Funding
Funding
Posted Apr 13, 2006 23:37 UTC (Thu) by BrucePerens (guest, #2510)In reply to: Why the ads? by hppnq
Parent article: Open Source Parking
User "hppnq" asked about financial details. There is no money today. The money collected would be banked for the purpose. When approximately $10K was collected, a not-for-profit corporation would be formed. It can't be a 501(c)3, because those can't collect money for a PAC. SPI can't do it for this reason, nor can EFF. So it would be a conventional corporation run not-for-profit. A few trusted folks in the community would be on the board, and more of them on the advisory board. As additonal money comes in, it will be used for lobbying and promotion of issues important to Open Source.
Why not use CCIA/OSAIA? They aren't willing to take on the software patenting issue as strongly as we need someone to take it on.
Thanks
Bruce
