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I would also like to point out that becoming a non profit and making |
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donations tax deductible for donors could sweeten the pot when it |
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comes to people wanting to contribute financially. |
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On Thu, Sep 6, 2018 at 1:32 PM Michael Orlitzky <mjo@g.o> wrote: |
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> |
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> On 09/06/2018 11:52 AM, Alec Warner wrote: |
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> > |
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> > The foundation is already a not-for-profit organization. Did you perhaps |
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> > mean a *tax-exempt* not for profit, and if so, why do you think we should |
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> > be a tax-exempt nonprofit? |
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> > |
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> |
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> For starters, tax-exempt organizations are exempt from paying taxes =) |
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> |
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> More seriously, a lot of programs like Amazon Smile require their |
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> participating organizations to be 501(c)(3). Right now I send that money |
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> to the FSF, and Amazon tells me they've made $11,000 over the past few |
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> years via donations. |
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> |
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> As for how to spend the money: paying people to fix bugs is unexciting, |
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> but it's probably the idea with the best return on investment. |
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> |
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