Re: Closing the GNOME BitPay account

Hi Andre, Thanks for sending that article! We may try to reach out to BitGive to see how it's going for them. To clarify, we know that accepting bitcoin donations is possible as a 501(c)(3), but we're not sure it makes sense for the GNOME Foundation to do so. We've started to investigate and it s

Re: Closing the GNOME BitPay account

On Wed, 2016-11-30 at 14:52 +0100, Tobias Mueller wrote: > I bet it'd be interesting to other 501c3s like Mozilla > i.mozilla.org/Ways_to_Give#Bitcoin>, > > Tor , or the > > handful pages  > > of Google results for "501c3 anonymous

Re: Closing the GNOME BitPay account

Hi all, Just to let you know - the board is still pursuing this. We've reached out to some other organisations and got some information back. There's a bit more research to do, but we're making progress. Allan On Wed, Nov 30, 2016 at 6:34 PM, Nuritzi Sanchez < nurit...@stanfordalumni.org> wrote:

Re: Closing the GNOME BitPay account

Hi Tobi, On Wed, Nov 30, 2016 at 5:52 AM, Tobias Mueller wrote > > > > I bet it'd be interesting to other 501c3s like Mozilla < > https://wiki.mozilla.org/Ways_to_Give#Bitcoin>, > > Tor , or the > handful pages > > of Google results for "501c3

Re: Closing the GNOME BitPay account

Hi. On Mo, 2016-08-22 at 15:01 +0200, Tobias Mueller wrote: > On Mon, Aug 22, 2016 at 02:13:55PM +0200, Alexandre Franke wrote: > > > > The issue has nothing to do with currencies. The problem is that as a > > 501(c)(3) we need to know where our donations come from > Interesting. Do you have a so

Re: Closing the GNOME BitPay account

I'm curious about this also. IANAL, and we're in the UK, but this is relevant to what we do (microdonations disbursed to recipients over bitcoin). In all my digging through US IRS documents (so much fun!) I've never found anything to substantiate the requirement to know the source of donations if

Re: Closing the GNOME BitPay account

Hi. On Mon, Aug 22, 2016 at 02:13:55PM +0200, Alexandre Franke wrote: > The issue has nothing to do with currencies. The problem is that as a > 501(c)(3) we need to know where our donations come from Interesting. Do you have a source for that? >From what I know you only need to report "substantial

Re: Closing the GNOME BitPay account

On Mon, Aug 22, 2016 at 1:28 PM, Tobias Mueller wrote: > Hi. Hello, > Do you have details? > I could only find https://www.irs.gov/pub/irs-drop/n-14-21.pdf which > does not indicate that "virtual currency" should be treated differently > than "real currency". > But I wonder why you think any of

Re: Closing the GNOME BitPay account

Hi. On Mo, 2016-08-22 at 12:44 +0200, Allan Day wrote: > Unfortunately IRS regulations means that accepting payments through Bitcoin > poses some problems Do you have details? I could only find https://www.irs.gov/pub/irs-drop/n-14-21.pdf which does not indicate that "virtual currency" should be

Closing the GNOME BitPay account

Hi all, The GNOME Foundation is registered in the US and must therefore comply with US financial rules. Unfortunately IRS regulations means that accepting payments through Bitcoin poses some problems, and the Board of Directors has therefore decided to stop accepting donations through Bitcoin. I'