My opinion:
By all means, go the (1) approach. Let's decide to donate any leftover
money 50% to FSF and 50% to the Debian project. (I dislike the idea of
donating everything to a single NPO.)
Or, if those NPOs are approved by the Israeli Income Tax (or there are
relevant approved NPOs), then your friend's company can donate more than
the money actually left over (actually 1/70% = 1.43 times more), and use
the income tax credit for donations (30% if I am not mistaken) to cover
the difference.
A third approach is to invite two Israeli NPOs to issue receipts against
the collected mooney (as was done, at my suggestion, when collecting money
in exchange for Linux CD-ROMs in a Linux booth few years ago). But I am
not sure this is appropriate at this time, because contrary to the
situation at the time, the NPOs will have to cough up money for the
event's expenses and may not have much money left over to justify the
expense of issuing receipts.
--- Omer
On 30 Jul 2002, Gilad Ben-Yossef wrote:
> OK boys and girls, pop quiz.
>
> We have two options on how to deal with the money for August Penguin.
> The organizing people can't seem to aggree. We need YOU to choose.
>
> 1. Each person pays 50 NIS, and get a recipiet for it from a friend of
> mine who has company which among other things organises events. Expenses
> for the event (movie + hall) shall be paid by my friends company. If
> there is money missing in the end of the day I'm going to cover the
> difference, no problem. If there is extra money left she is going to
> donate it to some NPO (e,.g. FSF) minus the tax she paid on the 'profit'
> she officialy made.
>
> Pros: simple, legal and allows people that can to tax deduct the 50 NIS
> as an expense.
> Cons: Extra money, if any, goes to some NPO.
>
> 2. Each person pays 50 NIS, does *not* get a recipiet. Expnses are paid
> by organisers and anything not covered is our problem. If we have too
> much money at the end of the event each participant receives back the
> part from his 50 NIS that were not used, rounded up to the closest
> multiple of 5.
>
> Pros: fair, we'll return the extra money if any as promised.
>
> Cons: Probably illegal (no recipient, not VAt etc. etc.), you can't get
> recipiet so you can't tax deduct the expense and at least to my view
> down right impractical, but some lunatics here call me weird... :-)
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