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Do you really have to ask the question why we should be tax-exempt? |
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|
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On September 6, 2018 11:52:55 AM EDT, Alec Warner <antarus@g.o> wrote: |
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>On Thu, Sep 6, 2018 at 9:36 AM Andrew Savchenko <bircoph@g.o> |
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>wrote: |
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> |
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>> Hi! |
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>> |
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>> On Thu, 6 Sep 2018 08:47:05 -0400 Alec Warner wrote: |
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>> > Dear Gentoo Community, |
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>> > |
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>> > I have recently become the President of the Gentoo Foundation Inc. |
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>The |
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>> > Foundation's documents[0] provide fairly terse guidance on how the |
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>> > Foundation is to be operated. The Foundation currently provides |
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>funding |
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>> for |
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>> > Gentoo Infrastructure, and very little else. Part of my job as |
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>President |
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>> is |
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>> > to determine what additional activities the Foundation can pursue |
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>(if |
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>> any); |
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>> > and to determine how the Foundation can improve Gentoo by investing |
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>in |
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>> > infrastructure, while still meeting the spirit of the other |
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>restrictions |
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>> on |
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>> > Foundation activities[1]. So community, how do you think the |
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>Foundation |
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>> can |
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>> > assist the development of Gentoo? |
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>> > |
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>> > Some ideas might be: |
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>> > - Host a Gentoo Conference. |
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>> > - Host a bug-bounty program. |
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>> > - Fund talks about Gentoo development activities at industry |
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>> conferences. |
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>> > - Invest significantly in Infrastructure spending to fund |
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>ambitious |
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>> > projects. |
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>> |
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>> First and foremost the Foundation should focus on its primary |
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>> goal: funding, its financial accounting and becoming non for profit |
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>> organization. |
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>> |
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> |
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>> Current state of the Foundation's bookkeeping is concerning: we have |
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>> not seen final annual financial report for years. Good news that |
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>> finally preliminary reports are published (thanks robbat2!), but |
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>> they are not final and there is still a lot of work to do. |
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>> |
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>> Tax status is unclear (it was discussed earlier that the Foundation |
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>> may have to pay quite sufficient tax as a penalty for lousy |
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>> accounting). |
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>> |
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>> And the Foundation still lacks non for profit official status. |
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>> |
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>> Lack of human resources is a long-standing problem for the |
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>> Foundation and embracing more goals while failing with the critical |
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>> ones is an unwise idea. |
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>> |
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> |
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> |
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>First off, I 100% agree we should do the financial accounting. Consider |
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>it |
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>my first priority. |
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> |
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>Regarding the funding; the main thrust of this thread is basically |
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>deciding |
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>how much funding is enough; We have a bunch of money. Its expected that |
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>post-finance cleanup we will still have money leftover; and we don't |
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>spend |
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>very much money today. So given that, what could we spend money on? How |
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>could the foundation put its funds to good use in its mission? That is |
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>the |
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>question I'm trying to get input on; I think the answer in many ways |
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>impacts what kind of financial plan we have for the Foundation in 2019 |
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>/ |
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>2020. |
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> |
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>The foundation is already a not-for-profit organization. Did you |
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>perhaps |
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>mean a *tax-exempt* not for profit, and if so, why do you think we |
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>should |
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>be a tax-exempt nonprofit? |
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> |
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>-A |
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> |
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> |
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>> |
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>> Best regards, |
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>> Andrew Savchenko |
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>> Best regards, |
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>> Andrew Savchenko |
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>> |
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|
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-- |
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Sent from my Android device with K-9 Mail. Please excuse my brevity. |