alt Hacker NewsIt matters more for non-profits, because your mission statement in your IRS filings is part of how the IRS evaluates if you should keep your non-profit status or not.
I'm on the board of directors for the Python Software Foundation and the board has to pay close attention to our official mission statement when we're making decisions about things the foundation should do.
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irishcoffee • today at 12:28 AM
Did you know the NFL was a non-profit for a long time? So long in fact, it exposed the farce of nonpros. Embarrassingly so.
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cyanydeez • today at 12:40 AM
Of course, that reading of the IRS's duty is going to quickly be a partisan witch hunt. PSF should be careful they dont catch strays with them turning down the grant.
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> your mission statement in your IRS filings is part of how the IRS evaluates if you should keep your non-profit status or not.
So has the IRS spotted the fact that "unconstrained by the need for financial return" got deleted? Will they? It certainly seems like they should revoke OpenAI's nonprofit status based on that.