[CCWG-Accountability] Regarding Non-profit and public-benefit legal structure
Edward Morris
emorris at milk.toast.net
Thu Jan 8 05:38:16 UTC 2015
On Thu, Jan 8, 2015 at 5:07 AM, Carrie Devorah <carriedev at gmail.com> wrote:
They are not a corporation. ICANN is a non-profit that jumped from over
$72,000,000 in 2012 reported to almost $250,000,000 in 2013 reported.
Where are you getting this "corporate" notion from? Is ICANN planning to
shift from non-profit to profit?
HI Carrie,
Sorry to differ.
The Internet Corporation for Assigned Names and Numbers is a California
public benefits corporation, governed by §5110-§6910 of the California
Corporations Code. ICANN's articles of incorporation were filed on September
30, 1998 and it is California entity number C2121683.
Corporation, per se, is a term that can be applied to both for-profit and
not-for-profit entities. I'm unaware of any current plan to shift ICANN
status from non-profit to profit, although some have called for such a
change (see, for example:
http://thehill.com/blogs/congress-blog/technology/227726-icanns-number-is-up
).
On Wed, Jan 7, 2015 at 11:06 PM, Edward Morris <emorris at milk.toast.net>
wrote:
A few comments on some quite interesting posts:
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