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On 01/07/19 10:52, Michał Górny wrote: |
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> On Mon, 2019-07-01 at 10:31 +0100, Roy Bamford wrote: |
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>> On 2019.07.01 08:50, Michał Górny wrote: |
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>>> On Sun, 2019-06-30 at 17:55 -0400, Aaron Bauman wrote: |
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>>>> On Sun, Jun 30, 2019 at 05:54:35PM -0400, Aaron Bauman wrote: |
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>>>>> On Sat, Jun 29, 2019 at 01:49:58AM +0200, Andreas K. Huettel |
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>>> wrote: |
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>>>>>>> Isn't it about time we quit pinning the mistakes of the past |
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>>> on the |
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>>>>>>> officers of the present? |
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>>>>>> Well, yes. Though, we tried something in the past, it didnt |
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>>> work, we should do |
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>>>>>> it different in the future. |
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>>>>>> |
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>>>>>>> From what I understand, the present and recent |
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>>>>>>> officers have made extraordinary efforts to rectify the |
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>>> shortcomings of |
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>>>>>>> previous trustees |
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>>>>>> And that's great. |
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>>>>>> |
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>>>>>> But are you sure that we should require continuous |
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>>> "extraordinary efforts" |
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>>>>>> from trustees in the future, just to keep things running? |
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>>>>>> |
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>>>>>> FWIW, I endorse antarus / Alec for trustee. :) |
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>>>> No, once fixed, the books will likely be continued to be done by a |
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>>> full time CPA. |
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>>> |
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>>> Wouldn't a dedicated 'full time CPA' be more expensive than an |
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>>> umbrella |
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>>> that has a financial team for multiple projects? |
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>>> |
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>>> -- |
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>>> Best regards, |
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>>> Michał Górny |
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>>> |
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>>> |
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>> Ah, the nuances of the English language used between two non |
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>> native spears. |
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>> |
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>> A 'full time CPA' means that the person does that sort of work full |
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>> time. It does not mean that he or she works full time for any one |
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>> client. |
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>> |
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> Yes, I understand that. However, I still believe that a contract |
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> initiated between CPA and a single small-ish entity such a Gentoo |
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> involves more costs than fees taken by umbrella dedicated to multiple |
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> entities. Please correct me if I'm wrong. |
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> |
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> While I can agree that we need to pay more at the moment due to past |
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> issues, I also believe that we owe it to our donors that we try not to |
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> spend most of their money on unnecessary bureaucracy (read: keeping |
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> a dedicated Foundation if there's an alternative that works for Gentoo). |
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> |
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Has anyone got any ball-park figures for the costs of being part of an |
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umbrella organisation? |
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And how would this compare to the forecasted costs ongoing for Gentoo |
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Foundation Inc. or a future non-profit? |
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What would the tax implications of an umbrella org look like, vs Gentoo |
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keeping these in-house? |