Re: [gentoo-trustees] c3 or c6 status

[Corey Shields <cshields@gentoo.org>]

On Thursday 15 July 2004 04:24 pm, Deedra Waters wrote:
> How can that 2% thing be handled? We can't tell our users "oh well you
> can't donate because if you do, you'll cause us to lose our charitable
> status." I don't think that's fare to users to do that...Especially when I
> don't concidder gentoo a charity to start with. Freenode's nfp has to tell
> some of their contributers that now, and believe me, some of them react
> badly to being told that they can't donate.

The 501(c)(3) subsidiary would be a seperate entity that your average user 
could use to donate to on a tax exempt basis.  That organization would be a 
charity in that we would be accepting donations into that organization that 
would be used to fuel Gentoo development.  This works seperate from the 
Gentoo Foundation 501(c)(6) itself, but would most likely be operated by the 
same people.  It could be used for planned fundraising activities where 
donation amounts could be more controlled.  This can be far down the road, 
I'm not saying they need to both be filed initially.  It would just be 
another avenue for funding Gentoo development.

Cheers,

-C

-- 
Corey Shields - Gentoo Linux Infrastructure Team
http://www.gentoo.org/~cshields

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