B Corporation is a non-government certification. Just means you are one of the "good guys", but could imply how they wish to be perceived. Alan From: Justine Chew <justine.chew@gmail.com> Sent: November 13, 2019 10:04:24 PM EST To: Alan Greenberg <alan.greenberg@mcgill.ca> Cc: Maureen Hilyard <maureen.hilyard@gmail.com>, CPWG <cpwg@icann.org> Subject: Re: [CPWG] [registration-issues-wg] Fwd: ISOC sells PIR If they did want to, they would have to incorporate as such; I understand B Corporation status does not afford tax benefits enjoyed by non-profits with IRS 501(c) classification. Justine ----- On Thu, 14 Nov 2019 at 11:00, Alan Greenberg <alan.greenberg@mcgill.ca<mailto:alan.greenberg@mcgill.ca> > wrote: I agree that they are not likely to operate as a non-profit, but I presume they could if they really wanted to. Note also the reference to B Corporation status ( https://bcorporation.net/) Alan At 13/11/2019 09:32 PM, Justine Chew wrote: It is an outright sale of an asset, the proceeds of which go toward "an endowment fund" for ISOC projects/activities. No revenue sharing is involved. The announcement indicated that all projects and operations will continue as is under new ownership. With its policy on public/community benefit presumably driven and overseen by Ethos Capital's Stewardship Council - I wonder who they will put on this Council. PIR under Ethos Capital will lose its non-for-profit status, so there might be financial implication not to ISOC but possibly PIR's existing .org customers/registrants. We shall see. Justine ----- On Thu, 14 Nov 2019 at 10:21, Maureen Hilyard < maureen.hilyard@gmail.com<mailto:maureen.hilyard@gmail.com>> wrote: As Eduardo said there are lots of unknowns at present. Who knows? On Wed, 13 Nov 2019, 3:02 PM Alan Greenberg, <alan.greenberg@mcgill.ca<mailto:alan.greenberg@mcgill.ca> > wrote: Why will it have major implications on ISOC Chapters? Alan At 13/11/2019 02:52 PM, Maureen Hilyard wrote: I know for sure that this was not even hinted at during the last PIR Advisory Council meeting.. but it will have major implications for the ISOC chapters. What are they/ISOC thinking? Maureen On Wed, Nov 13, 2019 at 7:59 AM Marita Moll <mmoll@ca.inter.net<mailto:mmoll@ca.inter.net>> wrote: Had we known this was lurking in the background -- which it most certainly was at the time -- it might have been a different discussion. How much did ISOC know and when did they know it -- a question ISOC chapters might want to ask. Marita -------- Forwarded Message -------- Subject: ISOC sells PIR Date: Wed, 13 Nov 2019 17:38:29 +0000 From: Stephanie Perrin <stephanie.perrin@MAIL.UTORONTO.CA><mailto:stephanie.perrin@MAIL.UTORONTO.CA> Reply-To: Stephanie Perrin <stephanie.perrin@MAIL.UTORONTO.CA><mailto:stephanie.perrin@MAIL.UTORONTO.CA> To: NCSG-DISCUSS@LISTSERV.SYR.EDU<mailto:NCSG-DISCUSS@LISTSERV.SYR.EDU> I must say, this casts the decision to drop price caps for .org in a slightly different light. I will keep you posted as I learn more. https://www.businesswire.com/news/home/20191113005661/en/Ethos-Capital-Acqui... Stephanie Perrin NCSG Chair _______________________________________________ CPWG mailing list CPWG@icann.org<mailto:CPWG@icann.org> https://mm.icann.org/mailman/listinfo/cpwg _______________________________________________ By submitting your personal data, you consent to the processing of your personal data for purposes of subscribing to this mailing list accordance with the ICANN Privacy Policy ( <https://www.icann.org/privacy/policy> https://www.icann.org/privacy/policy) and the website Terms of Service ( <https://www.icann.org/privacy/tos> https://www.icann.org/privacy/tos). 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