On Thursday, June 27, 2019, Ewa Jodlowska <e...@python.org> wrote: > > > On Thu, Jun 27, 2019 at 11:16 AM Wes Turner <wes.tur...@gmail.com> wrote: > >> >> From GuideStar (which, like Charity Navigator, also has nonprofit >> evaluation criteria) >> https://trust.guidestar.org/bitcoin-what-nonprofits-need- >> to-know-and-how-it-might-give-your-fundraising-a-competitive-advantage : >> >> > Accepting donations in Bitcoin can reduce the financial transaction >> fees a nonprofit owes. With Bitcoin, the costs are significantly lower >> compared to checks, credit cards, and other digital options, and if your >> organization is a registered 501(c)(3), there are zero transaction fees on >> platforms such as Coinbase or Bitpay. There is also no risk of bank >> charges accruing to the nonprofit in the case of a donor using a fraudulent >> credit card. >> >> * Merch: It may be worth accepting cryptocurrency payments for PSF merch >> like T-Shirts, Mugs, Polo shirts: https://www.python.org/ >> community/merchandise/ >> >> * Coinbase Commerce integrates with a number of major eCommerce >> platforms: >> https://commerce.coinbase.com/integrate >> >> >> I'll share Coinbase with our team for review. > > >> * What mailing list and/or CRM can I opt-into with my PSF donation? Is >> there a periodic breakdown of expenses that I can backseat-drive and >> micromanage? >> > > We go over our finances at the PSF member meetings at PyCon and the > EuroPython. In addition to what we have on python.org ( > https://www.python.org/psf/annual-report/2019/, https:// > www.python.org/psf/records/board/treasurer/), financials are also sent to > voting members (psf-v...@python.org). > The 2018 financials will be sent there this month. >
Thanks! > If anyone wants to become a voting member of the PSF, let me know > off-list and I'll be happy to share the available options! > > >> From Charity Navigator, it looks like PSF had about $ 2,500,000 in >> donation revenue a few years ago. >> > > As of end of 2018, the PSF had almost 3.3M in assets. In 2018, we received > $515,000 from "Contributions, Membership Dues, and Grants" ( > https://www.python.org/psf/annual-report/2019/). In 2016, our > "Contributions, Membership Dues, and Grants" totaled approximately $148,024 > to give you a comparison of how things are developing over time. > $515,000 in 2018, thanks. An infographic on the donation page might increase conversions. > > The Annual Impact report also addresses the need for a financial reserve: > > "The PSF will continue to research diversifying revenue streams, hiring > additional staff, and improving our fundraising efforts, which will all > affect future financials. We would like to continue to improve the services > we provide to the community, expand our programs, and better support > developers. We also need to consider risk mitigating factors such as having > diverse revenue streams instead of heavily relying on PyCon and a financial > reserve of at least 1.5 years (in operating costs). This will help ensure > the PSF’s viability for the long run." > +1
_______________________________________________ Python-Dev mailing list -- python-dev@python.org To unsubscribe send an email to python-dev-le...@python.org https://mail.python.org/mailman3/lists/python-dev.python.org/ Message archived at https://mail.python.org/archives/list/python-dev@python.org/message/7PHTBINPBQ7R5UT7HLTFOXDYWM2IIMSE/