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Rescind IRS regulations that prohibit non-profit software foundations

Created by R.L. on July 02, 2014

The recent decision to overturn The Yorba Foundation's 501(c)3 status will have chilling repercussions on innovation in the technology industry, harming the national economy.

It is common for developers to come together in non-profit organizations to create opensource software that can be used freely by the general public, including both other non-profits as well as for profit organizations. Such work is supported by donations or small fees. That opensource software lies at the foundation of the internet, web, and virtually every consumer device and social network technology.

By outlawing non-profit open-source software, the IRS is effectively putting the brakes on the open innovation that has driven Silicon Valley and the US economy for the last two decade

Innovation: Arts & Technology
Government & Regulatory Reform
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