On Tue, May 16, 2017 at 2:22 PM, Theo Schlossnagle <je...@omniti.com> wrote:
> My experience here is limited to the United States for approaching these > problems. I don't mean to indicate that it is the right solution, but I > can only speak of what I know. > > A legal entity must hold the assets. That can be a person, or a trust, or > an corporation or a community*, etc. Community here is defined in such a > way by the IRS that I don't believe we would ever quality (and it's never > worth arguing). Given the history of "things" I would steer away from an > individual and I feel that given unknown nature of assets required to > operate and our weak starting point that a trust is likely not > self-sustaining. > > What I would suggest is us setting up an corporation here in the US, > setting a purpose and a missions statement (that includes education and > science as we do those and they are eligible for non-profit status), elect > 5-7 board members (who will be legally responsible for the entity) come up > with a small operating budget (< $10k USD) and apply for non-profit > (501(3)c). This process would take a few hundreds of dollars. > My question here would be: Do it yourself, or apply to something like the Software Freedom Conservancy https://sfconservancy.org/about/ and let them deal with the paperwork? Thanks, -- -Peter Tribble http://www.petertribble.co.uk/ - http://ptribble.blogspot.com/
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