Ancestors

Written by Jenniferplusplus on 2025-01-22 at 22:05

I don't want to start shit, but what is a "hopefully not-for-profit" corporation, and why do we think that's interchangeable with a foundation?

What would be the relationship between, the foundation, corporation, dan, and the apps? What would the foundation's charter be? In what jurisdiction? Who would run it?

I would like these projects to succeed, and be long term stable components of the fediverse. Why does this stuff always feel so improvised?

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Toot

Written by Emelia 👸🏻 on 2025-01-22 at 22:20

@jenniferplusplus yeah, working this out should really be a priority for the pixelfed team given this kickstarter campaign.

You need a legal entity to hold copyright, trademarks, etc.

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Descendants

Written by Jenniferplusplus on 2025-01-22 at 22:27

@thisismissem The one self-contradictory paragraph does not fill me with confidence that those things will happen

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Written by Jeremiah Lee on 2025-01-22 at 23:08

@jenniferplusplus @thisismissem FWIW in the US, a non-profit legally is a corporation that has also been approved for tax exempt status. A foundation is a corporation that did not qualify as a charity but met additional requirements to obtain tax exempt status. Obtaining charity or foundation tax exemptions come after incorporating. All US non-profits start out as for profit corporations

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