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The Foundation gives its subsidiary money, just like any other parent company can. Whether or not Wordpress.org makes money is irrelevant to its for/non profit
by throwup238 2y ago
The Foundation gives its subsidiary money, just like any other parent company can.
Whether or not Wordpress.org makes money is irrelevant to its for/non profit status. It’s a legal technicality due to IRS tax exemption rules for unrelated business activities. They have to put those operations into a separate subsidiary, even if it never makes any profit.
If the nonprofit can’t afford to run Wordpress.org then the whole nonprofit was a farce anyway.
- phonon 2y agoWhere does the Foundation get such money? In 2022 it had revenues of $23k.[1] [1] https://projects.propublica.org/nonprofits/organizations/205498932 https://projects.propublica.org/nonprofits/organizations/205...
- throwup238 2y agoSo it was a farce to begin with. Matt clearly had no intention of letting it be an independent foundation.