Before I join a non-profit board, the first question I ask is
"What is the compensation for board members to do all that hard
boring work"

How about we re-start the OHF, apply for 501c3 status, and 
compensate board members by giving them devel boards for the 
free hardware we are promoting, with which they can either 
develop on, or sell on ebay.

We could do an OpenShader kickstarter/indiegogo/etc/ project
to set up a 501c3, and develop and fabricate 20 FPGA boards with
PCI-E, DDR3 ram, and displayport.

I'm going to guess this is a $15k to $30k project, about $5k of 
which will go to the lawyer(s) to do the 501(c)3.

Another alternative I'd like to try is a mutual-benefit developer
cooperative. This way we can make a profit and pay license fees
to a Cayman Islands(or other) incorporated holding company, and
have the for-profit flexibilty but still pay no taxes, just like
all the big companies.

The for-profit developer cooperative would be a $5-$10K crowdfunding
deal because I'd be willing to cash out my 401k and (up to $10k) do
a matching investment because I think it will have a long-term 
payoff.

On Sat, Jan 05, 2013 at 11:17:12AM -0600, Patrick McNamara wrote:
> It was wrapped up as a legal entity. Donations received by the OHF
> were transferred to LinuxFund.org and contributed to funding the
> production of OGD1 boards.
> 
> Basically, running a non-profit corporation is a lot of work, just
> in paperwork and such.  Trying get 501(c)(3) non-profit status is
> even more paperwork.  The board of directors did what they could to
> help, but in reality very few people want to do the hard, boring,
> behind the scenes stuff on such a project.  I had to much going on
> in my personal life to be able to devote the time needed and the
> folks over at LinuxFund.org were willing to take over the role of
> getting the OGD1 boards funded for production so the decision was
> made to shut down the Open Hardware Foundation.
> 
> That's the short version.
> 
> Patrick M
_______________________________________________
Open-graphics mailing list
[email protected]
http://lists.duskglow.com/mailman/listinfo/open-graphics
List service provided by Duskglow Consulting, LLC (www.duskglow.com)

Reply via email to