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OpenWallet Foundation
The Linux Foundation (LF) is a non-profit organization established in 2000 to support Linux development and open-source software projects. Background The Linux Foundation started as Open Source Development Labs in 2000 to standardize and promote the open-source operating system kernel Linux. It merged with Free Standards Group in 2007. The foundation has since evolved to promote open-source projects beyond the Linux OS as a "foundation of foundations" that hosts a variety of projects spanning topics such as cloud, networking, blockchain, and hardware. The foundation also hosts annual educational events among the Linux community, including the Linux Kernel Developers Summit and the Open Source Summit. Projects , the total economic value of the development costs of Linux Foundation Collaborative Projects was estimated at $5 billion. Community stewardship For the Linux kernel community, the Linux Foundation hosts its IT infrastructure and organizes conferences such as ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
501(c)(6)
A 501(c) organization is a nonprofit organization in the federal law of the United States according to Internal Revenue Code (26 U.S.C. ยง 501(c)). Such organizations are exempt from some federal income taxes. Sections 503 through 505 set out the requirements for obtaining such exemptions. Many states refer to Section 501(c) for definitions of organizations exempt from state taxation as well. 501(c) organizations can receive unlimited contributions from individuals, corporations, and unions. For example, a nonprofit organization may be tax-exempt under section 501(c)(3) if its primary activities are charitable, religious, educational, scientific, literary, testing for public safety, fostering amateur sports competition, or preventing cruelty to children or animals. Types According to the IRS Publication 557, in the ''Organization Reference Chart'' section, the following is an exact list of 501(c) organization types (29 in total) and their corresponding descriptions. Gener ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
