3 ms·
This is Mozilla Foundation, not Mozilla Corp.
by chomp 5y ago
This is Mozilla Foundation, not Mozilla Corp.
- nerdponx 5y agoEven better: this is where your donation money goes.
- pseudo0 5y agoThe corporation is a wholly owned subsidiary of the foundation. It's effectively one organization structured to minimize taxes. What exactly is your point anyways?
- chomp 5y agoMy point is that I find it difficult to understand your comment because the Foundation does 2 things - advocacy, and holds the trademarks. The Corp is the one who built out Servo, and due to a lack of foresight on management's part, amongst other things, had to cut costs due to a dwindling browser share. You sound like the non-profit should start funneling its money into the corporation to secure its finances. Why?
- pseudo0 5y agoThe corporation subsidizes the foundation, not the other way around. It's just a question of how much. Here's a toy example that illustrates Mozilla's situation. Let's say you have XYZ Corp and XYZ Foundation (501c3). XYZ Corp revenue (search engine deal): $90 XYZ Foundation revenue (donations): $10 Total revenue: $100 XYZ Corp costs (browser dev): $50 XYZ Foundation costs (advocacy, etc): $50 Total costs: $100 You have to spend the 501c3 income on appropriate costs first, so the $10 from the foundation revenue gets put towards the foundation's advocacy costs. The remainder ($40) gets covered by revenue from the corporation. Now let's say you cut $10 in advocacy costs from the foundation, realizing that it's more important to have a viable browser competitor to Chrome than sex doll privacy evaluations. Now the corporation reduces its transfer to $30, and has $10 left over to, say, avoid laying off devs when the search engine deal revenue drops. Fundamentally most of the money is fungible, and wasting money on unproductive initiatives takes money away from making Firefox a viable Chrome competitor.
- pseudalopex 5y agoA non profit organization can't just use a for profit subsidiary like a bank account. Mozilla Corporation licenses trademarks from Mozilla Foundation for 2% of net revenue.