# [OmniOS-discuss] Legal next steps

Michael Rasmussen mir at miras.org
Tue May 16 14:19:23 UTC 2017

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    On Tue, 16 May 2017 09:22:11 -0400
    Theo Schlossnagle <jesus at omniti.com> wrote:

    > What I would suggest is us setting up an corporation here in the US,
    > setting a purpose and a missions statement (that includes education and
    > science as we do those and they are eligible for non-profit status), elect
    > 5-7 board members (who will be legally responsible for the entity) come up
    > with a small operating budget (< $10k USD) and apply for non-profit
    > (501(3)c).  This process would take a few hundreds of dollars.
    >
    The letter stating FreeBSD foundation is free of federal income tax:
    https://www.freebsdfoundation.org/wp-content/uploads/2015/12/DeterminationLetter.pdf

    --
    Hilsen/Regards
    Michael Rasmussen

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