On 09/26/2011 03:27 PM, Carl Trieloff wrote:
Right now we will not setup a foundation, however the goal as a
community is to provide support for subprojects, help direct marketing etc.
We can pretty much provide all the value for sub-projects without a
foundation. If we get to the point we believe we need a foundation to
better develop the ece-system we can create one, however based on past
experience I don't think we will need one.
Can you elaborate on that?
We're actually feeling pains from not having a foundation with QEMU. US tax law
is complex and unforgiving so when it comes to thinks like accepting donations,
a foundation is really needed.
A concrete example is something like Google Summer of Code. As part of the
program, Google pays each organization a small stipend which requires the
organization to generate a purchase order. So you need some organization that
can generate the PO, and then can also cover travel/pay out stipends.
If any oVirt project decides to participate in GSoC, this will come up. There
are similar problems in accepting donations from other organizations and/or
trying to sponsor travel.
Both Apache and Eclipse are 501(c)3 and 501(c)6 foundations respectively.
Almost every other foundation has some sort of non-profit status too.
On 09/26/2011 03:59 PM, Anthony Liguori wrote:
> Is oVirt Foundation (or will it be) an independent corporation with a
> 501(c)3 status?
> If so, will the foundation accept sub-project targeted donations?
> Will the foundation provide legal services for projects?
> I'm trying to understands the pros and cons of being a member project
> to help make a case for joining. Even if this isn't in place today or
> in the near future, if that's where things are heading, it would be
> useful to know.
> Anthony Liguori
> Board mailing list
Board mailing list