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List Archive: gentoo-nfp
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To: gentoo-nfp@g.o
From: Corey Shields <cshields@...>
Subject: Re: CDs and t-shirts
Date: Mon, 26 Apr 2004 08:57:35 -0500
Wow.  Okay, I get the feeling that I am treading in places where I am not 
welcome, but my question remains unanswered.   Instead of paraphrasing 
anything, I will use direct quotes from now on.  When I said "Daniel's debt", 
that was representative of debt, living expenses, you name it.  I'm sorry, I 
won't make that mistake again.

"the Store would be used to support me and my family in our ability to
cover _basic living expenses_, and *potentially* help pay off *some* (notice
I did use the word *some* in my original email) accumulated debt. That is
probably more wishful thinking than anything. That's why I used the word
"potentially." People seem to have focused on the fact that I mentioned the
word "debt" and ignored the main thing I said."

This is fine, I am glad to see you doing this.  Aside from the fact that 
running the store is tedious and gets old, you should continue to run it for 
the very reasons you mentioned.  I would go so far as to suggest some kind of 
pay-pal-athon to help diminish the $20,000 quickly, else with the store 
proceeds you'll be paying mostly interest..  I thought I was on your side 
with this issue, but appearantly I hit a button or something.

The question remains:  Will you be taking the paypal donations with you as was 
agreed upon with the store, "to support me and my family in our ability to 
cover _basic living expenses_, and *potentially* help pay off *some* (notice 
I did use the word *some* in my original email) accumulated debt."  or will 
the paypal donations feed the Gentoo project through the new NFP?

If I am digging too deep with these questions, then I'll stop and unsubscribe 
from the list.  I like to think that my concerns for Gentoo and the NFP are 
more than the average user, but I'm quickly getting the feeling that I need 
to butt out and go back to playing the end user.  On the other hand, I hate 
to think that I am the only person with these questions on my mind.

-Corey

On Monday 26 April 2004 01:49 am, Daniel Robbins wrote:
> Corey wrote:
> > What about paypal donations in regards to the NFP transition?
> > The proceeds from the store will go towards Daniel's debt, and that
> > has been agreed upon.
>
> This is not an accurate summary of what I said. What I said is, and I
> quote:
>
> "OK. The purpose of this is to allow me to continue to support my family by
> doing things like pay for a house, pay for food, and potentially pay off
> some of the $20,000 in debt I accumulated during my tenure as Chief
> Architect of Gentoo, etc."
>
> So, to make try to make this impossible to misunderstand -- what I said is
> that the Store would be used to support me and my family in our ability to
> cover _basic living expenses_, and *potentially* help pay off *some*
> (notice I did use the word *some* in my original email) accumulated debt.
> That is probably more wishful thinking than anything. That's why I used the
> word "potentially." People seem to have focused on the fact that I
> mentioned the word "debt" and ignored the main thing I said.
>
> The main reason for continuing to run the store is to ensure that my family
> has its basic living expenses covered. This NFP transition involves some
> financial risk on my part. I need to make sure my family doesn't get hurt
> in the transition. This could happen if the funding I am currently
> receiving to work on Gentoo full-time disappears. This would be very hard
> for my family, since as I've pointed out, I have $20K in debt. We have no
> savings, investments or retirement at all. I have no money to pull from if
> I lose funding. If I were just a single guy then I could justify making
> some risky decisions, but I have a wife and two small children and they
> shouldn't have to suffer due to any risky decisions I make. Making a smooth
> transition that works for the NFP and my family involves some careful
> planning on my part.
>
> > Will the donations go into an account that gets controlled by the NFP?
>
> Another thing I explained in prior emails is that the Store would continue
> to cover the costs associated with setting up the 501(c)(6), and the legal
> fees by the time this is completed would probably be around $7-$10K (also
> including misc. legal stuff and continuing costs associated with federal
> trademark apps, logo usage agreements etc..) I'd hope that donations could
> go towards paying these tabs before we look at re-routing this money to set
> up an operating budget for the NFP. It really isn't enough for any kind of
> real budget anyway.
>
> I think I'm going to avoid answering financial questions because the stuff
> I have already said gets misinterpreted and distorted. I don't want to
> continue to participate in what seems to be an unavoidable downward spiral
> of confusion. It doesn't seem to be helping anyone. I really do try to be
> clear in my emails, but that doesn't seem to be enough.
>
> To be honest, after having to put my financial situation in writing, it
> seems rather stupid for me to be making any kind of personal commitment to
> keep the store running and get the money to cover $7-$10K of Gentoo legal
> fees. It would probably be best if I get a job as soon as possible and bail
> out of Gentoo after the NFP is set up next week, and leave the NFP to
> continue running the store and arrange its own funding for the 501(c)(6)
> application process. But that would be really high-stress for everyone and
> is what I am trying to avoid.
>
> Daniel
>
>
> --
> gentoo-nfp@g.o mailing list

-- 
Corey Shields - IU Unix Systems Support Group
http://ussg.iu.edu/~cshields

My PGP/GPG public encryption key is at:
http://www.ussg.iu.edu/~cshields/cshields_pub_key.asc
GPG fingerprint: 78A8 E5EB E455 0A90 F392 59BC A6AF F8A3 A304 1453

--
gentoo-nfp@g.o mailing list

Replies:
Re: CDs and t-shirts
-- Sven Vermeulen
RE: CDs and t-shirts
-- Daniel Robbins
References:
CDs and t-shirts
-- Daniel Robbins
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