Today Mastodon is taking another step towards its founding ideals: independence and non-profit ownership. We're transferring ownership of key assets to a new, European not-for-profit entity, ensuring our mission remains true to a decentralised social web, not corporate control. #MastodonNonProfit
https://blog.joinmastodon.org/2025/01/the-people-should-own-the-town-square/
@Mastodon
Please explain new Euro not-for-profit organization. Is this a trust that controls the mission?
"We will continue day-to-day operations through the Mastodon GmbH for-profit entity, which will become wholly owned by the new European not-for-profit entity. The Mastodon GmbH entity automatically became a for-profit as a result of its charitable status being stripped away in Germany. The existing US-based non-profit entity, the 501(c)(3), will continue to function as a fundraising hub."