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Sent from my phone. Please excuse my brevity. |
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On Sat, 14 Jul 2018, 19:33 Rich Freeman, <rich0@g.o> wrote: |
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> On Sat, Jul 14, 2018 at 6:02 AM Roy Bamford <neddyseagoon@g.o> |
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> wrote: |
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> > |
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> > Whatever the board decide to do they have fudicary duty to get value |
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> > for money for the activities that they fund. |
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> > That implies that if a fix costs $x, that's what it costs, regardless of |
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> the |
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> > long term outlook for the Foundation. |
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> > The fudicary duty also implies optimising (not maximising) any remaining |
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> > funds to pass on to the Foundations successor. |
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> > |
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> |
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> ++ in general. |
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> |
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> When it comes to following the law, you try to optimize what you spend |
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> while still following the law. You can always cut corners and spend |
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> less, but that simply isn't acceptable. |
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> |
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> You can never compare the costs of a non-compliant process with a |
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> compliant process. It will always be cheaper to just not pay your |
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> taxes. You can certainly complain different approaches and their |
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> costs if they both yield a compliant outcome. As I suggested the |
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> optimal approach might depend on whether you expect the process to be |
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> ongoing vs point-in-time. |
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> |
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> Also, if your goal is to move to an umbrella, it might not hurt to get |
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> their recommendations and expectations up-front. Then you can ensure |
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> that your solution delivers something that the umbrella will accept. |
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> If you're on the fence between multiple umbrellas, or plan to use |
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> multiple umbrellas, then you need to ensure you meet all their |
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> requirements. |
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> |
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|
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If we are going to an umbrella we need first to understand what we want and |
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need from them. |
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than we can discuss with them, but just wait for their reccomendations |
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without a solid plan is counterproductive. |