Re: [Snowdrift-discuss] Non-Profit Question

2017-11-13 Thread jake
Thank you. I think you did a good job of answering my questions. To summarize: The emphasis is on funding public works. In theory, it is possible and acceptable to become employed working on a Snowdrift-hosted project, even for personal profit. Though, ideally, such employees would value the

Re: [Snowdrift-discuss] Non-Profit Question

2017-11-13 Thread Arc Riley
A point that's often missed is that non-profit organizations can and often do have employees. Having an all-volunteer non-profit does cleanly avoid some issues with UBIT (unrelated business income tax), specifically hitting the "volunteer workforce" exception. Eg if you were monetizing by selling

Re: [Snowdrift-discuss] Non-Profit Question

2017-11-13 Thread Alyssa Rosenzweig
Glad you understand :-) ___ Discuss mailing list Discuss@lists.snowdrift.coop https://lists.snowdrift.coop/mailman/listinfo/discuss

Re: [Snowdrift-discuss] Non-Profit Question

2017-11-13 Thread Aaron Wolf
On 11/13/2017 12:31 AM, jake wrote: > Clearly, Snowdrift.coop is non-profit. > > But must all projects funded on Snowdrift be non-profit? > No, but none of the project requirements are set in stone since we still have to roll out that whole structure. The plan is *not* to require that all