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> For a simple donation, we can prioritize the work you need... I'm not an expert, but I'm pretty sure a non-profit can't do things like this. If the person gi
by takluyver 7y ago
> For a simple donation, we can prioritize the work you need...
I'm not an expert, but I'm pretty sure a non-profit can't do things like this. If the person giving the money expects a tangible benefit in return, it's not a donation.
- brettcannon 7y agoThe specific restriction from my understanding is that a US non-profit that accepts money for a specific thing must spend every penny of that money only on that thing. So if the PSF was given $1,000,000 to solve a specific problem and while trying to do it they go bankrupt they still couldn't touch that money to stay afloat. So non-profits avoid that situation since they typically have enough to survive a year or so, but not enough to be able to restrict what they might need to do with their cash.