[Chapter-delegates] ISOC's regional engagement

[vinton cerf]

Olivier, et al,
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.


Andrew, please correct me if I have misstated this.

v


On Wed, Sep 20, 2023 at 5:50 AM Olivier MJ Crépin-Leblond via
Chapter-delegates <chapter-delegates at elists.isoc.org> wrote:

> Dear Andrew,
>
>
> On 15/09/2023 19:59, Andrew Sullivan via Chapter-delegates wrote:
>
> 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.
>
>
> 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.
>
> Kindest regards,
>
> Olivier Crépin-Leblond
> UK England Chapter
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