2016-05-12 2:03 GMT+08:00 Chris Leonard <cjlhomeaddr...@gmail.com>: > On Wed, May 11, 2016 at 1:10 PM, Dave Crossland <d...@lab6.com> wrote: > > > > On 11 May 2016 at 13:03, Laura Vargas <la...@somosazucar.org> wrote: > >> > >> Sorry I missed to explain this. By the date of the agreement (2012), > the > >> Project agreed that, on the Effective Date, $1,887.44 (10% of the > existing > >> Project Fund on the Effective Date), will be donated to Conservancy’s > >> general fund additional to the 10% of that years income. > > > > > > That makes sense :) Thanks! > > > > Yes, prior to the 2012 Amended FSA, I don't think Sugar Labs had paid > anything to SFC, so there was a one-time 10% payment on assets in the > bank. Since that time it is 10% of revenue (donations). FWIW, I > don't think they are taking their 10% cut of our annual bank account > interest, not that it amounts to much or matters one way or the other. > > cjl >
Going back to the annual budget planning after confirming all the numbers and deducing the already passed motions, there are ~US$65,000 available for planning/distributing among activities/teams/projects etc. -- Laura V. I&D SomosAZUCAR.Org IRC kaametza Happy Learning!
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