Hi guys, I've been thinking about why do many ICOs actually create a non-profit foundations? For instance Ethereum has the Ethereum foundation in Switzerland; according to their webpage the purpose is to "promote and support Ethereum platform and base layer research, development and education..." But this is not really specific and it doesn't seem very transparent to me.

In some other projects I have seen that they use the non-profit foundation for:
- being the open / inclusive / community driven organization
- developing and holding the IP
- being the parent organization to for-profit companies

My initial questions are:
- how does the decision-making process happen in such foundations (how is it more democratic than in for-profit companies)
- how does the non-profit foundation transfer the developed IP to a for-profit company (for free? with what kind of license?)
- who holds the assets raised at the ICO: non-profit foundation or for-profit company?

Does anyone has any experience in this field or "insider" knowledge?

I would love to hear your opinion on this and get new information!