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[NEWS] Foundation officially reinstated by New Mexico
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dberkholz
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PostPosted: Mon May 19, 2008 7:36 am    Post subject: [NEWS] Foundation officially reinstated by New Mexico Reply with quote

This forums thread is for discussion of the www.gentoo.org posting, "Foundation officially reinstated by New Mexico." Post your comments and suggestions here.
Quote:

If you're interested in the legal standing of Gentoo, you can relax because in the past week, the State of New Mexico declared that the Gentoo Foundation Inc has returned to good standing and is free to do business. This accomplishment allows other aspects of the foundation's work to proceed again. The foundation takes care of Gentoo's intellectual property (copyrights, trademarks) and money. It ensures that nobody violates our copyrights and trademarks, serves as a place to hold money, and decides where to devote that money.

Thanks to everyone involved with returning Gentoo to good legal standing, and thanks to our community for your patience!


Last edited by dberkholz on Mon May 19, 2008 8:05 pm; edited 1 time in total
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Hypnos
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PostPosted: Mon May 19, 2008 8:35 am    Post subject: Reply with quote

Thank you for taking care of this un-fun, but necessary, aspect of Gentoo.
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Dagger
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PostPosted: Mon May 19, 2008 10:28 am    Post subject: Reply with quote

well done
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mr_squall
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PostPosted: Mon May 19, 2008 10:59 am    Post subject: Reply with quote

its cool! but when you're finish building release 2008.0?
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Kreuzader
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PostPosted: Mon May 19, 2008 12:12 pm    Post subject: Reply with quote

Congratulations!
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Januszzz
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PostPosted: Mon May 19, 2008 12:38 pm    Post subject: Reply with quote

Great!
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bmichaelsen
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PostPosted: Mon May 19, 2008 1:23 pm    Post subject: Reply with quote

So we are switching from having a council, but no foundation to having a foundation but no council?
*SCNR*
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L4in
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PostPosted: Mon May 19, 2008 2:24 pm    Post subject: Reply with quote

oh great all problems that we were flaming about the last period solved now =D
i'm sooo pleased ;D
/sarcasm_off
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scrappy
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PostPosted: Mon May 19, 2008 6:47 pm    Post subject: Reply with quote

Is the Gentoo Foundation a not-for-profit? Are donations made via that Paypal link tax deductible?
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NeddySeagoon
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PostPosted: Mon May 19, 2008 6:52 pm    Post subject: Reply with quote

scrappy,

The foundation is not yet registered with the IRS. Thats on our (trustees) todo list.
As I'm not a US citizen, I'm not sure if that matters for the tax deductible status or not.

Feel free to email trustees at gentoo dot org for a more complete answer.
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dberkholz
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PostPosted: Mon May 19, 2008 8:03 pm    Post subject: Reply with quote

scrappy wrote:
Is the Gentoo Foundation a not-for-profit? Are donations made via that Paypal link tax deductible?

No, it's set up as a 501(c)(6) rather than a 501(c)(3) so donations are not tax-deductible.
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MannyNix
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PostPosted: Mon May 19, 2008 8:05 pm    Post subject: Reply with quote

Thank you, good job!
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iplayfast
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PostPosted: Mon May 19, 2008 8:50 pm    Post subject: Reply with quote

good work!
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QSPhoenix
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PostPosted: Tue May 20, 2008 12:45 am    Post subject: Reply with quote

Ah nice, It took a little bit but those are good news. Thank you!

mr_squall wrote:
its cool! but when you're finish building release 2008.0?

How about when is ready...? 8)
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PostPosted: Tue May 20, 2008 2:29 am    Post subject: keepin on.. Reply with quote

thanks for keeping it real and free... because without freedom of choice, what other choice do we have to be free! basic nature of life but inside your box.
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valkyrite
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PostPosted: Tue May 20, 2008 3:59 am    Post subject: Reply with quote

Congratulations to the newly elected trustees and other involved.

:)
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energyman76b
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PostPosted: Tue May 20, 2008 6:08 am    Post subject: Reply with quote

dberkholz wrote:
scrappy wrote:
Is the Gentoo Foundation a not-for-profit? Are donations made via that Paypal link tax deductible?

No, it's set up as a 501(c)(6) rather than a 501(c)(3) so donations are not tax-deductible.


why 6 and not 3?
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arnvidr
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PostPosted: Tue May 20, 2008 6:42 am    Post subject: Reply with quote

mr_squall wrote:
its cool! but when you're finish building release 2008.0?
*smack*
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dberkholz
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PostPosted: Tue May 20, 2008 7:51 am    Post subject: Reply with quote

energyman76b wrote:
dberkholz wrote:
scrappy wrote:
Is the Gentoo Foundation a not-for-profit? Are donations made via that Paypal link tax deductible?

No, it's set up as a 501(c)(6) rather than a 501(c)(3) so donations are not tax-deductible.

why 6 and not 3?

The c6 gives you more ability to restrict membership, and there was some paranoia at the time about being taken over by Microsoft employees or something silly. The c6 also has more flexibility in our ability to receive extremely large donations from a single entity that could make up a significant fraction of our income, whereas a c3 requires you to have a more well-rounded donation income.
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Havin_it
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PostPosted: Tue May 20, 2008 9:47 am    Post subject: Reply with quote

dberkholz wrote:
The c6 gives you more ability to restrict membership, and there was some paranoia at the time about being taken over by Microsoft employees or something silly.


I thought drobbins wasn't working for them any more?

</joke>

Seriously now, as a community member it's good to see you starting to make the much-needed commitment to the less sexy but equally relevant tasks of leadership. More power to ya!
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d2_racing
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PostPosted: Tue May 20, 2008 11:43 am    Post subject: Reply with quote

Good work :)
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energyman76b
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PostPosted: Tue May 20, 2008 6:28 pm    Post subject: Reply with quote

dberkholz wrote:
energyman76b wrote:
dberkholz wrote:
scrappy wrote:
Is the Gentoo Foundation a not-for-profit? Are donations made via that Paypal link tax deductible?

No, it's set up as a 501(c)(6) rather than a 501(c)(3) so donations are not tax-deductible.

why 6 and not 3?

The c6 gives you more ability to restrict membership, and there was some paranoia at the time about being taken over by Microsoft employees or something silly. The c6 also has more flexibility in our ability to receive extremely large donations from a single entity that could make up a significant fraction of our income, whereas a c3 requires you to have a more well-rounded donation income.


ah, thanks for the explaination.
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rambam
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PostPosted: Wed May 21, 2008 4:31 am    Post subject: Reply with quote

More fuel for the eternal flame fests...
Meanwhile portage rots and gentoo dies of bit rot and developer apathy.
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i92guboj
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PostPosted: Wed May 21, 2008 7:41 am    Post subject: Reply with quote

rambam wrote:
More fuel for the eternal flame fests...


And if that's all that you are trying to do on this thread, I kindly ask you to leave.

Quote:
Meanwhile portage rots and gentoo dies of bit rot and developer apathy.


If you have a problem with portage, feel free to open as many threads as you want/need on the relevant sections of the forums. If you want to discuss (and I mean "to discuss", and not "to troll") about the current state of portage, then open a new thread about it on gentoo chat (or in the portage section if you are going to discuss in a technical manner).

Please, keep this thread clean since your post is not related to the topic of the thread. You don't need to answer my post. Let's stop the noise here, please.
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acevery
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PostPosted: Wed May 21, 2008 8:19 am    Post subject: Reply with quote

Great!
Thank you!
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