[Owasp-leaders] OWASP charitable status (was: Re: OWASP Election)
jim.manico at owasp.org
Sun Oct 11 06:59:31 UTC 2015
Here you go.
501(c)6 donations can still be considered as a business expense, however.
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> On Oct 11, 2015, at 2:40 AM, Kevin W. Wall <kevin.w.wall at gmail.com> wrote:
> On Thu, Oct 8, 2015 at 2:36 PM, Jim Manico <jim.manico at owasp.org> wrote
>> Larry Conklin wrote:
>>> Hey Jim can you please list what we would loose (we don't really gain
>>> anything but we lose a lot.) if we moved to a 501(c)(6) organization?
>> OWASP would lose 25% of of it's active membership, including myself, if it
>> stopped being a charity. Also, anyone donating money to OWASP would lose the
>> ability to deduct those funds. Trade associations are mostly vendor run and
>> self funded. This is the exact opposite direction I think OWASP should be
>> going in, IMO.
> Apologies for joining this thread late; I'm way behind on personal emails.
> If it's true that "anyone donating money to OWASP would lose the
> ability to deduct those funds", then my speculation is that OWASP would
> loose a significant portion of its corporate sponsored funding. At least
> that seems the logical conclusion if Jim's statement is true.
> It seems that this is one part of the decision that hasn't been
> mentioned though.
> Blog: http://off-the-wall-security.blogspot.com/
> NSA: All your crypto bit are belong to us.
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