not tax deductible. By entering the raffle, participants agree that the Bob Moog Foundation, its agents and employees have no liability whatsoever for any injuries, losses, or damages of any kind which result from the date of award. The prize is non-transferable, and cannot be exchanged for cash. The Bob Moog Foundation may use winners name and likeness for publicity purposes without further compensation. The Bob Moog Foundation reserves the right to modify these rules and will give prompt announcement of any rule changes. All decisions of the Bob Moog Foundation are final and binding in all matters related to this raffle.
RESTRICTIONS: By participating in the Bob Moog Foundation Minimoog Model D Raffle, a participant agrees to be bound by these Official Rules, and by all decisions of the Bob Moog Foundation. For further information, please call 828-258-1262.
ELIGIBILITY: Present employees of the Bob Moog Foundation and any immediate family members residing with the employees are not eligible to participate. Present board members of the Bob Moog Foundation and any immediate family members residing with employees are not eligible to participate. Employees of Moog Music and any immediate family members residing with Moog Music employees are not eligible to participate. Must be 18 years or older to enter. Contest void where prohibited. You need not be present to win.
AFFIDAVIT OF ELIGIBILITY AND LIABILITY / PUBLICITY RELEASE OF GRAND PRIZE WINNER: The Winner will be required to sign an Affidavit of Eligibility and Publicity/Liability Release in order to claim their prize.
AUTHORITY AND CONTROL: The decision of the Bob Moog Foundation shall be final in all matters concerning the Raffle. The Raffle is subject to the laws of the state of North Carolina. The Raffle is void where prohibited by law. The Bob Moog Foundation is not responsible for any errors or omissions in the Raffles advertising and/or any printed, broadcast, or internet-provided materials or information.
For further information, please call 828-258-1262.
Minimoog® is a registered trademark of Moog Music, Inc. The Bob Moog Foundation is an independent, non-profit 501(c)(3) dedicated to promoting the legacy of Dr. Bob Moog, and is not affiliated with the companies referenced above.