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On Thu, Apr 12, 2018 at 12:30 PM, Roy Bamford <neddyseagoon@g.o> |
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wrote: |
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> |
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> |
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> The Foundation is a business like any other business and it can legally |
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> make a profit, like any other business. |
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> |
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Nope, it is not a "business" in the most commonly understood definition of |
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that word, which means "for-profit endeavor." It can generate revenue but |
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cannot "make a profit" for its owners/members. |
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> Paying a dividend to members, would therefore be illegal. |
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> |
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Compensating people for the significant time they invest in running the |
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Foundation is not a "distribution" of profit and most definitely not |
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illegal. It is the norm for most not-for-profits. See: |
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https://wikimediafoundation.org/wiki/Work_with_us |
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-Daniel |
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