IRS Puts Open Source Projects Under Microscope, Spawns Nonprofit Black Hole (Wired)
IRS Puts Open Source Projects Under Microscope, Spawns Nonprofit Black Hole (Wired)
Posted Jun 27, 2013 21:58 UTC (Thu) by bpearlmutter (subscriber, #14693)Parent article: IRS Puts Open Source Projects Under Microscope, Spawns Nonprofit Black Hole (Wired)
There isn't really any need to do all this paperwork yourself. Many open source projects rely on SPI http://www.spi-inc.org/ (or similar organizations) to handle their donations and books. It is very straightforward. SPI keeps the finances for the various associated projects separate, and does as it's told with the money modulo legal constraints. There is no barrier to prevent revoking the association with SPI and transferring the account to a different non-profit. Projects that use SPI's services include Debian, Drupal, Libreoffice, OpenWRT, haskell.org, Arch Linux, Postgresql, and many more. Although I'm not familiar with the workings of other "shell" open source organizations, I imagine they'd operate in a similar fashion.
