Re: [gentoo-trustees] c3 or c6 status

[Deedra Waters]

I understand corey, I just want people to understand what they're asking for when it comes to rules that go with the c3...

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.


On Thu, 15 Jul 2004, Corey Shields wrote:

> Date: Thu, 15 Jul 2004 16:18:22 -0500
> From: Corey Shields <cshields@g.o>
> Reply-To: gentoo-trustees@l.g.o
> To: gentoo-trustees@l.g.o
> Subject: Re: [gentoo-trustees] c3 or c6 status
>
>
> First of all, just in case I forgot to mention this, I'm cool with a 501(c)
> (6), keeping in mind that later we could spawn a 501(c)(3) subsidiary.   I'll
> send another note out tomorrow to remind everyone again that I'm not fighting
> against a 501(c)(3).   :P
>
> As for the 2% donation limit, that can be handled..  I haven't heard of that
> rule yet, so I'll look into it.
>
> Cheers,
>
> -Corey
>
> On Thursday 15 July 2004 04:05 pm, Deedra Waters wrote:
> > I had lilo refresh my memory on what I was talking about earlier in
> > reguards to c3 status, and here's what he said.
> >
> > 11:08 (->lilo) I need you to refresh my memory:)
> > 11:08 <~lilo> ask away maam
> > 11:09 (->lilo) you remember how you said large donations could be a bad
> > thing for pdpc, give me the details as to why, I need them :)
> > 	  11:09 <~lilo> donations over 2% of your budget as a 501(c)3 are not
> > counted as public support
> > 		    11:10 <~lilo> too much of that and you fill out your budget but screw
> > up your public support test, and lose your status
> > 			      11:10 <~lilo> I don't think it applies to a 501(c)6, you should
> > check on that 11:10 <~lilo> (I assume this is about the Gentoo 501)
> > 			      11:10 (->lilo) nah, it's the c3 info I needed
> > 			      11:10 (->lilo) some are talking about filing for c3, I'm trying to
> > avoid that 11:10 <~lilo> you want to concentrate on little donations if
> > you're small 11:11 <~lilo> you definitely can't get large corporate
> > contributions without causing problems
> > 					11:11 <~lilo> so you're limiting your range of funding options
> > 					11:11 (->lilo) thank you sir:)
> >
> > If we accept large donations, we're going to hurt ourselves  very badly if
> > we go with c3 status. If we're a c6, we don't have to worry about that.
> > Sorry for the bad formatting.
>
>

-- 
Deedra Waters - Gentoo developer relations, accessibility and infrastructure -
dmwaters@g.o
Gentoo linux: http://www.gentoo.org


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