Transferring to another non-profit

Michael Schultheiss schultmc at
Tue Sep 29 15:25:56 UTC 2009

MJ Ray wrote:
> As some of you know, I sometimes suggest SPI as the next step on a
> free and open source software project's growth from a group of
> developers to an independent, autonomous, sustainable existance.
> says "Your
> Liaison may decide that your project is quitting SPI at any time.  Any
> assets and money held by SPI for your project may be transferred to the
> 501(c)3 US non-profit of your choice, or simply held until expended." 
> Is that a legal constraint in the US for 501(c)3 organisations?


> What possibility there is for transferring assets to a non-US
> organisation if a project wants to end its link with SPI?

An attorney or CPA (Certified Public Accountant) would need to be

Michael Schultheiss
E-mail: schultmc at
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