On 7/19/19 07:57, Jim MacKenzie wrote:
My only concern is that only American non-profit organizations qualify under 501(c)(3). Non-profit organizations for amateur radio in other countries will be registered with respect to the laws of their own countries.
We hope to broaden this as soon as possible, and to only temporarily limit grants to US 501(c)(3) nonprofit corporations. Eventually we hope to make grants to *any* individual or organization in furtherance of the foundation's charter, i.e, to advance amateur digital radio and related technologies -- anywhere in the world.
The IRS rules on nonprofits are there to ensure transparency and avoid self-dealing. They're complex and we will have to navigate them very carefully with advice from lawyers, accountants and auditors who specialize in nonprofits.
This will not be the Trump Foundation.
73 Phil