You rock. Thanks.

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> On Oct 7, 2013, at 14:42, Roman Mitz <[email protected]> wrote:
> 
> It's been a while.  Here are the latest updates, with apologies for the delay.
> 
> Updates:
> *  A signed agreement has been struck between IBM and representatives of the 
> Creation Committee.
> 
> * Our lawyers reviewed, then submitted the incorporation papers for The 
> OpenAFS Foundation, Inc.; 
> 
> * The foundation has been created.
> 
> * A bank account has been opened.
> 
> * All funds remaining from previous years (not dedicated to the OpenAFS 
> Workshops) have been transferred into the new bank account.
> 
> * Working on filing non-profit status with the IRS.
> 
> 
> 
> Details:
> 
> * Todd has been instrumental in facilitating the complicated process of 
> getting a signed agreement and of having IBM agree that we may use the terms 
> "AFS" and "OpenAFS" in the name and description of the Foundation.  This was 
> a critical step in preventing potential legal issues over naming and 
> terminology in the future, which many of us had been fearing and hoping to 
> avoid.  Future agreements covering other aspects will likely have to be 
> forged, but the first step has been done successfully.
> 
> * The firm's team reviewed what our group had compiled to-date as required 
> materials going into the application package for the foundation of the 
> Foundation.  OpenAFS Foundation, Inc., is now incorporated and marked as 
> non-profit-to-be in the incorporation categorization.  This means that the 
> Foundation now exists as a legal, independent entity.  For the purposes of 
> the incorporation, all five of us had to be listed as preliminary directors, 
> but we will hand over this role when the first true board members have been 
> chosen.
> 
> * Also, Roman opened an independent bank account for the Foundation with the 
> PNC Bank.  As the minimal number of authorized signors should be two, the 
> Pittsburgh location was the logical choice.
> 
> * All moneys previously donated to the cause of OpenAFS were transferred from 
> the previous account at CMU into the new bank account.  Funds for the current 
> OpenAFS Workshops are kept separately in that existing organization.  We are 
> happy that we could meet the fiscal year deadline by Carnegie Mellon, and all 
> went smoothly.  These moneys are now available to the Foundation as operating 
> funds.
> 
> 
> 
> Next steps and how you can help:
> 
> * The Creation Committee, after having procured a tax ID for the newly 
> incorporated Foundation, will need to compile the packet of materials 
> supporting our application for official non-profit status with the IRS.  It 
> is the IRS that awards this status, if our application is approved; if the 
> approval fails, we will have the opportunity to improve the organization 
> and/or application and re-try at a later date.
> 
> * In the not too distant future, the preliminary board (i.e. Our Creation 
> Committee) wants to hand over the baton to the initial Board of Directors.  
> Thus, we are seeking individuals with a proven track record of business 
> success and with good connections.  You may help us with suggestions or 
> volunteering; resumes would be most helpful.  The Creation Committee can then 
> contact viable candidates and invite them to serve pro-bono on our initial 
> Board of Directors.
> 
> Roman, on behalf of the Creation Committee
> 
> 
> 
> PS: This update is being published in both the OpenAFS newsletter and via the 
> openafs-announce list in an attempt to reach the broadest audience.  Please 
> direct any questions or comments to [email protected] -- Thank 
> you.

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