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Forgot the link.. sorry: |
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http://64.233.167.104/search?hl=en&ie=ISO-8859-1&q=cache%3Ahttp%3A%2F%2Fwww.nonprofitlawcenter.com%2FResources.jsp%3FdocId%3D1035&btnG=Google+Search |
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(original seems to be down, there's the google cache) |
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-C |
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On Wednesday 30 June 2004 08:32 am, Corey Shields wrote: |
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> bah.. replied to this once but forgot to change the profile on my mailer |
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> so it bounced.. let me try again |
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> |
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> On Tuesday 29 June 2004 05:43 pm, Nicholas Jones wrote: |
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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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> |
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> I read something last night[1] about having 2 organizations in tandem, the |
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> parent a c6 and the subsidiary a c3 (which could accept and funnel |
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> donations). This may be an avenue down the road if we see it necessary. |
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> With that possibility in mind, I'd be much happier about a c6. |
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> |
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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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> |
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> I don't look at organizations differently based on their IRS status. If |
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> anything, c3's use it to their advantage when asking for donations. |
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> |
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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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> |
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> I've already been doing this, but for some reason most lawyers don't like |
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> to give their advice for free. We need as many "second opinions" as we |
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> can get though. |
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> |
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> Cheers! |
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> |
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> -C |
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|
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-- |
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Corey Shields - Gentoo Linux Infrastructure Team |
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http://www.gentoo.org/~cshields |
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-- |
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gentoo-trustees@g.o mailing list |
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