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Mastodon announces new European non-profit, change of CEO
(blog.joinmastodon.org)
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this post was submitted on 13 Jan 2025
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Wait, is the money transferred to the US then back to the EU? And will the US-based non-profit still continue to exist or will it be replaced by a truly European one?
The 501(c)(3) is a fundraising entity, and will continue to exist. There will be a new independent European non-profit that will "own" (for the want of a better word) the other entities. Legal structures and things are not my forte (IANAL), that's my understanding of what is happening in so far as I'm involved in the discussions and what I'm able to tell you.