--- In [email protected], "shempmcgurk" <[EMAIL PROTECTED]> wrote: > > --- In [email protected], new.morning <no_reply@> > wrote: > > > > --- In [email protected], Sal Sunshine <salsunshine@> > > wrote: > > > > > > > > > However, we must immediately cover the start-up costs of > building > > the > > > > new campus—and continue to build until we have proper housing > for > > > > 1,000 Vedic Pandits. Therefore, now is the time for all of > you who > > > > have who so kindly pledged to support the Vedic Pandits when > they > > > > arrive to quickly fulfill your commitment. > > > > > > So this is a--gasp--plug for $$? Who would have thought. > > > > > > Sal > > > > > > > It doesn't seem to be an new plug for $. Given that people were > > smart enough to pledge money WHEN the pundits arrived, and not give > > outright, it seems reasonable that once the pundits DO arrive that > > people honor their pledges. > > > > But for any future TMO projects, it seems cleaner for donors to > set up > > their own foundation, with their own board, and own transparent > > accounting, raise funds, and give piece meal to projects when and > if > > each milestone is completed. > > > > Sadly, that's probably the only way to do it. > > I say sadly because having each major donor set up their own > foundations and own accounting is very inefficient and an > unnecessarily repeating of expensive activities that otherwise could > be done just once.
Well, for large donors 2-5 mill plus, its not a big deal. But I am suggesting something else -- one foundation collectively build and managed by small donors. A foundation for all FF donations for example. To subscribe, send a message to: [EMAIL PROTECTED] Or go to: http://groups.yahoo.com/group/FairfieldLife/ and click 'Join This Group!' Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/FairfieldLife/ <*> Your email settings: Individual Email | Traditional <*> To change settings online go to: http://groups.yahoo.com/group/FairfieldLife/join (Yahoo! ID required) <*> To change settings via email: mailto:[EMAIL PROTECTED] mailto:[EMAIL PROTECTED] <*> To unsubscribe from this group, send an email to: [EMAIL PROTECTED] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
