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.
Vincent
- 0 Posts
- 3 Comments
Joined 1 year ago
Cake day: September 14th, 2023
You are not logged in. If you use a Fediverse account that is able to follow users, you can follow this user.
Of note is that the Corporation CEO is paid from Corporation revenues, i.e. primarily the Google search deal. Firefox development very likely could not be supported by donations alone, and the Corporation can’t take donations for it.
Donations to the Foundation go to the Foundation’s advocacy work, and projects like Common Voice.
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…)