Gentoo Linux becomes an SPI associated project
As of this March, Gentoo Linux has become an Associated Project of Software in the Public Interest, see also the formal invitation by the Board of Directors of SPI. Software in the Public Interest (SPI) is a non-profit corporation founded to act as a fiscal sponsor for organizations that develop open source software and hardware. It provides services such as accepting donations, holding funds and assets, … SPI qualifies for 501(c)(3) (U.S. non-profit organization) status. This means that all donations made to SPI and its supported projects are tax deductible for donors in the United States. Read on for more details…
Gentoo Linux, as a collective of software developers, is pretty good at being a Linux distribution. However, becoming a US federal non-profit organization would increase the non-technical workload.
Linuxiac:
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Gentoo Linux Becomes an SPI Associated Project for Fiscal Efficiency
As of March 2024, Gentoo Linux has officially become an Associated Project of Software in the Public Interest, leveraging SPI’s status as a non-profit organization to develop further and distribute open-source software.
Software in the Public Interest (SPI) is a well-regarded non-profit corporation renowned for supporting open-source projects. By providing fiscal sponsorship, SPI assists organizations in managing donations, assets, and other financial operations, enabling them to focus more on their core missions.
BetaNews:
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Gentoo Linux partners with Software in the Public Interest (SPI)
Gentoo Linux has become an Associated Project of Software in the Public Interest (SPI), following a formal invitation by SPI’s Board of Directors. SPI is a non-profit corporation dedicated to supporting open source software and hardware projects by providing fiscal sponsorship services such as accepting donations, holding funds and assets, and more. Importantly, SPI holds a 501(c)(3) status in the U.S., meaning donations made to SPI and its supported projects are tax-deductible for U.S. donors.
Gentoo Linux excels as a Linux distribution but has faced challenges in maintaining its non-profit status in the U.S. The Gentoo Foundation, while a non-profit in New Mexico, is considered a for-profit entity at the federal level. Transitioning directly to a federally recognized non-profit would be complex and costly.
LWN:
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Gentoo GNU/Linux becomes an SPI Associated Project
The Gentoo Linux project has announced that it is now an Associated Project of Software in the Public Interest (SPI), which will allow it to accept tax deductible donations in the US and reduce its "
non-technical workload
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FOSS Force:
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Gentoo Linux Becomes a Software in the Public Interest Project Because…Bookkeeping and Taxes
As of March, Gentoo Linux has signed up and been accepted as a project of Software in the Public Interest. For Gentoo, this means the organization will eventually be able to do away with the Gentoo Foundation, which till now has been tasked with all of the nontechnical issues associated with running an organization, such as keeping the rent paid, the lights on, and the tax man happy.
For Gentoo users, this means their distro will be on a better economic footing, partly because they’ll be saving a lot because SPI will be doing a lot of the work that the Gentoo Foundation currently has to spend money to get done, and partly because they’re likely to see increased donations since donating to Gentoo is suddenly tax deductible, which its never been before.