We do take donations, but cost and overhead for a nonprofit are considerable.
The quotes I’ve received for incorporating and setting up a nonprofit structure from lawyers who do this (i.e., not me) are in the ballpark of our yearly budget, and the bulk of the advice seems to be that it doesn’t make sense unless you’re big enough to have paid staff or are looking for grants.
We previously had a fiscal host, so donations were tax-exempt, but it folded. We’ll likely try to find a new one.
If you have contrary nonprofit experience, I’d love to hear about it; it may just be that our referral network is too high end or something!
Phil
npub1pg…4kspr
2024-07-31 04:27:21 UTC
in reply to nevent1q…2ztt
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npub1pgmft7gh4fcd2fjd2aj2gpx7pukhe3ls9n3dhk8q2qhn3afvkufs84ksprSeen on
wss://relay.momostr.pinkPublished at
2024-07-31 04:27:21 UTCEvent JSON
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