Difference between revisions of "501c3 Application: Questions from IRS, September 2012"
(Created page with "On September 14, 2012, OSGeo Received a letter with questions from the IRS relating to its 501c3 application. The letter is available here: http://svn.osgeo.org/osgeo/board/irs_...") |
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This page is to work on the response to those questions. | This page is to work on the response to those questions. | ||
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| + | '''1. On September 11, 2012, Mr David Atkin, your authorized representative, indicated that you are willing to move some of your non-educational activities to a taxable subsidiary. Please indicate which activities you will retain.''' | ||
* The board decided on 2012-11-15 to Drop the sponsorship program which was the main issue | * The board decided on 2012-11-15 to Drop the sponsorship program which was the main issue | ||
* TODO: list the activities that we retain | * TODO: list the activities that we retain | ||
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| + | '''2. The funds from your project sponsorships are used to fund specific software projects whihc will be moved into your taxable subsidiary. Since an exempt organization cannot use its funds to support the activities of its taxable subsidiary, you may wish to move this type of support to your taxable subsidiary. ''' | ||
* We will drop the project sponsorship program. | * We will drop the project sponsorship program. | ||
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| + | '''3. Do you plan to move your trademarks and copyrights to your taxable subsidiary? ''' | ||
* No. | * No. | ||
Revision as of 09:09, 21 November 2012
On September 14, 2012, OSGeo Received a letter with questions from the IRS relating to its 501c3 application.
The letter is available here: http://svn.osgeo.org/osgeo/board/irs_docs/OSGeo-IRS-Letter-20120914.pdf
This page is to work on the response to those questions.
1. On September 11, 2012, Mr David Atkin, your authorized representative, indicated that you are willing to move some of your non-educational activities to a taxable subsidiary. Please indicate which activities you will retain.
- The board decided on 2012-11-15 to Drop the sponsorship program which was the main issue
- TODO: list the activities that we retain
2. The funds from your project sponsorships are used to fund specific software projects whihc will be moved into your taxable subsidiary. Since an exempt organization cannot use its funds to support the activities of its taxable subsidiary, you may wish to move this type of support to your taxable subsidiary.
- We will drop the project sponsorship program.
3. Do you plan to move your trademarks and copyrights to your taxable subsidiary?
- No.