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On Wed, Jul 07, 2021 at 11:05:47AM -0700, Matt Turner wrote: |
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> On Wed, Jul 7, 2021 at 7:26 AM Aaron Bauman <bman@g.o> wrote: |
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> > > Are you instead interested in the Foundation moving from a 501(c)6 to |
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> > > a 501(c)3 so that donations are tax deductible? If so, have you done |
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> > > anything to work towards that? |
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> > > |
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> > |
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> > We are not a 501(c)6 and never have been. We also have never been a |
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> > 501(c)3 as the original board members never completed the paperwork. |
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> |
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> This is a pretty great example of the lack of communication I'm talking about. |
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> |
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> If we're not a 501(c)6 and never have been, then what are we and why |
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> don't you just state that so we're all on the same page? |
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> |
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> According to [1] we seem to be a 501(c)1. According to Funtoo [2] we |
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> seem to be a 501(c)6. According to Wikipedia [3] we seem to be a |
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> 501(c)6. This [4] says the Gentoo has never been a 501(c)6 and since |
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> that's in the foundation namespace, I assume it must be definitive. |
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> |
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[1]: AoI do not make us a a 501(c)(1) and that should be corrected. It should |
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refer to simply 501 or the specific article governing our tax exemption |
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as incorporated. Which is another can of worms. |
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[2]: Probably shouldn't care what Funtoo says. |
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[3]: Don't trust everything you read on the internetz |
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[4]: "Although it has been a goal for the Foundation to |
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achieve charitable 501(c)(6) status, the necessary US |
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Federal paperwork has never been filed as such." |
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We are not any of these as the paperwork has never been filed. Will |
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update the Wiki afte deconflicting what is filed with the state. |
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For posterity, some have adovocated for 501(c)(6) status which is what |
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some umbrella orgs use. There are key differences in a 501(c)(3) vs |
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501(c)(6). We would fit into a 501(c)(3), but as noted there are "public |
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support" tests which can impact this due to major donations from key |
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people. |
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We are incorporated as a non-profit in the state of New Mexico, but this |
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does not carry any weight with federal. |
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-Aaron |