[Foundation-l] Update of the Gift Policy

Mon Jan 21 16:50:19 UTC 2008

Hoi,
Given that we are an international organisation, it would be appreciated if
this is better explained. Also the notion that another non-profit would not
have any implied requests is something that I do not share. Quite the
opposite, with a profit you know at least that profit is an important
consideration. This is relatively easy to understand.
Thanks,
     GerardM

On Jan 21, 2008 3:41 PM, Gregory Maxwell <gmaxwell at gmail.com> wrote:

> On Jan 21, 2008 9:20 AM, Gerard Meijssen <gerard.meijssen at gmail.com>
> wrote:
> > Hoi,
> > I am sorry I do not understand. What is an "applicable tests for public
> > support". Why are donations from other charities exempt.
>
> I believe this would be referring to US tax code,  I could link to the
> applicable rules but you'd never figure them out. This site is easier
> to understand:  http://www.sharinglaw.net/npo/PublicSupportTest.htm
>
> Basically if a donor gives more than 2% of your income the portion of
> that donors donations over 2% are treated as business income (like
> selling t-shirts), rather than public support (donations).
>
> Part of the reason for the existence of this rule is keeping
> non-profits from being a front for private interests while still
> enjoying tax-exempt status.  Monies from government sources, and other
> qualifying non-profits are considered automatically to be public
> support by the nature or their source.
>
> I've brought up concerns related to public support (e.g.
> http://lists.wikimedia.org/pipermail/wikien-l/2007-October/084183.html),
> and excessive influence from large donors (e.g.
> http://lists.wikimedia.org/pipermail/wikien-l/2007-October/084251.html)
> in the past and I am thrilled to see the foundation doing something to
> address this area.
>
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