Yes, that is an important distinction. All I meant was that for the money donated, php-fig won't owe taxes on it. Donors still would.
On Thu, Feb 23, 2023, 19:08 Ben Ramsey <b...@benramsey.com> wrote: > > On Feb 23, 2023, at 17:16, Navarr Barnier <navarr.barn...@gmail.com> > wrote: > > > > I would also like to propose perhaps using OpenCollective.com with the > Open Source Collective acting as fiscal host. > > > > The downside of such usage would be that the OSC has a 10% fee for > covering the legal fees and platform. Though that means it's unlikely it > will go away. > > > > The benefit of such a platform is that, like our software, voting, and > discussions - finances remain "open source." It'll also ensure a 501c > status so donations aren't taxed (stateside), and can be attached to GitHub > sponsors as well. > > > I will second Open Collective. We use them for the PHP Community Mastodon > instance. > > However, please note that Open Source Collective (which is a collective > under the Open Collective umbrella, but it is not Open Collective itself — > an important distinction) is a 501(c)(6). In the US, donations to a > 501(c)(6) are _not_ tax deductible. > > As always, consult a tax professional on these things (I am not one). Just > be sure you’re clearly stating this in messaging if you decide to set up > under the umbrella of any 501(c)(6). :-) > > Cheers, > Ben > > -- > You received this message because you are subscribed to the Google Groups > "PHP Framework Interoperability Group" group. > To unsubscribe from this group and stop receiving emails from it, send an > email to php-fig+unsubscr...@googlegroups.com. > To view this discussion on the web visit > https://groups.google.com/d/msgid/php-fig/1B1BFDF0-DCB6-4F4B-8DA5-E21864D3F89F%40benramsey.com > . > -- You received this message because you are subscribed to the Google Groups "PHP Framework Interoperability Group" group. To unsubscribe from this group and stop receiving emails from it, send an email to php-fig+unsubscr...@googlegroups.com. To view this discussion on the web visit https://groups.google.com/d/msgid/php-fig/CAJXdS0HTZ0s4PU5JzQg2m%2Bv_ZNmEbBRSxo1s-ZTztfei%2BmRVDA%40mail.gmail.com.
