3 ms·
Can you explain the difference?
by lars_francke 3y ago
Can you explain the difference?
- h4ch1 3y agohttps://en.wikipedia.org/wiki/501(c)_organization https://en.wikipedia.org/wiki/501(c)_organization This has complete sections defining both.
- sph 3y agoA summary for people not expert in legalese and American law?
- weinzierl 3y agoNot a lawyer and what I'm going to say is vastly oversimplified, but the gist is: - A 501(c)(3) is for the benefit of the public - A 501(c)(6) is for the common interests of their members They both have advantages and disadvantages and are appropriate for certain scenarios. Examples are: - A 501(c)(3) Python, Scala, Zig, Mozilla, Apache, SFC, FSF - A 501(c)(6) .NET, Rust, Eclipse
- dcre 3y agoIt sounds like 3 is for charities and 6 is for business organizations like a chamber of commerce. The former has tax-deductible donations and can’t participate in lobbying or political campaigns. It seems like 6 would have been a weird choice here.
- weinzierl 3y agoNot so weird, the Rust Foundation is a 501(c)(6) after all, like the .NET Foundation or the Eclipse Foundation, but from all I know about Bevy and the people behind it a 501(c)(3) suits it much better.