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Date:      Mon, 13 Apr 1998 00:13:57 -0500
From:      Kris Kirby <kris@airnet.net>
To:        chat@FreeBSD.ORG
Subject:   Re: Promoting FreeBSD - the user's piece of the action.
Message-ID:  <35319F15.C11C9541@airnet.net>
References:  <199804130217.VAA02346@darkstar.connect.com> <199804130446.WAA07296@lariat.lariat.org>

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Brett Glass wrote:
> 
> At 09:34 PM 4/12/98 -0700, Don Wilde wrote:
> 
> >I think it is very important for FreeBSD, Inc.'s incorporation to be
> >switched to 501c3, not just so we who contribute can get a writeoff, but
> >it's in a legal way kind of like releasing your source code.
> 
> Bzzzzzt.... Sorry, but Uncle Sam won't buy that. 501(c)(3) status is only
> given to organizations that are charitable (as in giving EXCLUSIVELY to
> the needy) or education (as in quadrangles, ivy-covered halls, accreditation,
> currcicula, etc.). It could be a mutual benefit society, though --
> possibly 501(c)(4).
> 
> --Brett
> 
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A local hamfest attempted a switch from non-profit to for-profit
sometime back. They were originally for-profit, god knows what made them
switch. The IRS felt it was suited to fine them back taxes for the
non-profit years. This came to ~$10,000 US. Beware of the Beast....

PS: Please read the list charters, specifically the part about CC:
headers. 


http://www.freebsd.org/handbook/eresources:charters.html

-- 

Kris Kirby <kris@airnet.net>
-------------------------------------------
TGIFreeBSD... 'Nuff said.

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