[Foundation] Clarifications On Name Change Proposal

Matt Mankins mankins at media.mit.edu
Tue Jul 1 09:29:22 CDT 2003


> It looks like this would be $90 in Delaware (where the JSF is 
> incorporated). BTW, to respond to another email -- to the best of my 
> knowledge the JSF is a non-profit but is not a 501c3. A 501c3 is an org 
> that is allowed to do tax-deductible fundraising. It's possible that we 
> could quality for 501c3 status under the scientific advancement 
> category, but it's probably not likely. The only real ramification is 
> that donations by individuals to the org aren't tax deductible like they 
> would be to a charity.

Good to know.

> So, the low end is just over $100 and the high end is a bit over $1000. 
> If there are further line items that people wanted to discuss we could 
> certainly do so, but I think it's really a job for the team.

This sort of line by line calculation is what I was pushing for...I'm not 
sure it's as complete as it could be, but at least more of the issue is 
brought to the surface.

Mankins




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