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Gentoo Officially Not-For-Profit

Posted by CmdrTaco on from the call-jerry-lewis dept.

iswm writes "The paperwork for the Gentoo Not-For-Profit entity was approved by the State of New Mexico today. This means that as of today, the Gentoo Foundation is an official Not-For-Profit Corporation in the United States. The process of becoming a Federally-recognized not-for-profit entity, which will take about six months for approval, can now begin."

2 of 227 comments (clear)

  1. donations by PimpbotChris · · Score: 5, Interesting

    does this mean donations will be tax deductible?

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  2. How about FOR profit? by Gothmolly · · Score: 4, Interesting

    Why the rush and excitement over being able to say that you make no money? How about charging people for Gentoo, making a profit on it, and creating wealth, instead of a non-quantifiable warm & fuzzy feeling? I'm sure this will instantly be modded Troll, Flamebait, or Heresy, but I don't understand the pride people have in being able to declare that they make no money.

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