On 2014-04-13 01:43, Stormy Peters wrote:
Don't we have reserves though? We should have 6 months of operating
expenses as reserves.
I should leave maybe this to Kat and other board members but I'm
recently enough gone that I can answer - the Foundation has adequate
reserves for GNOME's ordinary operations but not for OPW, and the
program has ramped up really quickly while the Foundation is still very
small.
For a rough overview, the 30 participants in the round that just ended
required around $170k in expenditures, and that's the smaller of the two
rounds per year. The two most recent rounds together should have
approached $400k. So OPW only accepts interns with confirmed funding for
each intern but if there are delays in getting that funding it adds up
to a big burden for the org to bear. As the FAQ states, the board is
evaluating various solutions, including raising the admin fee already
charged and putting measures in place to assure earlier payments. I
think the program should also try to raise its own reserves, though this
is very difficult on a short term basis.
GNOME would never have been able to support the program to date without
the reserves it already had in place.
karen
On Apr 12, 2014 5:26 PM, "Karen Sandler" <ka...@gnome.org> wrote:
On 2014-04-12 14:45, Ekaterina Gerasimova wrote:
No, it wasn't know. If it had been known, spending would have been
frozen by then and a budget for the hackfest would not have been
approved.
For perspective, people actually call this a "success crisis."
Thank you so much to the board and Rosanna for getting on top of this
situation and being transparent about it.
karen
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