On Sunday 25 March 2007, M. Edward (Ed) Borasky wrote: > Christel Dahlskjaer wrote: > > It looks like our social contract doesn't prohibit Gentoo from being > > dependent upon a single sponsor or corporation. In the interests of > > keeping Gentoo run by the developers rather than any outside party, how > > about the following addition to the Social Contract? > > > > <heading>We will be run by the Development Community</> > > Gentoo will be run by the development community. We will never allow > > ourselves to be reliant upon a single sponsor or corporation. > > As I understand it, Gentoo is a "tax-exempt foundation" registered in > the state of New Mexico. As a result, there are legal restrictions on > "sponsorship", etc. Before modifying the "Social Contract", I'd > recommend consulting an attorney with expertise in such matters. The > last thing Gentoo needs is major legal hassles.
your information is dated ... Gentoo is not a tax-exempt foundation specifically so that we dont have to worry about getting screwed when a single entity decided to donate a ton of cash ... in other words, most foundations choose to be a 501(c)(3) so that donaters can have tax write offs while Gentoo is a 501(c)(1) -mike
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