Major Free State Project announcement: IRS admits the FSP is a charity

[Keith and stuff]

After years of the IRS refusing to follow the law by granting the Free State Project 501(c)(3) status as a charitable organization, the IRS has finally reversed its course. It took years of work but finally, it has happened.

I am delighted to announce the Free State Project has been granted 501(c)(3) status as a charitable organization, which retroactively affects all donations since July 20th, 2009. We will be contacting our past donors with more information, and encourage you to make a tax-exempt contribution to the FSP today.

http://freestateproject.org/blogs/newsletters/july-2014-newsletter

Feel free to make a "make a tax-exempt general donation here or become a Trigger the Move Patron ($1,000 one time donation or $100 over 10 months) here. Thank you for your much needed financial support."

 

[William Tell]

Wth would they want to be 501 (c)(3)?

 

[Keith and stuff]

Wth would they want to be 501 (c)(3)?

This was an ongoing debate for years. What it comes down to is rich people said they wouldn't donate to the FSP over and over and over again unless they got written it off. The FSP has been so slow to get new signers, that many projects inspired at least partly by it have started. Most failed. However, some are still in the development stages like Seasteading. Guess what, The Seasteading Institute is a nonprofit 501(c)(3).

It boils down to this. The FSP wants to finish getting the 20,000 signers so that the move to New Hampshire may be triggered. The longer it takes to trigger the move, the less likely the early signers are going to be alive, healthy, not in jail, able to make the move and so on. The move needs to be triggered but that takes money for ads (at events, Google, Facebook, radio, print...). This will bring in additional money to pay for more ads to reach the 20,000 signers make sooner... liberty