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Once more for the people in the back. clap The clap Foundation clap Is clap Not clap The clap Corporation clap
by jonathankoren 3y ago
Once more for the people in the back.
clap The clap Foundation clap Is clap Not clap The clap Corporation clap
- smegsicle 3y agowhat is this, are you applauding the legal structure of mozilla? what does it accomplish that excuses this level of waste?
- jonathankoren 3y ago1) It’s not applause. It’s emphasis. 2) The entire rationale for MoFo is: 2a) Own the for profit corporation because MoCo makes too much money to be considered a nonprofit for tax purposes. (This legal structure predates B Corps.) 2b) Give money away. That’s it. It gives money to academics and activists. Is it wasted? Maybe. But that’s what do philanthropic organizations do.
- mozempthrowaway 3y agoYou don’t understand how it works either. Mitchell is both the chair of the foundation and until like 2 weeks ago was the CEO. She had full control over where the money goes hence why she increased her pay so much. The foundation is sole owner of the corporation.
- jonathankoren 3y agoPlease don’t explain the structure of Mozilla to a former Mozillian.
- mozempthrowaway 3y agoMaybe you’d forgotten how it’s structured or maybe you hadn’t read through the foundations financial filings before. I don’t know. But somehow you think the foundation/corporation boundary is somehow relevant to Mitchell increasing her pay so much when she essentially leads both.