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> I thought we were filing for 501c6? |
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> As I recall, that's what we were set up to do? |
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That is what Daniel began the filings for, yes. |
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c6 is a trade association, while c3 is a charity or something |
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to that effect. The trade associate does not have any tax |
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benefit for donations and thus doesn't lend to much interest |
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in massive donations. The ability to write off a product at |
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it's marketed price for tax purposes is nice. |
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I believe the reasons Daniel stated for getting C6 as opposed |
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to C3 was that it is more legitimate. There are a lot of filing |
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for C3 status that are not legitimate, but do get approved |
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even without being a for-charity association. |
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Seeking more legal opinion on our chances of this is WELL |
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worth the cost, in my opinion. We are _far_ more legitimate |
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than many of the types of groups that are appoved of regularly. |
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Strictly speaking, Gentoo isn't a charity, but if we are |
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approved and don't pose a for the status to be removed |
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from us, I don't see a problem with it. |
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--NJ |
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