Delaware for incorp. (no tax state)
On Sun, Oct 28, 2012 at 9:52 PM, Akiba <ch
...@freaklabs.org> wrote:
> I値l start off with some ideas I have on a KS for THS.
> We値l need to take care of admin stuff first. We値l need a legal entity in
> the US so we can get a bank account. KS needs this to transfer the funds to.
> We can set up a nonprofit corporation in the US quite easily. The 501C3
> takes time since that goes through the IRS, but in the meantime, we can
> quickly get nonprofit corporate status for a bank account, although we値l
> still have tax liabilities.
> After that, we値l need to raise money to move the space and for equipment. A
> big part of the KS will be to figure out what we want to do with the KS
> money. Some obvious choices will be for deposit to move THS and also for
> equipment. I think we should set the bar low since we also need to have
> rewards for contributions. Those rewards need to be good enough to entice
> people to contribute money which is generally not an easy task. Without
> that, getting contributions for free or for shwag type things would only get
> us a fraction of what we壇 probably be asking for. The best way to approach
> it would be to do a Kickstarter for a specific purpose, ie: we want to move
> so we want it to cover the deposit of a move. We need to figure out how much
> that is, tack on the Kickstarter fees, the amazon fees, the costs of the
> reward, the shipping fees, and also figure out potential tax liabilities.
> It痴 doable but will take a bit of planning. We should set the bar around
> something like that. Then we can have stretch goals where if we hit certain
> levels, we could use it for equipment or something. I知 currently helping
> out with a Kickstarter for Mothership Hackermoms and also we did two
> Kickstarters for Safecast so these observations are based on those
> experiences. Anyways. those are my initial ideas.
> Akiba
> FreakLabs Open Source Wireless
> Web: http://www.freaklabs.org
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