Taxes and the Foundation

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David Recordon

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May 3, 2011, 3:37:59 AM5/3/11
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A few days ago Eran reminded me that we haven't filed our foundation
taxes yet and need to do so. We're also remiss on holding board
elections. Thus two questions:
1) Anyone particularly want to do the work of filing our taxes?
2) Is it worth keeping the actual organization around? So far we've
taken zero dollars and haven't really made use of the fact that we
have a legal entity. Is it worth keeping?

--David

David Rudin

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May 5, 2011, 2:17:27 PM5/5/11
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I'm probably not in a great position to help with the taxes, but I think it's definitely worthwhile to think about the future of the organization.  Based on our track record, I don't think we really need an incorporated entity.  Since we haven't taken money, rely on volunteers, use free infrastructure, and don't (currently, at least) plan on seeking money in the future, we should think about winding the incorporated entity down and replacing it with a more ad hoc group structure.
 
David

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DeWitt Clinton

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May 5, 2011, 2:18:48 PM5/5/11
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+1

Gabe Wachob

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May 5, 2011, 4:41:54 PM5/5/11
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+1

Sent from my iPhone

Lawrence Rosen

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May 5, 2011, 6:02:08 PM5/5/11
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I agree with David Rudin. Let's please make sure that the "ad hoc group" we create actually does things.

 

/Larry

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