Gentoo Archives: gentoo-nfp

From: "William L. Thomson Jr." <wlt@××××××××××××××××.com>
To: gentoo-nfp@l.g.o
Subject: Re: [gentoo-nfp] Tax return and accounting discrepancies
Date: Thu, 24 Mar 2011 04:10:19
Message-Id: 1300939801.26094.15.camel@wlt
In Reply to: Re: [gentoo-nfp] Tax return and accounting discrepancies by Mike Frysinger
1 On Thu, 2011-03-24 at 00:01 -0400, Mike Frysinger wrote:
2 >
3 > sorry, i didnt mean bylaws, but rather the charter, or whatever
4 > document that describes the non-profit. it used to say we needed 7
5 > trustees, but it has since been changed to 5.
6
7 No worries, but again a legally entity does not require a
8 board/trustees, but officers. If the charter did not make provisions for
9 officers, then that could be the source of the problem :)
10
11 I think you might mean the articles of incorporation vs charter? The
12 articles seem to state a requirement of 3. But then says it shall be
13 fixed by the ByLaws, which never existed till 2008. Or at least approved
14 ByLaws ;)
15
16 "The number of trustees of the Corporation shall be not less than three
17 or more than twenty-one. The initial Board of Trustees shall consist of
18 thirteen persons. Thereafter, the Board of Trustees shall consist of
19 such number of persons, not Less than three, as shall be fixed by the
20 Bylaws. The initial Trustees who shall hold office until their
21 successors shall take office, are as follows:"
22 http://www.gentoo.org/foundation/en/articles.xml#doc_chap9
23
24 --
25 William L. Thomson Jr.
26 Obsidian-Studios, Inc.
27 http://www.obsidian-studios.com

Replies

Subject Author
Re: [gentoo-nfp] Tax return and accounting discrepancies Mike Frysinger <vapier@g.o>