The Mifos Initiative (formerly known as the Community for Open Source Microfinance) is a U.S. tax exempt organization under Section 501(c)3 of the Internal Revenue Code. Our EIN is 45-3613178, and our Effective Date of Exemption is October 12, 2011.  

Financial Information

Upon transitioning out of the Grameen Foundation in 2011, The Community for Open Source Microfinance (COSM) was incorporated as a Washington State non-profit corporation on October 12, 2011 to lead the community.  The original Mifos codebase and intellectual property were transitioned to the Software Freedom Conservancy, serving as fiscal sponsor until COSM became a 501(c)3.

We applied for our 501(c)3 designation with the US Internal Revenue Service in March 2012 and received our positive determination in July 2013. Upon successful designation, COSM assumed control over the Mifos trademarks and intellectual property and renamed The Community for Open Source Microfinance to the Mifos Initiative.

Software Licensing

Mifos X is licensed under the Mozilla Public License, v2.0. Our legacy codebase is is governed by the Apache 2.0 License. Please read the following to learn how to correctly adhere to the terms of the license.