Since January, we’ve been working on switching all operations related to official WordCamp and Meetup organizing to the new subsidiary of the WordPress Foundation, which is a public benefit corporation called WordPress Community Support, PBC (WPCS).
One of the main advantages to the change from the WordPress Foundation (a non-profit) to the WPCS (a public benefit corporation) is that the rules around sponsoring official WordPress events are much simpler. The WordPress Community team has updated sponsor rules to eliminate the barriers to value-add details on promotional items, while keeping rules that helped us form a trustworthy, community-focused sponsor program.
This also means that, by and large, the WordPress Foundation is no longer the financial entity for WordCamps and Meetups. Donations to the WordPress Foundation will still be accepted, and will support the Foundation’s charter to educate the public about WordPress and related open source software.
One of the few disadvantages to this switch is that WordCamps and meetup/user groups are no longer eligible for non-profit discounts. While this does present a problem for some groups, we think that the benefits we can provide outweigh the loss of the discounts for non-profit status.
WordPress Foundation currently holds a blanket insurance policy that covers all WordCamps in the US and Canada. WordPress Community Support, PBC is being added to that policy as a subsidiary, and we’ll be able to issue certificates with WPCS as the insured party, just like we did with the Foundation last year. All events using the WordPress Foundation name and info on their contract in 2016 will be covered by the blanket policy.
Large portions of this are excerpted from the post here, by Andrea Middleton.