Re: Closing the GNOME BitPay account

[Nuritzi Sanchez <nuritzis stanfordalumni org>]

Hi Andre, 

Thanks for sending that article! We may try to reach out to BitGive to see how it's going for them.

To clarify, we know that accepting bitcoin donations is possible as a 501(c)(3), but we're not sure it makes sense for the GNOME Foundation to do so. We've started to investigate and it seems like some organizations who initially accepted bitcoin donations decided to stop, because of complications, and some organizations who do it have more complicated steps for doing it rather than just having a BitPay account. We're trying to learn more about how others are doing it, why, and what the trade-offs / ramifications are. 

If any of you have been involved with this kind of research for other Foundations in the past, or if you are particularly interested in the topic and want to help research, let us know :) 

In the meantime, we will not be closing down our BitPay account and will continue to do more research so that we understand how the Foundation would be impacted by making it possible to donate bitcoins.

Best, 

Nuritzi

On Wed, Dec 14, 2016 at 3:39 PM, Andre Klapper <ak-47 gmx net> wrote:

On Wed, 2016-11-30 at 14:52 +0100, Tobias Mueller wrote:
> I bet it'd be interesting to other 501c3s like Mozilla <https://wik
> > i.mozilla.org/Ways_to_Give#Bitcoin>,
> > Tor <https://www.torproject.org/donate/donor-faq.html.en>, or the
> > handful pages 
> > of Google results for "501c3 anonymous donation bitcoin".

http://www.coindesk.com/bitgive-becomes-first-irs-tax-exempt-bitcoin-charity/
implies that orgs under 501(c)(3) status can accept bitcoins.

andre
--
Andre Klapper  |  ak-47 gmx net
http://blogs.gnome.org/aklapper/

_______________________________________________
engagement-list mailing list
engagement-list gnome org
https://mail.gnome.org/mailman/listinfo/engagement-list

--

.............................................................................

Nuritzi Sanchez  |  +1.650.218.7388 |  Endless