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If the non-profit is doing something for the benefit of the for-profit it’s the reverse of a donation - unless you really meant a “donation” from the foundation
by kgwgk 2y ago
If the non-profit is doing something for the benefit of the for-profit it’s the reverse of a donation - unless you really meant a “donation” from the foundation to the company.
- flutas 2y ago> unless you really meant a “donation” from the foundation to the company Yeah, that's what I meant. Essentially laundering money through the 501c3 to try and negate taxes. In this case actual money never changed hands, but what is the financial value of cutting off your competitor from the theme/plugin repo?... Not an insignificant amount.
- kgwgk 2y agoAh, I misunderstood your "wonder if it crosses any legal boundaries" as "it seems it doesn't" rather than "it seems it does". I completely agree.