OLPC Assoication & Foundation IRS Form 990

   
   
   
   
   

In response to the OLPC News post that explained how OLPC Foundation is XO Donations and OLPC Association is XO Sales, Paul Wiseman from the Jeffery Group sent me this interesting email:

You're correct to state that OLPCF is the foundation side of the business that receives grants, donations and the like. OLPCA is the legal entity that sells and markets XOs. However, both OLPCF and OLPCA are nonprofits; the former is a 501(c)3 and the later a 501(c)4.

OLPCA doesn't make a profit in the typical sense. All monies earned go to cover direct overhead and operating costs associated with running the pro-social enterprise. It's good to clarify this in case your readers misinterpreted OLPCA to be a for-profit organization.

It seems that Paul is concerned that profit-making might be a bad thing for a nonprofit to do. On the contrary, nonprofits can make all the profits they want - the Red Cross makes billions every year - they just must spend their earnings on the social good, not stock holders.

Regardless, why don't you have a look at the OLPCF and OLPCA finances yourself. Here are their most recent 990's courtesy of Guidestar. What do you see?

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  • Oh, come on Michael. Do you really think anything that was said on OLPC News would have had much …

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  • Hi!

    I bought 2 "Tablets OLPC." I had to return because the two did not work. O …

    Comment on The XO Tablet - A First Impression in 750 Words

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  • Dear sir
    I have one question to sir?

    -1 why XO Tablet children play OK but when h …

    Comment on The XO Tablet - A First Impression in 750 Words

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  • Dear sir
    I have one question to sir?

    -1 why XO Tablet children play OK but when h …

    Comment on The XO Tablet - A First Impression in 750 Words

  • Warning: Use of undefined constant title - assumed 'title' (this will throw an Error in a future version of PHP) in /nfs/c03/h05/mnt/54379/domains/olpcnews.com/html/includes_c/sidebar.html on line 1473

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  • Dear sir
    I have one question to sir?

    -1 why XO Tablet children play OK but when h …

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  • Bonjour Mokifisi!
    Je suis bien d'accord avec vous. Je travaille depuis 4 ans dans un petit …

    Comment on The XO Tablet - A First Impression in 750 Words

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  • You just follow the same route upstream how you got the 2XO Tablets? How did you get them? Bring …

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  • └ quelle adresse envoyer mes deux XOTablet qui ne fonctionnent pas?

    At what address to s …

    Comment on The XO Tablet - A First Impression in 750 Words

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  • That's called "Death on arrivals". They happen. That's why there's always some additio …

    Comment on The XO Tablet - A First Impression in 750 Words

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  • What is a shelf XO? If you tell me what did you buy and from whom, perhaps I will have a suggest …

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  • Voici mon message en franšais...

    Bonjour,
    Je viens d'acheter 2 tablettes XO. Les d …

    Comment on The XO Tablet - A First Impression in 750 Words

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  • I just bought 2 shelves XO. Both tablets are not working. One does not start and the other touch …

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  • I just bought 2 shelves XO. Both tablets are not working. One does not start and the other touch …

    Comment on Goodbye One Laptop per Child

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  • I just bought 2 shelves XO. Both tablets are not working. One does not start and the other touch …

    Comment on Goodbye One Laptop per Child

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  • OLPC is not death; eg. this One Laptop per Child San Francisco (OLPC-SF) June 21, 2014 Meeting a …

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