[mythtv-users] Supporting schedulesdirect.org (Tom Greer)
ckotting at wideopenwest.com
Tue Aug 7 23:29:45 UTC 2007
Brian Wood wrote:
> On Tuesday 07 August 2007 15:09, Braindead wrote:
>> A non-profit organization doesn't mean people aren't going to profit, even
>> though technically they are receiving compensation for services. Many
>> people who run non-profit organizations make huge salaries, they aren't
>> profits technically.
>> I'm not suggesting that's the case here (I certainly hope it's not). But
>> just because an organization is "non profit" doesn't really mean much at
> "Non-profit" can mean a lot of things. Most people confuse "non-profit" with
> 403C (I think) which means that contributions to that entity are
> tax-deductible. You can also have a "non-profit" that does not meet those
> You also have to deal with various legal matters, like what happens to the
> corporations assets if it disolves, I believe there is some requirement that
> contributed funds go someplace in keeping with the intent of the
> contributors. All these things have to be worked out, and I suspect the Myth
> developers are getting an education in matters they never had to deal with
> previously, ultimately to the benefit of us all.
> None of which matters here. If I receive something of value to me I expect to
> pay for it in some way. To not do so is to be a leech, one of the lower forms
> of life on earth.
Did you mean 501(C)(3)?
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