> Exactly why do people want to set up a charitable organization? What would > it get us? >
Charitable organisations mean something different in some countries. In Canada, a charity is only one type of non-profit organisation, and is one that is more a stringent structure because it can issue tax receipts for donations. A corporation can still be a non-profit (one that operates for self-benefit and that redistributes surplus towards its goals) without being a charity. I admit that I've been skimming some e-mails in the last few days. Did someone recommend an actual charity? Or do you mean to ask why people are interested in forming a non-profit? I am in favour of forming some sort of organisation, traditional like a non-profit (but not a charity, I don't think we need charitable status) or co-operative, as a way of formalising all of us as a cohesive industry, as long as it is still a legal entity in some form. The domain purchase is only one issue. There has been talk of a conference (which I still dig), leveraging our collective buying power, etc. These are all things that one cohesive body could do, and since there has been/could be money involved, it would keep it all legal and with checks and balances. Alex is the most awesome person to manage the domain issue, but I do worry if managing the funds could have any sort of negative taxation impact on him, which of course none of us would want. Forming a separate legal entity could solve/avoid just such an issue. > The buying of the domain was the first time that money has come into the > equation and that was an anomaly IMO. > So then, what if something else comes up that involves money? How many times will there be an exception? Who knows if there will be a next time, but there also wasn't a first time until the domain issue came up, so it is possible. r. -- You received this message because you are subscribed to the Google Groups "Coworking" group. To post to this group, send email to [email protected]. To unsubscribe from this group, send email to [email protected]. For more options, visit this group at http://groups.google.com/group/coworking?hl=en.
