[PD] easy way to non-profit status?

Hans-Christoph Steiner hans at eds.org
Sat Jan 6 05:23:22 CET 2007


I think that this looks like a very good way for the Pd community to  
incorporate and get tax-free status:

http://conservancy.softwarefreedom.org/

"The mission of the Conservancy is to provide free and open source  
software developers with all of the benefits of being a tax-exempt  
corporate entity without having to do any of the work of setting up  
and maintaining such an entity," said Dan Ravicher, legal director  
for the Software Freedom Law Center and one of the initial directors  
of the Conservancy. "Letting projects pass off the mundane  
administrative burdens placed on those wishing to benefit from  
nonprofit status is a significant way to keep developers focused on  
what they do best - writing software."

The Software Freedom Conservancy (conservancy.softwarefreedom.org)  
will be a fiscal sponsor for FOSS projects by providing free  
financial and administrative services to its members. It will provide  
individual developers protection from personal liability for their  
projects and will seek to provide participating projects with tax- 
exempt status, allowing them to receive tax deductible donations. The  
Conservancy will file a single tax return that covers each of the  
member's projects and will handle other corporate and tax related  
issues on behalf of its members. In addition, the Conservancy can  
hold project assets and manage them at the discretion of the project,  
which removes another fiscal burden from developers who are focused  
on software innovation.


------------------------------------------------------------------------

News is what people want to keep hidden and everything else is  
publicity.          - Bill Moyers






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