Regarding the income side of the budget, I recommend looking at IRS
form 8734 [1], which will have to be filled out at the end of the 5th
year of being a 501(c)(3) organization. OSGeo will have to pass the
"public support test" of getting at least 33% of its support from
"public sources". That 33%, if I recall correctly must be made up of
donations of $5000 or less. That means $35,000 in chunks smaller than
5K for the budget shown.
I think this is why Creative Commons had that huge donation push a
couple of years ago, when they realized they were about to bump into
that.
It can be far harder to get a lot of little donations than a few big
ones. If OSGeo fails the test, it can cause some major tax and
reporting headaches.
Better to think about it now and build it into the fundraising.
Allan
[1] http://www.irs.gov/pub/irs-pdf/i8734.pdf
and http://www.irs.gov/pub/irs-pdf/f8734.pdf
On Jun 16, 2008, at 12:19 PM, Frank Warmerdam wrote:
Landon Blake wrote:
Another thing I've been curious about is how any funds raised will be
spent or dispersed. I know we need to pay Tyler's salary. What other
things do we need to pay for? Do we help fund the FOSS4G
conference? Do
we fund work/infrastructure for specific projects?
I'd like to learn more about this. I think a web page geared towards
potential contributors with a concise explanation of how duns are
spent
would be an aid to fundraising efforts, if we will ever have any.
Landon,
The 2008 budget might help you see what we plan to spend money on.
http://wiki.osgeo.org/wiki/OSGeo_Budget_2008
Hopefully the 2007 annual report will be finished soon, and it
will include a financial report on spending during 2007.
Best regards,
--
---------------------------------------
+--------------------------------------
I set the clouds in motion - turn up | Frank Warmerdam, [EMAIL PROTECTED]
light and sound - activate the windows | http://pobox.com/~warmerdam
and watch the world go round - Rush | President OSGeo, http://osgeo.org
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Allan Doyle
Director of Technology
MIT Museum
+1.617.452.2111
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