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Cross-referenced to actions listed on Actions for BE 1.0 FTF Completion for Reston OMG

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  • with a skos:definition of "a not for profit organization that is a citizen-based group that functions independently of government"
  • with a fibo-fnd-utl-av:explanatoryNote of "NGOs are neither a part of a government nor a conventional for-profit business.  Usually set up by ordinary citizens, NGOs may be funded by governments, foundations, businesses, or private persons."
  • with a fibo-fnd-utl-av:explanatoryNote of "NGOs, sometimes called civil societies, are organized on community, national and international levels to serve specific social or political purposes, and are cooperative, rather than commercial, in nature."
  • with a fibo-fnd-utl-av:explanatoryNote of "Some NGOs avoid formal funding altogether and are run primarily by volunteers. NGOs are highly diverse groups of organizations engaged in a wide range of activities, and take different forms in different parts of the world. Some may have charitable status, while others may be registered for tax exemption based on recognition of social purposes. Others may be fronts for political, religious, or other interests."
  • with a restriction that constrains the organization's objective to be an rdfs:subClassOf fibo-be-le-lp:hasObjective some fibo-be-le-lp:PublicPurpose

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  • with a skos:definition of "a not for profit organization whose objective is specific to some fundamental set of beliefs and practices generally agreed upon by a number of people, and that is incorporated under the law"
  • with a fibo-fnd-utl-av:explanatoryNote of "Often religious corporations are recognized under the law on a sub-national level, for instance by a state or provincial government. The government agency responsible for regulating such corporations is usually the official holder of records, for instance a state department of corporations."
  • with a restriction that constrains the organization's objective to be an rdfs:subClassOf fibo-be-le-lp:hasObjective some fibo-be-le-lp:ReligiousObjective

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  • with a skos:definition of "a corporation whose objective is to make money, in other words, to ensure realization of a financial benefit such that the amount of revenue gained from a business activity exceeds the expenses, costs and taxes needed to sustain that activity"
  • with a restriction that constrains the organization's objective to be an rdfs:subClassOf fibo-be-le-lp:hasObjective some fibo-be-le-lp:ProfitObjective
  • with a constraint that ForProfitCorporation is disjoint with NotForProfitCorporation

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  • change name of class from PubliclyHeldCompany to PubliclyHeldCorporation
  • replace subClassOf with ProfitCorporationWithLimitedShareholderLiability
  • change label to "publicly held corporation"
  • add synonym "publicly held company"
  • add owl:disjointWith   PrivatelyHeldCorporation



RESOLUTION F - Make corrections to incorrect restrictions that depended on 'holds an interest in' property  (BE-113; FIBOBE-_21) (priority)  

Summary: Multiple restrictions that used the property holdsAnInterestIn were identified to be incorrect,  Many of the classes that these incorrect restrictions defined had nothing to do with ownership, but rather to control.  The property holdsAnInterestIn is a subproperty of owns and therefore implies holds an ownership interest in.  In other cases we can also remove the restriction containing holdsAnInterestIn when it is accompanied by a restriction that states there is some equity held, since equity already points back to the formal organization via the representsAnInterestIn relation.  These changes will result in corrections and simplification.

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  • change name of property holdsAnInterestIn to holdsAnOwnershipInterestIn
  • change label to: "holds an ownership interest in"
  • change definition to: "links a party to some organization it holds an ownership interest in"
  • remove the domain since this property inherits IndependentParty from owns as the default domain

 

  • Revise the definition of the holdsEquity property to remove the domain since this property inherits IndependentParty from owns as the default domain


 

  • For EntityOwner change restriction from:

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