Gentoo Archives: gentoo-nfp

From: Roy Bamford <neddyseagoon@g.o>
To: gentoo-nfp@l.g.o
Subject: Re: [gentoo-nfp] You need to pay them
Date: Thu, 12 Apr 2018 19:30:39
Message-Id: 5g1FajtIpcfAtHDqNjNn+n@sEfHLZ1t5clLce0ROZMOs
In Reply to: Re: [gentoo-nfp] You need to pay them by Daniel Robbins
1 On 2018.04.12 20:10, Daniel Robbins wrote:
2 > On Thu, Apr 12, 2018 at 12:30 PM, Roy Bamford
3 > <neddyseagoon@g.o>
4 > wrote:
5 > >
6 > >
7 > > The Foundation is a business like any other business and it can
8 > legally
9 > > make a profit, like any other business.
10 > >
11 >
12 > Nope, it is not a "business" in the most commonly understood
13 > definition of
14 > that word, which means "for-profit endeavor." It can generate revenue
15 > but
16 > cannot "make a profit" for its owners/members.
17 >
18 >
19 > > Paying a dividend to members, would therefore be illegal.
20 > >
21 >
22 > Compensating people for the significant time they invest in running
23 > the
24 > Foundation is not a "distribution" of profit and most definitely not
25 > illegal. It is the norm for most not-for-profits. See:
26 >
27 > https://wikimediafoundation.org/wiki/Work_with_us
28 >
29 > -Daniel
30 >
31
32 Daniel,
33
34 We are from two countries separated by a common language :)
35 That's what I thought I said.
36
37 --
38
39 Regards,
40
41 Roy Bamford
42 (Neddyseagoon) a member of
43 elections
44 gentoo-ops
45 forum-mods