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Mastodon

#Mastodon forms new 501(c)(3) non-profit entity with new board of directors in the United States to facilitate tax-deductible donations and in-kind support:

blog.joinmastodon.org/2024/04/

39 comments
Pratik Mhatre

@Mastodon Can funds from this non-profit be used for staff salaries?

Anna

@Mastodon is the picture by the link an official board member portrait

Petra van Cronenburg

@Mastodon please tell this more often: "Most people don’t realize the core developer team of Mastodon is still just two people, and it is these last donations that have allowed us to open a third full-time developer position."

#Mastodon #donations #developer

Carlos Fdez Llamas

@Mastodon Does this have any effect regarding access of US authorities to the data stored in mastodon.social?

Juho Mäntysalo

@Mastodon

Sad to hear if this pushes you to be more US-centric. Have loved that you've based from Germany, not just for people, but for législation as well.

Frozen Canuck

@Mastodon wow! Congrats! This is amazing news 🥳

Friedrich Delgado

@Mastodon First impression because of the picture was that you made the plushie Mastodon the boss of the new org. I guess many would approve ;)

Casio and Glitter

@Mastodon Would you consider renaming it to Tooter? 😁 And a post would be called a toot.

Derek Caelin 🌱

@Mastodon Astounding impact for so small a development team. Bravo!

🧃

@Mastodon being financially Americanized, beginning of the end for mastodon, hopefully not fediverse.

ChiefGyk3D

@Mastodon I’ll add it to my list of non profits I donate to

Joe

@Mastodon Please provide information on how to contribute, I couldn't find any in the article.

Silly Jim - webcomic

@Mastodon

I figured you were doing business in the US after your former post 2 weeks ago...

I just really really hope the ONLY non-american social platform in europe will not be influenced one-way-or-the-other by americans corporations.

Really.

See the power of US corporations (instead of EU products..) for europeans here in this 2 minute survey: lokjo.com/eu

Chris Who

@Mastodon Anything on new board members? I understand there are two devs, but do you have any new board members?

glyn

@Mastodon "Twitter, one of the world’s leading social media platforms" seemed untinged with irony.

John Mastodon

@Mastodon mark my words, which I would use with a quote:

IT'S A TRAP!

The Notorious GDB

@Mastodon

To everyone concerned about the new USA non-profit status for Mastodon:

Read about 501(c)3 before making further judgment. It is simply a tax status for non-profits where *financial information must be reported* to the IRS. If the idea was to make money, 501(c)3 would be a terrible way to go given the financial restrictions.

And, for what it's worth, Doctor's Without Borders and World Central Kitchen are *both* US 501(c)3 tax exempt non-profits.

en.m.wikipedia.org/wiki/501(c)

@Mastodon

To everyone concerned about the new USA non-profit status for Mastodon:

Read about 501(c)3 before making further judgment. It is simply a tax status for non-profits where *financial information must be reported* to the IRS. If the idea was to make money, 501(c)3 would be a terrible way to go given the financial restrictions.

Olivier Simard-Casanova

@Mastodon Congrats! Everything that makes Mastodon and the Fediverse stronger is a welcome advancement.

Jaz (IFTAS)

@Mastodon congratulations on the announcement! You've put together an incredible board, wishing you much success!

Tariq

@Mastodon oh boy!

" intellectual property matters .. digital assets* and quantum computing."

* crypto

Curious Magpie

@Mastodon This is a very good direction! Excellent news.

Joe McLaughlin

@Mastodon that's great, should really help with raising money, I hope that getting a positive IRS determination letter is quick.

Luna Lactea

@Mastodon Why is there a robocuck & cryptocuck on there? That can't only be bad for Mastodon.

Claudius

@Mastodon does that mean you'll be subject to FISA 702 orders now?
#Mastodon

Mastodon

We've noticed that a lot of you had some questions about this announcement, so we've collected the most important ones in a new FAQ section on the page above 👆

Chris Hayes

@Mastodon The FAQs helped me understand the situation way better, thank you! I almost want to make it a thread on Mastodon.

Draken BlackKnight

@Mastodon
This is why I was telling people not to panic over Biz Stone on the board.

BerlinFokus

@Mastodon

Welcome #Mastodon to being an American (nonprofit) #company then.

#FromTheFryingPanIntoTheFire

Or "Vom Regen in die Traufe" as we say in #Germany.

Really wish u the best of luck, but I'm kinda afraid that won't be enough.

.

foreignpolicy.com/2016/10/04/h

.

Michael Downey 🇺🇳

@Mastodon Have you received your tax-exempt determination from IRS? The blog post is written as if you have, but IRS online data doesn't yet show that. The corporation name listed in the blog post and IRS search also doesn't match the incorporated name on file with the State of New York...

#MastoAdmin

Hugo 雨果

@Mastodon Having the same foundation steward Mastodon itself AND host mastodon.social sounds like such a huge conflict of interests.

IMHO, mastodon.social should be maintained as a separate endeavour, much like any other instance out there.

Luc :bc: :bc: :bc: :bc: :bc:

@Mastodon Have you considered applying for a 'foreign ANBI'-status in The Netherlands? This offers tax advantages within Europe. The Wikimedia Foundation, for instance, also is an ANBI (Public Benefit Organisation).

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