Rules & Regulations 2019 Memorymoog Plus Raffle

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 historical preservation.  The Bob Moog Foundation 2019 Memorymoog Plus Raffle is conducted for the purpose of generating operating funds that allow the foundation to continue its work..

Purchase one or more raffle tickets during the raffle and you’ll be entered in a drawing to win a vintage Memorymoog Plus synthesizer, serial number 3527 with an estimated value of $8,000- $10,000. 

Raffle tickets are $25 each, $100 for five tickets, $200 for 12 tickets or $500 for 35 tickets. Odds of winning are based on the number of ticket entries purchased, which has been capped at 4,500. Entrants must be 18 years of age or older to enter. Past and current employees of the Bob Moog Foundation and current employees of Moog Music, Inc. are not eligible for entry. Past winners are not eligible for entry (we love you guys, but let’s give someone else a chance.)

The raffle is open to participants worldwide. In the past, we have had many international winners, including those from Belgium, South Africa, Switzerland, Australia, Finland, Denmark, Canada, and Israel

Contest void where prohibited. Raffle begins at 7:00 am on August 28, 2019 and ends at 11:59pm on September 23, 2019, or once all 4,500 tickets have been sold, whichever comes first. All times referenced are Eastern Daylight Time.

Ticket purchases will be confirmed via email. No physical tickets will be sent.

HOW TO ENTER: Go to our online store for more details and to complete your purchase of an entry/ticket fee with your credit card.

SELECTION AND NOTIFICATION OF WINNERS:  The Winners will be selected at random and will be announced on Thursday, September 26, 2019. 

Once submitted, entries become the sole property of the Bob Moog Foundation and will not be returned. The Winners will be notified by telephone and/or email by September 26, 2019. If potential winner(s) cannot be reached within seven 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.

PRIZES: The prize is a vintage Memorymoog Plus, serial number 3527. The estimated value of the instrument is $8,000 – $10,000.  The featured Memorymoog Plus was built at Moog Music’s Buffalo, NY factory, and has been fully restored by lauded synthesizer technician Wes Taggart. It is in excellent technical and very good cosmetic condition with minor flaws consistent with vintage instruments and with flaws consistent with touring, which remain to retain the provenance of the synthesizer. Particular to this instrument, the wooden end caps have been painted black to blend into the rest of Dr. Fink’s stage rig during the tours, and there are three modifications in the back of the synthesizer, including an output port allowing Fink to use the Memorymoog as a trigger for an early Linn drum. 

Winners will be drawn at random and announced on Thursday, September 26, 2019.

SHIPPING TERMS:  The Bob Moog Foundation agrees to pay up to $200 in shipping costs within the United States, and up to $400 shipping costs internationally.  Any additional shipping and/or customs charges are the responsibility of the Winners.  By purchasing a raffle ticket you are agreeing to cover all fees over $200/$400 prior to shipment of the prize.  Failure to do so will result in forfeit of the prize and an alternate winner(s) will be selected by random drawing.

TAX OBLIGATIONS:  The IRS now requires raffle winner 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 valued 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 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. If the raffle is cancelled, all ticket purchases will be refunded.

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 manufacturer or dealership’s warranties.

GENERAL: Ticket purchases are not considered by the IRS to be donations, and 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 prizes are non-transferable, and cannot be exchanged for cash. The Bob Moog Foundation may use winner’s’ names and likeness for publicity purposes without further compensation. The Winners agree to send the Bob Moog Foundation two digital images of Winner with their prize for social media purposes within two weeks of receiving the instrument. 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’s 2019 Memorymoog Raffle, a participant agrees to be bound by these Official Rules, and by all decisions of the Bob Moog Foundation. For further information, please contact us at our offices: (828)-258-1262.

ELIGIBILITY: Present and past employees of the Bob Moog Foundation and any immediate family members residing with the employees are not eligible to participate. Present and past Board members of the Bob Moog Foundation and any immediate family members residing with employees are not eligible to participate.  Present employees of Moog Music, Inc. and any immediate family members residing with Moog Music, Inc. employees are not eligible to participate. Past winners of synthesizers from Bob Moog Foundation raffles 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 Winners 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 Raffle’s advertising and/or any printed, broadcast, or internet-provided materials or information.

For further information, please call (828)-258-1262 or write us at info@moogfoundation.org.

The Bob Moog Foundation is an independent, non-profit 501(c)(3) organization dedicated to promoting the legacy of Dr. Bob Moog.

We are not affiliated with the company Moog Music, Inc. Our support comes from people like you.

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