Their text:
Hello, Happy New Year! I am excited to share some fantastic news to start 2024: we reached our goal of raising $3,300,000 USD in grassroots donations from the Mozilla community before the end of 2023!
Here’s how the Mozilla community came together in the final six weeks of the year:
An incredible 34,667 of us made a donation to reclaim the internet since Giving Tuesday, including 14,972 who made their first-ever gift to Mozilla; More than 3,000 of us donated our voices to Mozilla Common Voice, recording more than 90,000 clips to make voice recognition systems more accessible; And 1,181 of us started a monthly gift to sustain Mozilla’s non-profit work. Because of this support from the Mozilla community, we’ll be able to do even more of what Mozilla does best: holding irresponsible tech companies accountable, advocating for your privacy, and investing in the people, ideas, and organisations who will help reclaim the internet.
Thanks for everything you do for the internet.
Ashley Boyd Senior Vice President, Global Advocacy Mozilla
Answer this: If the corp had 7M to spare, would it go to the same initiatives as the donations? And if not, why?
They wouldn’t. The Corporation is a separate entity, I believe for tax reasons, allowing them to hold more money. I don’t think that it’s allowed to use it as a loophole to avoid regulations that apply to foundations, while still using that money to fund Foundation projects.
Not true. Corp provides funding to foundation. Foundation owns and started Corp. Foundation uses Corp for development. That 7m could be improving product. Acting like Corp and Foundation are truly independent is a falsehood. Would you say the same about OpenAI?
Worth a read: https://en.m.wikipedia.org/wiki/Mozilla_Corporation
AFAIK the only way money flows from the Corporation to the Foundation is by the Co paying royalties to the Foundation for the use of the Firefox trademark. Obviously exactly how that number is determined is a little fuzzy, but I don’t think it (legally) can be just any number - it has to be justified somewhat. In any case, the Corporation is not short of money, so if the Foundation wanted more money to flow from it to the Foundation, a shortage of money due to CEO pay is not the reason.
(You are definitely right in the sense that Co money could be used to fund more Co projects. Those are not the same initiatives that would be funded by donations to the Foundation though, as money doesn’t flow from it to the Co. Think Common Voice, MozFest, lobbying, Privacy Not Included…)