[Chapter-delegates] ISOC's regional engagement

[Veni Markovski]

Vint,
I believe you are right (not sure about the requirement, but take your 
word on that).

Many years ago, when I was on the ISOC Board of Trustees, there was a 
plan proposed by some of us how ISOC could actually get such public 
support, so that it will avoid the risk you explain.
Our proposal was not implemented, and it seems not much has been done 
since, if the lack of public support has resulted in letting so many 
people go.

Btw, for those interested, here are two links with data about the finances:
ISOC 990 form: 
https://www.internetsociety.org/wp-content/uploads/2022/11/INTERNET-SOCIETY_CLIENT-990PD_2021.pdf 

PIR 990 form: 
https://thenew.org/app/uploads/2022/11/PUBLIC-INTEREST-REGISTRY_TAX-RETURN_CLIENT-COPY-PD-990-PUBLIC-INSPECTION_2021.pdf

v/
Internet Society - Bulgaria
Chairman of the Board
www.isoc.bg

On 9/20/23 07:52, vinton cerf via Chapter-delegates wrote:
> 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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>
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-- 

Best regards,
Veni
https://www.veni.com
pgp:5BA1366Eveni at veni.com

The opinions expressed above are those of the
author, not of any organizations, associated
with or related to him in any given way.
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