Hey- John R. Frank wrote: >>> In the case of going with the OSGeo Project Sponsorship program, the >>> OSGeo acts as our fiscal agent. As a 501(c)(3) (US tax code) >>> organization, they can accept tax deductible contributions toward OSGeo >>> projects. >> Their application is still pending acceptance. So, it could be a few >> months before they start giving out receipts for tax purposes. > > The tax exempt status of the donation channel is probably crucial --- at > least for US-based donors. Other solutions can't really compete with > OSGEO without that also having tax exempt status. 501c3 applications are > not complicated but they take calendar time. > > OTOH, until OSGEO gets approved to process donations to projects, they are > an expensive savings account :-) >
Well, its not really as simple as opening a savings account and having Mr. Corporate Donor make a deposit. John, can you describe what entity would receive the the "donations" and how these would be treated for tax purposes? Tim > If a donor shows up *before* OSGEO can make the donor's donation tax > exempt, we might as well just open a bank account at regular bank. > > > If we want to vote on something now, I think the somethingS are: > > 1) PSC agrees that OL should find a tax exempt donation channel > > 2) PSC hopes that OSGEO will soon be that channel > > 3) PSC agrees to seek donations while #2 sorts itself out > > _______________________________________________ > Dev mailing list > Dev@openlayers.org > http://openlayers.org/mailman/listinfo/dev -- Tim Schaub OpenGeo - http://opengeo.org Expert service straight from the developers. _______________________________________________ Dev mailing list Dev@openlayers.org http://openlayers.org/mailman/listinfo/dev