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They need to divert profits to stay valid on their non-profit tax exemption. Just a wild guess.
by UberFly 3y ago
They need to divert profits to stay valid on their non-profit tax exemption. Just a wild guess.
- kibwen 3y agoThat's not how a 501c3 charity works. There are very strict rules about what the charitable funds can be used for, and "software development" (let alone "AI development") isn't one of those, even if the software is given away for free. "To establish 501(c)(3) status, your organization needs to be charitable (providing relief to the needy or distressed), educational (improving skills of individuals or providing useful information to the general public), scientific (research in a manner sufficiently in the public interest and not commercial), or in a few other categories (religious, youth amateur sports, etc.)." https://www.mill.law/blog/more-501c3-rejections-open-source-software-edition https://www.mill.law/blog/more-501c3-rejections-open-source-... The Mozilla Foundation, the charity part, uses its funds for education.