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by NoboruWataya 857 days ago
But the Corporation is wholly owned by the Foundation, isn't it? In that context, I don't see how it makes sense to see them as completely separate. The Corporation is answerable to the Foundation, the Corporation's profits go to the Foundation and I imagine it is similarly possible for the Foundation to fund the Corporation (unless its charter prohibits it or something).
2 comments

Corporation profits don't go to the Foundation. That's not allowed. The Foundation owns the Corporation and you are correct that MoCo ultimately answers to MoFo which is their full owner, but tax law doesn't let a non-profit create a for profit to generate funnel commercial activity cash back to the non-profit as that defeats the purpose of having non-profits and giving them tax exemptions, so the Mozilla Foundation gets its money from fundraising while the Mozilla Corporation gets its money from commercial agreements. Those pools of money are almost entirely separate. Your overall point stands. MoCo ultimately answers to MoFo in the big picture.
Yes, claiming they're separate is like saying Walmart and Walmart.com are separate. Except in that case, Walmart only owns 88% of the .com... so thats actually more independent than the Mozilla Corp.