[NCUC-EC] bank account changes
William Drake
william.drake at uzh.ch
Wed May 6 11:43:49 CEST 2015
Hi
Thanks much Robin, so glad you know all this stuff!
My sense is that it’s simply too early to tell what the best way forward will be, there are way too many balls in the air. I suggest we see how the accountability and GNSO reviews play out first. These may set parameters, stuff we must do, period. Within those boundaries we can assess the relative merits of preserving the constituency structure vs trying again for an integrated SG and what we want to represent to the Board SIC, and any legal/admin stuff to be done will flow from the path chosen.
Best
Bill
> On May 5, 2015, at 9:09 PM, Robin Gross <robin at ipjustice.org> wrote:
>
> We would need to apply for "tax-deductable status" in order to receive donations that come with that benefit.
>
> I think that irrespective of whether constituencies are dissolved, we may want to keep NCUC alive, and even apply for tax-deductable status, so NCUC can continue to serve as resource base for our issues that is not tied to ICANN's control the way NCSG is.
>
> The legal filing with the IRS for 501(c)(3) tax-deductable public charity status is not insignificant and the application fee is either $400 or $850 depending on annual receipts. NCUC would need to file for an unincorporated association or a nonprofit corporation before applying for tax-exempt status. I can do the legal work on all of this for NCUC, but it would also be work for the chair, treasurer, and possibly others to do this work also. And it would take time because we would need to get NCUC's bylaws in order before we can do any of this. But I think we should do it. I think we will need NCUC to remain alive and independent in the "new world order".
>
> Robin
>
> On May 5, 2015, at 12:02 AM, William Drake wrote:
>
>> Hi Stefi
>>
>> PIR said they needed a taxpayer number to make their contribution. We went back and forth on this (new requirement, they and other donors never asked before) and they concluded they could do without this time but will need it from next year, so Milton filed. There are a bunch of interrelated questions about what this means that I can’t answer as I don’t know the US tax code, but MM and Robin know more and we’ll sort them out and report when able. IF we stick with the fragmented constituency/SG model then NCUC might have to become a legal entity (and maybe even have to report income and file a tax return?). If instead we could get structural change out of the new Board SIC then that’d take us down another path. All to be sorted after we see how the GNSO review and accountability discussions play out.
>>
>> Best
>>
>> Bill
>>
>>
>>> On May 5, 2015, at 6:32 AM, Milan, Stefania <Stefania.Milan at EUI.eu <mailto:Stefania.Milan at EUI.eu>> wrote:
>>>
>>> Hi Milton
>>> thanks for taking action and for notifying us.
>>> Would it not be possible for NCUC to arrange for the option of tax-deductible contributions?
>>> Now, this might be a silly question but I am not familiar with prior discussions on the topic, nor with the legal/admin implications of a move of this kind. In sum, send me to hell if needed.
>>> Cheers, Stefi
>>>
>>>
>>>
>>> ________________________________________
>>> Da: ncuc-ec-bounces at lists.ncuc.org <mailto:ncuc-ec-bounces at lists.ncuc.org> <ncuc-ec-bounces at lists.ncuc.org <mailto:ncuc-ec-bounces at lists.ncuc.org>> per conto di Milton L Mueller <mueller at syr.edu <mailto:mueller at syr.edu>>
>>> Inviato: lunedì 4 maggio 2015 19.46
>>> A: Exec. Comm
>>> Oggetto: [NCUC-EC] bank account changes
>>>
>>> I have applied for an EIN (U.S. government federal taxpayer ID number) in the name of NCUC
>>> It cost $149 or something like that.
>>> It does not mean people can make tax-deductible contributions to us, but PIR says we need it to continue receiving their contributions.
>>> It will also make it easier for me to move the NCUC bank account to a bank with direct international wire transfers. Which I plan to do.
>>> I will keep you updated on that.
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