<html><head><meta http-equiv="Content-Type" content="text/html; charset=utf-8"></head><body style="word-wrap: break-word; -webkit-nbsp-mode: space; line-break: after-white-space;" class="">I hold a similar perspective to Vint’s suggesting that it could be beneficial for ISOC to articulate the reasons behind its need to diversify its sources of funding<div class="">particularly in terms of public support and especially among Chapter leadership. </div><div class="">This would involve clarifying why there is a necessity to secure additional annual funds and specifying the required amount.</div><div class=""><br class=""></div><div class="">Desiree</div><div class="">--<br class=""><div><br class=""><blockquote type="cite" class=""><div class="">On 20 Sep 2023, at 13:52, vinton cerf via Chapter-delegates <<a href="mailto:chapter-delegates@elists.isoc.org" class="">chapter-delegates@elists.isoc.org</a>> wrote:</div><br class="Apple-interchange-newline"><div class=""><div dir="ltr" class=""><div class="gmail_default" style="font-size: large;">Olivier, et al,</div><div class="gmail_default" style="font-size: large;">to maintain 501(c)(3) status in the US (ie tax credit for donors to the organization), ISOC has to show broad support from the public. The significant income from PIR operations cannot be fully transferred to ISOC without overwhelming the requirement that 33 1/3 % of income to ISOC must come from "public" sources which can include private and corporate donors. If ISOC receives more than 2/3 of its operating income from PIR, it puts the public charity status of ISOC at risk. If not all of the net income of PIR can go to ISOC, it ends up in a fund accumulating at PIR which can be spent only on other 501(c)(3) entities but not on ISOC because of the public support statistics. There is another 10% threshold that can work temporarily (more details), but this is not a permanent solution. The only solution is to raise more public funding. I think ISOC might find it helpful to explain this in its web pages to dispel the misunderstanding that the .org/PIR income solves all problems for ISOC.</div></div></div></blockquote></div><div><blockquote type="cite" class=""><div class=""><div dir="ltr" class=""><div class="gmail_default" style="font-size: large;"><br class=""></div><div class="gmail_default" style="font-size: large;"><br class=""></div><div class="gmail_default" style="font-size: large;">Andrew, please correct me if I have misstated this. </div><div class="gmail_default" style="font-size: large;"><br class=""></div><div class="gmail_default" style="font-size: large;">v</div><div class="gmail_default" style="font-size: large;"><br class=""></div></div><br class=""><div class="gmail_quote"><div dir="ltr" class="gmail_attr">On Wed, Sep 20, 2023 at 5:50 AM Olivier MJ Crépin-Leblond via Chapter-delegates <<a href="mailto:chapter-delegates@elists.isoc.org" class="">chapter-delegates@elists.isoc.org</a>> wrote:<br class=""></div><blockquote class="gmail_quote" style="margin:0px 0px 0px 0.8ex;border-left:1px solid rgb(204,204,204);padding-left:1ex">
<div class="">
Dear Andrew,<br class="">
<br class="">
<br class="">
<div class="">On 15/09/2023 19:59, Andrew Sullivan
via Chapter-delegates wrote:<br class="">
</div>
<blockquote type="cite" class="">Our
income is not keeping up with our expenses and we have not been
able to attract the level of public support that we need to do,
and there isn't anything else left to cut, so we had to make a
difficult decision about where to retrench.</blockquote>
<br class="">
Thank you for your explanatory note. Always sad to see people go.
One thing that caught my eye was the above sentence which contains
some ambiguities. Would you please be so kind to flesh this out? I
just do not want to misinterpret the first part of the sentence
relating to income and public support.<br class="">
<br class="">
Kindest regards,<br class="">
<br class="">
Olivier Crépin-Leblond<br class="">
UK England Chapter<br class="">
</div>
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