[oi-dev] is there a vector for donating to OI?

[garrett.damore at dey-sys.com]

I have no problem with illumos handling earmarking.  In the future, I'll want to take a percentage of such donations for illumos general use, but I expect it to be reasonable -- perhaps 20% or 25% - and that seems not inappropriate given that OI uses illumos as its base anyway.

As far as deciding how it gets spent outside of the earmark - I think the OI community will still need to appoint someone or a small body of people, to determine the further allocation of the earmark.  That sounds like governance to me -- even if not much.

	- Garrett

On Sep 7, 2012, at 2:46 AM, "Andrew M. Hettinger" <AHettinger at Prominic.NET> wrote:

> I think this is alot of work for no gain. As long as the illumos foundation is willing to earmark donations for us to use (even if they want to keep a small amount to cover their expenses for doing so), and is fine with us handling our governance ourselves I see no reason to go through the trouble and cost of making a fully separate entity. This is not something that just happens, there are legal hurtles, mostly to the initial separation, but to a lesser degree ongoing in setting up to be able to accept donations and remain in compliance with the law. 
> 
> The Illumos Foundation has been vary generous to provide us with hosting, support, and not make any real demands on us in return. I think the best with regard to this is to continue with our existing symbiotic relationship.
> 
> Andrew Hettinger
> http://Prominic.NET || AHettinger at Prominic.NET
> Tel: 866.339.3169 (toll free) -or- +1.217.356.2888 x.110 (int'l) 
> Fax: 866.372.3356 (toll free) -or- +1.217.356.3356 (int'l)
> 
> 
> <magnus at yonderway.com> wrote on 09/06/2012 03:32:41 PM:
> > On Thu, 06 Sep 2012 14:15:48 -0600, Ken Gunderson <kgunders at teamcool.net>
> > wrote:
> > 
> > > Doesn't need to be a "C" corp. Keep it simple. Maybe an LLC or "S"
> > > corp? 
> > 
> > Not if you want to accept tax-deductible donations.
> > 
> > The cliff's notes: http://en.wikipedia.org/wiki/501(c)
> > 
> > A 501(c)(3) may or may not be the right way to go. It's the kind of
> > corporation that is attractive for people and corporations (and other
> > Foundations, potentially) to make tax-deductible donations to. But there
> > are responsibilities involved with keeping it going.
> > 
> > -M
> > 
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