On Mon, 2010-12-20 at 17:52 +0100, Charles-H. Schulz wrote: > Dear friends, > > The Steering Committee would like to provide you an update regarding > the status of the establishment of our Foundation. > > We have spent quite some time evaluating the legal, fiscal, financial > and practical options that were available to us. Assessing these took > us considerable efforts and the involvement of lawyers we would like to > thank. > > We finally came to the following decision. We will incorporate a > Foundation in Germany (called "Stiftung" in German) in early 2011. A > german foundation will provide us with many advantages of various > kinds, among them, 100% tax-deductible donations.
Hello Charles, et al. "100% tax-deductible donations." Just to be clear here, you mean that donations to this foundation will be deductible by the individual making the donation? _or_ The foundation will incur no tax-liability by receiving monetary donations? > > In order to incorporate there we will however need some initial capital > and resources (around fifty thousand (50,000) Euros). If we do not > manage to collect this sum in a reasonable amount of time, we will > switch to our second best option and incorporate a charity in the > United Kingdom, which is much cheaper. Could you put some sort of time-frame to "reasonable"? [just your folks thoughts on what reasonable is here] > > We will of course keep you updated. Meanwhile, the donations to the > German OOoDEV association are still accepted and much welcome ! > > The last days of 2010 will be busy with Season's Holidays as well as > the release of LibreOffice 3.3 and the LibreOffice website. > > Until 2011, we wish you all the best for the New Year. Thanks to all the SC members for their efforts here. Best wishes, Drew -- Unsubscribe instructions: E-mail to [email protected] List archive: http://listarchives.documentfoundation.org/www/steering-discuss/ *** All posts to this list are publicly archived for eternity ***
