On Tue, Sep 16, 2008 at 12:00 PM, Chris Caldwell <[EMAIL PROTECTED]> wrote: > Will EFF give the money to GIMPS (e.g., you) and then you divide it? Or > will EFF divide it up according to the GIMPS rules?
EFF's rules are very clear. They will not divide it up. That's why we must incorporate as a non-profit tax-exempt. Otherwise, I'd have to pay taxes on the $100K and then the individuals would have to pay taxes too. The IRS would end up with most of it. _______________________________________________ Prime mailing list [email protected] http://hogranch.com/mailman/listinfo/prime
