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Gentoo Officially Not-For-Profit

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."

50 of 227 comments (clear)

  1. no more taxes by millahtime · · Score: 3, Insightful

    Hey, this makes them tax exempt. Way to save money!!!!!

    1. Re:no more taxes by kfg · · Score: 4, Informative

      Hey, this makes them tax exempt.

      In New Mexico.

      The blurb was badly written. They are not tax exempt in the United States and the standards for state tax exempt status are usually somewhat different and easier (fill out the forms) than the federal standards.

      About six months from now Gentoo may or may not be nonprofit in the United States.

      KFG

    2. Re:no more taxes by RazzleFrog · · Score: 4, Informative

      Non-profit and not-for-profit can be used interchangeably. You will rarely hear any accountant refer to a company as non-profit. Not-for-profit is the current "politically correct" term.

      In order for a not-for-profit to receive tax exemption it has to qualify under the IRS codes section 501(c). The most common being 501(c)(3) for charitable organizations.

  2. Before the compiling jokes arrive. by anonymous+coword · · Score: 4, Informative

    Remember that Gentoo now supports binary packages for those giant software such as KDE and OpenOffice.org. Also check the Wikipedia article about Gentoo.

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

    does this mean donations will be tax deductible?

    --
    Damn, I left my good sig in my other pants
    1. Re:donations by EvilTwinSkippy · · Score: 2, Informative

      In New Mexico, possibly. But the federal paperwork is just starting, and they don't get 501c status until all the goats have been sacrificed.

      --
      "Learning is not compulsory... neither is survival."
      --Dr.W.Edwards Deming
    2. Re:donations by klieber · · Score: 4, Informative

      It depends on what 501 status we pursue. 501(c)(3) organizations are considered "charitable" organizations and donations to these entities are tax deductible. 501(c)(6) is a trade organization and organizations to these entities are not tax deductible.

      --
      Gentoo Linux http://gentoo.org/
    3. Re:donations by bgeer · · Score: 4, Informative
      No, incorporating as not-for-profit doesn't necessarily make you tax exempt. All not-for-profit means is that you don't distribute dividends to shareholders, but rather reinvest any profits (or funnel it to management...)

      In order to be able to receive tax deductable contributions you have to apply to the IRS to be a 501(c)3 tax-exempt organization. The blurb on Gentoo.org doesn't say what section they're applying under, but it would be pretty surprising if the IRS granted them charitable status. It's usually reserved for charities, artistic or literary foundations, churches, etc.

    4. Re:donations by klieber · · Score: 4, Funny

      and organizations to these entities are not tax deductible.

      Of course...that should have said "and donations to these entities are not tax deductible."

      /me goes to emerge coffee

      --
      Gentoo Linux http://gentoo.org/
  4. Celebrate by Anonymous Coward · · Score: 3, Interesting

    Celebrate by Donating to Gentoo

  5. Linux is not for profits? by Realistic_Dragon · · Score: 5, Funny

    Then how do they square the fact that it's used by Linus, Robbins, Stalman and all those other agents of God eh?

    Will the government remove their not for prophet status if they discover how deep the OSS religion goes?

    --
    Beep beep.
    1. Re:Linux is not for profits? by no+longer+myself · · Score: 2, Funny
      Will the government remove their not for prophet status if they discover how deep the OSS religion goes?

      Maybe, but then they will get a tax exempt status for being a religion, and maybe even qualify for funding under the "faith based initiative".

    2. Re:Linux is not for profits? by mizhi · · Score: 2, Funny

      They're not prophets, they're charlatan messangers of the great evil satan himself. They're non-prophets and linux is the alatar they constructed for worship at by the followers of their demon cult, the Free Software Foundation.

      Gentoo is a just a little spawnlet.

      Okay okay, I'm done. Don't throw the tomatoes too hard.

      --
      Humorless sig goes here.
  6. Re:The real question is.... by Nakkel · · Score: 5, Funny

    Didnt take too long for the answer to emerge.

  7. Non profit Corpoartion - what this actually means by JaF893 · · Score: 5, Informative

    As far as Linux and Gentoo are concerned this can only be a good thing and it is certainly a very positive step. For those interested in finding out a bit more about what this actually means here are a couple of Wikipedia links:
    Non Profit Corporations
    Non Profit Organizations

  8. Okay, a question... by WhiskerTheMad · · Score: 2, Interesting

    So what niche is Gentoo aimed at? Mandrake is for n00bs, Redhat's for suits, Slack is for people who have an unhealthy obsession with config files.

    I've been looking for a new distro lately. Where does Gentoo fall in this list?

    --
    Love your country always, but respect your government only when it deserves it. -- Mark Twain
    1. Re:Okay, a question... by Anonymous Coward · · Score: 2, Insightful

      Gentoo is and always has been for the power user with real computers.
      It offers a lot in the way of flexibility unlike the binary only distributions, but it's not for the impatient or new linux users.
      Being that Gentoo is sourced based and community driven you will find pieces of it that come from every other major distribution which is pretty darn cool when you think about it. One of the first things that attracted me was the ability to make changes to it and get a system built that matched my needs and being able to work so closely with the developers to effect long term change.

      Hope you find what your looking for..

    2. Re:Okay, a question... by irexe · · Score: 5, Informative

      Gentoo is for people that want the ease of use of Debian's apt-get with the benefits of source compilation (optimization for your specific machine, smooth integration with source compiled packages) and support for The Latest Stuff.

      Gentoo is as easy to maintain as Debian, but it is generally more geared towards people that want the latest stuff on their desktops (whereas Deb is not very desktop-friendly). In comparison to the desktop distro crop (Redhat, Suse, Mandrake, etc.), Gentoo stands out favorably (IMHO) in that it is much more accessible and maintainable from the command line. This may scare noobs, but tweaking the ol' config file is a lot more deterministic and promising than dealing with dialogs like 'there was a problem with your network device' and with custom vendor kernel weirdness.

      So, to sum it up: Gentoo combines the best of both worlds: it is a very hard-core, clean, unixy distro with a very refreshing attitude towards desktop usage. IMHO, the only thing that beats Gentoo on your desktop will be OS X!

    3. Re:Okay, a question... by Dan+Ost · · Score: 2, Insightful

      I like gentoo because it's easy to install (can use any boot media that
      supports chroot, including another partition), gives me a clean base system
      without anything I didn't ask for, makes installing and updating software a
      breeze, and has a community that is active and friendly.

      Basically, I like it for all the reasons I like BSD.

      --

      *sigh* back to work...
    4. Re:Okay, a question... by Bombcar · · Score: 2, Informative

      Gentoo provides a very important thing to the Linux community.

      They basically make it very easy to beta-test new software, which results in improvements for everyone.

      In fact, I'd say it is almost because of Gentoo that so many compiler warnings have been fixed in source code packages all over the world.

      And it also helps verify that software is truly cross-platform.

  9. Re:It's wrong!! by mdarksbane · · Score: 4, Funny

    No, obviously now it's:

    1) fetch packages
    2) compile
    3) ???
    4) !PROFIT

  10. yay for gentoo by vmircea · · Score: 3, Informative

    I personally love Gentoo, hopefully now that they won't have to pay taxes and get other benefits they will be able to give the Gentoo users a little bit more, although they've been doing a great job so far. And for people who don't know what Gentoo is, since it's pretty popular but not everyone knows about it. It is a Linux OS that compiles most packages (except for open office, unless you're crazy, like me). Take a look at it here.

  11. 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.

    --
    I want to delete my account but Slashdot doesn't allow it.
    1. Re:How about FOR profit? by EvilTwinSkippy · · Score: 2, Informative
      Working for a non-profit, its all about donors. Many benevolent organization (Pew, Carnegie, etc) really prefer to give to an official non-profit (assuming it's not mandated in their charters.)

      NFP status also makes Gentoo eligable for numerous government research and education grants. That's money with not strings attached, save to do the work as stated. No corporate tie-ins, no funding pulled because you are competing with their product. Of course there are political issues that are difficult to negotiate, but you have a development and giving department to handle that.

      --
      "Learning is not compulsory... neither is survival."
      --Dr.W.Edwards Deming
    2. Re:How about FOR profit? by zanderredux · · Score: 5, Informative
      Gosh, I had mod points but I'm giving them up so I can reply....

      Basically, being a NFP will relieve much of the money-making pressure on Gentoo, so they can fulfill their Social Contract, without having to compromise it so they can mmet some aribitrary profit targets imposed by shareholders and so.

      NFP also is a testimony to their commitment on giving back to the community instead of giving to some high-profile exec or a limited bunch of anonymous shareholders.

      In principle, it's a good thing, but let's see how they can get a cash flow going (not necessarily profit, but they should have at least the means to keep paying their bills on time).

    3. Re:How about FOR profit? by pandrijeczko · · Score: 2, Insightful
      How about those of us that get a "warm & fuzzy feeling" about just being part of a global community ?

      A question I always put to capitalist people is "What do you deem to be *ENOUGH* money?" to which I can never seem to get an answer.

      I fail to understand the mechanics of using money to just make more money. Surely there is a point when you have enough money (say, to buy that new Learjet or something) in which case there is some goal to aim for.

      This is why I never understand the pro-Microsoft people who always quote the "$60 billion in the bank" figure.

      So what? That money's not *doing* anything apart from sitting their getting bigger.

      Call me a Communist hippy or whatever but I find life's more fun when I *don't* spend any of it thinking about money...

      --
      Gentoo Linux - another day, another USE flag.
    4. Re:How about FOR profit? by klieber · · Score: 5, Insightful

      How about charging people for Gentoo, making a profit on it, and creating wealth, instead of a non-quantifiable warm & fuzzy feeling?

      Our software is GPL'd. You're welcome to pursue this. We chose a different path.

      --
      Gentoo Linux http://gentoo.org/
    5. Re:How about FOR profit? by AMystery · · Score: 3, Insightful

      Short answer: When I have it all.

      Capitalists are not about making money, they are about destroying it. A capitalist wants to concentrate all of the wealth in one person.

      I'm not necessarily a capitalist but I do have those impulses and I can tell you that given free reign, that is where they would lead.

  12. Re:Great! by chegosaurus · · Score: 2, Funny

    Repeat until funny.

  13. The compiler jokes are becoming boring by JTunny · · Score: 5, Insightful



    Making these jokes is getting to be worse than the zealots who made the ill-advised compiler flag comments in the first place.

    Gentoo is an impressive distribution, although admittedly it has its faults (find me a distribution that doesn't). I'm glad I got to experiment with it before it became fashionable to make derogatory jokes about it. Tthere's a fair chance all the +5 funny/insightful diminishing comments might have deterred me.

    1. Re:The compiler jokes are becoming boring by pandrijeczko · · Score: 3, Insightful
      Been through Mandrake, Red Hat, SuSE & Slackware and I'm now at Gentoo and sticking with it.

      The idiots that moan about compile times don't understand the timesavings of just doing an "emerge" occasionally to update the system after it's built. Sure, it's not foolproof but then what OS is?

      Gentoo has a cool attitude - to just make a damn good product and not give a damn about how much money they can make from it.

      --
      Gentoo Linux - another day, another USE flag.
    2. Re:The compiler jokes are becoming boring by jadel · · Score: 2, Insightful

      Gentoo is my distro of choice, not because of the excellent installation information (any documentation that can take you through installing from scratch and make you think that was easy afterwards is quite and achievement.) nor because of the funky build optimizations or the security patches like propolice. It's the ability to try out new and cutting edge software without the ridiculous dependency chasing that used to be the case when I used a more conventional distro.
      All in all despite the odd hiccup, gentoo has been a very positive experience.

  14. Re:The real question is.... by EvilTwinSkippy · · Score: 2, Funny

    emerge --deep 501c

    --
    "Learning is not compulsory... neither is survival."
    --Dr.W.Edwards Deming
  15. Re:Um, so they're not for profit yet? by klieber · · Score: 5, Informative

    That's inaccurate. We are a not-for-profit organization right now. Today. The Federal status (which is mainly for tax purposes) will take another 6 months to formally complete.

    --
    Gentoo Linux http://gentoo.org/
  16. Less negativity please! by barcodez · · Score: 2, Interesting

    Good on you Gentoo team - I wish you every success.

    I might even put my money where my mouth is onces it's tax deductable.

    Any plans to do the same in Europe?

    --

    ----
  17. True meaning of 'Not for Profit' by LittleKing · · Score: 4, Informative

    I think there are several people that do not understand what a Not for Profit company really means. Not for Profit doesn't mean they do not make money it only means that they cannot have 'extra cash' on hand at the end of their fiscal year. They can still have money in savings because you can budget money into saving. Also at times, working for a NFP company can be a benifit since they can't have 'extra cash' then they sometimes pay really well.

    Take Blue Cross Blue Shield (an American insurance company), they are actually a NFP organization. Most people don't realize this but it is true.

    --
    Art by Mindy Herman, my wife.
  18. I've worked at a lot of non-profit startups by tjic · · Score: 2, Interesting
    I've worked at a lot of non-profit startups.

    Gentoo is a lot more sophisticated than most of my former employers, though.

    They didn't get non-profitable status legally established until the bankruptcy hearings.

  19. *ENOUGH* money by dpilot · · Score: 4, Insightful

    Another one giving up mod to reply...

    The real problem is a hijacking of the concept of 'money'. 'Money' was originally meant to be a means of extended barter. You need a chicken, I need work done on my house, but I have spare corn instead of a chicken. We could find a third party that needs corn, and has a chicken. Or we could come up with 'money' that lets us extend our barter system into a marketplace, and allows all goods to become more liquid.

    Unfortunately, for some people money has turned into a measure of self-esteem. They're not even collecting castles, or jet planes, or home theaters, or any sort of goods, any more. They measure their success by incrementing digits.

    Also unfortunately, as much as we'd like to think of the economy as an expanding pie that has room for everyone to get as much as they want without depriving others, it just isn't. Though there is some expansion, the finite size of the pie is painfully apparent to many. In order for the more successful to tick their digits upward, they end up taking away from others. In other terms, this can be called 'downsizing', 'offshoring', 'making benefits competitive', and the like.

    Why this use of money is bad is that it's so easy to tick digits upward. Had these people been accumulating toys and property, it would be more obviously outrageous.

    The nifty thing about a gift economy is that it lets you measure your self-esteem through contribution. But it does need to piggyback on top of a money economy, because goods in the real world aren't free, and we all need to eat and get out of the rain.

    Finding the balance between gift and money economies, and getting Joe 6pak to buy into that balance, is the task for TruenGenius.

    --
    The living have better things to do than to continue hating the dead.
  20. Re:Interesting by Krach42 · · Score: 2, Funny

    New Mexico is a gaping black hole that sucks people in and they never leave. I've had two friends move away just to come back here because this is where they found jobs.

    Then of course there's all the other crackpots that live here, making Gentoo fit in real nice. Roswell's alien crowd, and the various hippy religious cults.

    You can mod me down, but it's true.

    --

    I am unamerican, and proud of it!
  21. Gentoo icon? by Chuck+Bucket · · Score: 3, Insightful

    Can Slashdot finally get a Gentoo icon now? One of these days you really think it should...

    (insert joke that the Gentoo icon is still compiling here...)

    CB

  22. rtfb by eean · · Score: 2, Insightful

    except thats exactly what the blurb says

  23. isn't VISA not for profit too? by xutopia · · Score: 2, Funny

    Would this mean that Gentoo could take over the world like Visa did?

  24. Non-profits are permitted to make money by The+Ape+With+No+Name · · Score: 3, Informative

    They just can't pay a return on the money they make. They can disburse it charitably, reinvest it, etc. There is such a tough regimen of oversight in the American non/not-for profit. If only Enron and those evil fucks had to live by a 503's rules.

    I used to run a non-profit environmental journal. We made money on occasion and when we had excess we had this nifty idea called: giving it to the poor. Problem is: that makes you a hell-bound commie in Merika.

    --
    Comparing it to Windows will be a moot point, since El Dorado is going to have a 40% larger code base than XP.
  25. Re:Gentoo better Desktop distro than Debian? by diamondsw · · Score: 2, Funny

    Says the person who has to filch files from another distro to get his working?

    --
    I don't know what kind of crack I was on, but I suspect it was decaf.
  26. This needs to change by Progman3K · · Score: 3, Informative

    We live in a climate and culture where a young man like Bill Gates can become unimaginably rich by first buying someone else's work and fobbing it off on the public, but where people of vision like Daniel Robbins nearly loses everything he has trying to bring to the public a product that will benefit everyone.

    Donate to Gentoo, I did, and even if I gave them $100 a year, it'd STILL be a much better deal than if I was able to get Windows for free, forever.

    --
    I don't know the meaning of the word 'don't' - J
  27. Re:The real question is.... by RazzleFrog · · Score: 2, Informative

    In order to be a corporation in the US you only need to incorporate in one state (Delaware being very popular for tax reasons). In order to qualify for tax exempt status (which is what they mean by federal recognition - the IRS) you have to qualify under 501(c).

  28. Re:Gentoo better Desktop distro than Debian? by irexe · · Score: 3, Interesting

    Well, the folks at Debian are not very desktop-minded. This is actually what makes Debian such a fantastic server distro, but if you are more of a multimedia guy/gal it may be annoying. The Debian attitude has a number of implications for desktop users:

    1. The community: Asking questions on #debian about your KDE install is likely to get you responses like 'bah! I don't use desktops. I use X occasionally, but I don't really use KDE. Read the manual!'. Since Linux is a DIY OS, this may be troublesome.

    2. The apps: by the time I switched to Gentoo, I could emerge KDE 3.1, whilst deb stable was still at the ancient KDE 2. At that time, Unstable was severely broken because of the whole gcc versioning issue. In general, new desktop apps appear in Gentoo in a matter of days, even hours after a release, whereas Debian unstable is a lot slower and more conservative at adapting.

    3. The features: Gentoo is a bit more friendly towards newer features as well. As an example, getting ALSA to work in Debian about 1.5 years ago was a big pain. Gentoo supported it ever since I switched. In fact, it was my main reason for switching. Gentoo had a clear ALSA installation Howto present and all core packages were in Portage.

    The point I like to stress here is that these differences are a direct result of the Debian attitude towards desktop usage. Don't take my word for it, go out on the irc channels and talk to these people. They are not keen on new desktop features and getting the latest media player or desktop environment to work is just not on their agenda. That's cool, unless it is on your agenda. Then you might want to give Gentoo a spin.

  29. Profit in support not selling bits ... by pherris · · Score: 2, Interesting
    IMO I think the traditional "for profit" software business model just doesn't work for GNU/Linux distros. What I'd like to see is Gentoo move into the "pay for phone support" business. Got a question you need answered now? Pay us $75USD and we'll help. Questions and answers can be read on a website so everyone benefits. There's profit in it while bring cash in to support an excellent distro. It's possible that $75 could be written off as a donation (kinda like "underwriting" on public radio/tv).

    I'm personally thankful that the "powers that be" at Gentoo have the "Gentoo GNU/Linux Social Contract". If you're running another distro you really need to check Gentoo out. Gentoo's future is quite bright.

    --
    "And a voice was screaming: 'Holy Jesus! What are these goddamn animals?'" - HST
  30. I'll second that by SnappingTurtle · · Score: 2, Informative
    I'd be surprised if they weren't granted 501(c)3 status. 501(c)3 status covers a broad range of organizations. The production and coordination of open source software would surely fit into the IRS's category for 501(c)3.

    BTW, churches usually don't try to get 501(c)3 status, although the charitable organzations they run often do. See this FAQ for details.

    --
    I've found that my posts don't format quite right w/o a sig.
  31. I have both by kardar · · Score: 2, Informative

    I use both Debian testing (Sarge) and Gentoo 2004.0, just recently installed (two different machines)

    It's frustrating, because I have to choose one or the other; I like them both so much.

    The thing I like about Gentoo is that it is much easier (some folks actually recommend) to keep current "piecemeal", which would be better for dialup. You can update one package at a time, or, more precisely, one package and its dependencies at a time.

    Debian is sort of easiest (in my experience) to upgrade all at once, which, depending on the last time you upgraded your system, might require some serious downloading of stuff. There are many benefits, especially if you just want to do it and get it over with, to upgrading all at once, but this whole process is made significantly faster and easier if you have a fast connection.

    I think Debian Sarge and Gentoo are both excellent, but if I had to use dial-up, I would be tempted to go with Gentoo because the upgrades are easier to do package by package, and I could just run an update to a package in the background every now and then. The command-line nature of emerge and the --pretend switch are extremely helpful in picking and choosing exactly what you want to update, port by port. And the forums, and the installation instructions are just downright wonderful.