>As a 501(c)(3), it would be illegal for the Wikimedia Foundation to be purchased by any of the tech-giants Query google "can a non profit go for profit" Resu

>As a 501(c)(3), it would be illegal for the Wikimedia Foundation to be purchased by any of the tech-giants Query google "can a non profit go for profit" Result 1: How to Convert Nonprofit to Profit >Notify the IRS by writing a "statement of nonprofit conversion" Query google "statement of nonprofit conversion" Result 1: PDF titled "Voluntarily Relinquishing of Tax Exempt Status" - PDF WARNING https://www.irs.gov/pub/irs-tege/eotopick85.pdf https://www.irs.gov/pub/irs-tege/eotopick85.pdf So I'm doubting it is illegal, worst case they convert to a for-profit and sell in this scenario.