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Wow. Okay, I get the feeling that I am treading in places where I am not |
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welcome, but my question remains unanswered. Instead of paraphrasing |
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anything, I will use direct quotes from now on. When I said "Daniel's debt", |
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that was representative of debt, living expenses, you name it. I'm sorry, I |
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won't make that mistake again. |
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|
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"the Store would be used to support me and my family in our ability to |
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cover _basic living expenses_, and *potentially* help pay off *some* (notice |
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I did use the word *some* in my original email) accumulated debt. That is |
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probably more wishful thinking than anything. That's why I used the word |
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"potentially." People seem to have focused on the fact that I mentioned the |
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word "debt" and ignored the main thing I said." |
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|
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This is fine, I am glad to see you doing this. Aside from the fact that |
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running the store is tedious and gets old, you should continue to run it for |
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the very reasons you mentioned. I would go so far as to suggest some kind of |
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pay-pal-athon to help diminish the $20,000 quickly, else with the store |
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proceeds you'll be paying mostly interest.. I thought I was on your side |
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with this issue, but appearantly I hit a button or something. |
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|
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The question remains: Will you be taking the paypal donations with you as was |
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agreed upon with the store, "to support me and my family in our ability to |
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cover _basic living expenses_, and *potentially* help pay off *some* (notice |
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I did use the word *some* in my original email) accumulated debt." or will |
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the paypal donations feed the Gentoo project through the new NFP? |
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|
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If I am digging too deep with these questions, then I'll stop and unsubscribe |
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from the list. I like to think that my concerns for Gentoo and the NFP are |
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more than the average user, but I'm quickly getting the feeling that I need |
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to butt out and go back to playing the end user. On the other hand, I hate |
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to think that I am the only person with these questions on my mind. |
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|
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-Corey |
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|
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On Monday 26 April 2004 01:49 am, Daniel Robbins wrote: |
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> Corey wrote: |
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> > What about paypal donations in regards to the NFP transition? |
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> > The proceeds from the store will go towards Daniel's debt, and that |
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> > has been agreed upon. |
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> |
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> This is not an accurate summary of what I said. What I said is, and I |
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> quote: |
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> |
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> "OK. The purpose of this is to allow me to continue to support my family by |
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> doing things like pay for a house, pay for food, and potentially pay off |
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> some of the $20,000 in debt I accumulated during my tenure as Chief |
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> Architect of Gentoo, etc." |
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> |
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> So, to make try to make this impossible to misunderstand -- what I said is |
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> that the Store would be used to support me and my family in our ability to |
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> cover _basic living expenses_, and *potentially* help pay off *some* |
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> (notice I did use the word *some* in my original email) accumulated debt. |
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> That is probably more wishful thinking than anything. That's why I used the |
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> word "potentially." People seem to have focused on the fact that I |
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> mentioned the word "debt" and ignored the main thing I said. |
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> |
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> The main reason for continuing to run the store is to ensure that my family |
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> has its basic living expenses covered. This NFP transition involves some |
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> financial risk on my part. I need to make sure my family doesn't get hurt |
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> in the transition. This could happen if the funding I am currently |
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> receiving to work on Gentoo full-time disappears. This would be very hard |
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> for my family, since as I've pointed out, I have $20K in debt. We have no |
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> savings, investments or retirement at all. I have no money to pull from if |
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> I lose funding. If I were just a single guy then I could justify making |
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> some risky decisions, but I have a wife and two small children and they |
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> shouldn't have to suffer due to any risky decisions I make. Making a smooth |
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> transition that works for the NFP and my family involves some careful |
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> planning on my part. |
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> |
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> > Will the donations go into an account that gets controlled by the NFP? |
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> |
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> Another thing I explained in prior emails is that the Store would continue |
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> to cover the costs associated with setting up the 501(c)(6), and the legal |
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> fees by the time this is completed would probably be around $7-$10K (also |
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> including misc. legal stuff and continuing costs associated with federal |
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> trademark apps, logo usage agreements etc..) I'd hope that donations could |
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> go towards paying these tabs before we look at re-routing this money to set |
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> up an operating budget for the NFP. It really isn't enough for any kind of |
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> real budget anyway. |
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> |
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> I think I'm going to avoid answering financial questions because the stuff |
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> I have already said gets misinterpreted and distorted. I don't want to |
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> continue to participate in what seems to be an unavoidable downward spiral |
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> of confusion. It doesn't seem to be helping anyone. I really do try to be |
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> clear in my emails, but that doesn't seem to be enough. |
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> |
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> To be honest, after having to put my financial situation in writing, it |
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> seems rather stupid for me to be making any kind of personal commitment to |
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> keep the store running and get the money to cover $7-$10K of Gentoo legal |
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> fees. It would probably be best if I get a job as soon as possible and bail |
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> out of Gentoo after the NFP is set up next week, and leave the NFP to |
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> continue running the store and arrange its own funding for the 501(c)(6) |
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> application process. But that would be really high-stress for everyone and |
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> is what I am trying to avoid. |
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> |
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> Daniel |
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> |
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> |
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> -- |
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> gentoo-nfp@g.o mailing list |
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|
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-- |
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Corey Shields - IU Unix Systems Support Group |
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http://ussg.iu.edu/~cshields |
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|
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My PGP/GPG public encryption key is at: |
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http://www.ussg.iu.edu/~cshields/cshields_pub_key.asc |
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GPG fingerprint: 78A8 E5EB E455 0A90 F392 59BC A6AF F8A3 A304 1453 |
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|
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-- |
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gentoo-nfp@g.o mailing list |