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.
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.