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Date:      Wed, 04 Mar 1998 00:15:00 -0800
From:      "Jordan K. Hubbard" <jkh@FreeBSD.ORG>
To:        "Christopher R. Bowman" <crb@ChrisBowman.com>
Cc:        George Michaelson <ggm@dstc.edu.au>, "Jordan K. Hubbard" <jkh@FreeBSD.ORG>, Tom <tom@uniserve.com>, Mike Smith <mike@smith.net.au>, sthaug@nethelp.no, dannyman@sasquatch.dannyland.org, current@FreeBSD.ORG
Subject:   Re: FreeBSD Fund 
Message-ID:  <15640.888999300@time.cdrom.com>
In-Reply-To: Your message of "Wed, 04 Mar 1998 02:57:51 EST." <Pine.BSF.3.96.980304025525.265C-100000@quark.ChrisBowman.com> 

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> I think that we should remind people at this point that FreeBSD,
> while incorporated, is not incorporated as a 501 (c) 3 or not profit
> organization (least thats what I thought Jordan said when I asked
> a few weeks ago) and as such or donations will NOT be tax-free/deductable.

Yep, that's all made quite clear in the Handbook.  If the kind of
money starts flowing in that it's worth the extra accounting fees and
hassles of running a 501(c)3, I'll certainly considering shifting over
to that.  FreeBSD, Inc. was declared a not-for-profit organization in
the incorporation papers actually, but that's still not the same thing
as a non-profit and what Christopher says about tax deductions is
completely correct.

					Jordan

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