Comment on Fairphone 6 and PostmarketOS working main cameraparentComments−hvb225dHe didn't create an LLC he's a 'stichting' which is basically a non profit with a specific goal to achieve.He doesn't want to create an LLC because he doesn't want anyone to question his motives.Also this is the Netherlands not Germany :)−Aachen24dA stichting isn't nonprofit without ANBI status. They can do whatever they want with the money afaik (technically: anything in accordance with the bylaws, but they wrote the bylaws)
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He didn't create an LLC he's a 'stichting' which is basically a non profit with a specific goal to achieve.
He doesn't want to create an LLC because he doesn't want anyone to question his motives.
Also this is the Netherlands not Germany :)
A stichting isn't nonprofit without ANBI status. They can do whatever they want with the money afaik (technically: anything in accordance with the bylaws, but they wrote the bylaws)