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Hello Nonprofit folks, |
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In a recent Council meeting, the council agreed to take on the duties |
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of vetting project-spending. The Foundation nominally has two types of |
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spending: |
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- Mandatory spending. These are things like phone, mail, taxes, |
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accounting, etc. This spending will remain in direct control of the |
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board. This spending is used to keep the *foundation* alive (note it |
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has nothing to do with Gentoo the project in any way.) Eventually we |
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would like to see the Foundation replaced by an umbrella, in which |
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case this spending would be replaced by fees paid to the umbrella |
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company. |
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- Project spending. Pretty much anything not mandatory at this point. |
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Note this includes infrastructure spending. So hardware, servers, |
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reimbursements, posters, etc. |
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I'm looking for feedback from the community and the board on this as |
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we will change the board procedure if the board votes to make these |
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changes (we have not yet voted.) |
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The ultimate goal is to operate a more of an arms-length arrangement |
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with the Foundation; the eventual outcome being that the Foundation |
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will cease to exist at some point and be replaced by an arms-length |
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umbrella holding company. |
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Do you think this is a good idea? |
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Are there more than 2 buckets of spending? |
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Looking forward to your feedback, |
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|
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-A |