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Re: [opennic-discuss] Foundation: Proposal 501(c)(3)


Chronological Thread 
  • From: Zach Gibbens <infocop411 AT gmail.com>
  • To: discuss AT lists.opennicproject.org
  • Subject: Re: [opennic-discuss] Foundation: Proposal 501(c)(3)
  • Date: Wed, 14 Jan 2015 20:40:21 -0500

I can see advantages and disadvantages to that, I'm aware of 501(c)3 (the 3 is important) I've started a small few before, But I thinkĀ  Ladar Levison proves the US isn't the right place for OpenNIC
On 14/01/15 20:17, Oleg Khovayko wrote:

Zach Gibbens wrote:
Now the question is where to Establish the foundation, I'd like to find a jurisdiction that has been fighting for Internet freedom already, Iceland comes to mind as a possibility.

About establish foundation:

I think, if establish in the US, need to create non-profit organization, 501(c) tax exempt:
http://en.wikipedia.org/wiki/501%28c%29_organization

Major advantage - donation to non-profit is tax-deductible.
This is great opportunities to collect donations.





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