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by FateOfNations 611 days ago
It seems like they used "non-profit" in that sentence to mean:

"an undertaking being conducted for a purpose other than making a profit"

…rather than…

"an organization that has been recognized by the Internal Revenue Service as being organized and operated exclusively for exempt purposes as set forth in section 501(c)(3) of the Internal Revenue Code."

1 comments

You would think an attorney of all people would be more careful with their words, especially with terms like "non-profit".
Sorry that even attorneys can have typos.
That’s a pretty meaningful mistake, given that the nature of the non-profit entanglement is fundamental to several claims. It seems like you were as confused as the community was, which sure doesn’t help any of Matt’s claims about everything being “open” and “transparent” all along.

Well, I guess this thread answers the question of “how can Matt’s lawyer possibly be encouraging this?”

Penny-wise and pound foolish.

Its been almost a week, what correction would you like to make to this? You've been dodging and the community deserves honest answers.
Which word was meant to be used instead of non-profit here?