4 ms·
FSF is still a 501(c)(3) with legal obligation to their stated mission, so it couldn't just be taken over and corrupted quite so simply.
by quadrangle 11y ago
FSF is still a 501(c)(3) with legal obligation to their stated mission, so it couldn't just be taken over and corrupted quite so simply.
- maxerickson 11y agoI think if they stopped accepting donations and spent remaining funds carefully, there would be no penalty for losing that status (it's largely an exemption from income taxes).
- quadrangle 11y agoI doubt it is that simple to change a 501(c)(3). I'm not a lawyer, but getting the tax exemption under 501(c)(3) has all sorts of requirements including things in Articles and Bylaws about how dissolution / acquiring works. Even losing 501 status doesn't instantly eliminate the legal status of the Articles/Bylaws that founded the (c)(3)…