From 8cfeb65925b763df019827cbe33fcf2cdb9c9356 Mon Sep 17 00:00:00 2001 From: Daira Hopwood Date: Sat, 15 Feb 2020 12:50:00 +0000 Subject: [PATCH] Obligations under 501(c)(3) are not only reporting requirements. This responds to one part of @tromer's point at https://forum.zcashcommunity.com/t/final-text-of-zip-1014/36002/3 Signed-off-by: Daira Hopwood --- zip-1014.rst | 4 ++-- 1 file changed, 2 insertions(+), 2 deletions(-) diff --git a/zip-1014.rst b/zip-1014.rst index 327a2d90..247ae429 100644 --- a/zip-1014.rst +++ b/zip-1014.rst @@ -203,8 +203,8 @@ The funds SHALL be received and administered by ZF. ZF MUST disburse them as 6. The Major Grant Review Committee's funding decisions will be final, requiring no approval from the ZF Board, but are subject to veto if the Foundation - judges them to violate U.S. law or the ZF's reporting requirements under U.S. - IRS 501(c)(3). + judges them to violate U.S. law or the ZF's reporting requirements and other + obligations under U.S. IRS 501(c)(3). 7. Major Grant Review Committee members SHALL have a one-year term and MAY sit for reelection. The Major Grant Review Committee is subject to the same