On Fri, Feb 25, 2011 at 1:22 AM, Dima Pasechnik <dimp...@gmail.com> wrote: > It seems that a reasonable option would have a non-profit foundation > selling these kinds of services, > so that all the surplus money it makes goes into funding Sage > development (including things like internships, etc).
This already happens. The not-for-profit organization is the University of Washington, which setup a special account for Sage several years ago. I have full access to their lawyers, accountants, etc., who have been incredibly helpful with all kinds of complicated grants, contracts, and donations over the years. > It should disclose how much it pays to whom and for what--- at least > this would prevent that "gobs of money" talk line one sees on this > thread. I have not disclosed exact details of such information because it tends to make donors and some other people uncomfortable. There are legal issues. It violates some sort of implied trust relationship. (Perhaps it's an capitalist thing.) > Well, call me a communist if you think so :-) Volker: > I have been told that (in the US) it is very difficult to set up a non-profit > and make sure you > are and remain in compliance with all rules. It would be sad if the first > Sage employee > would be an accountant/lawyer in order to run a non-profit ;-) Having a > for-profit legal > entity is way easier and allows you to spend your money on what you (and not > the IRS) > think is important. Downside is, of course, that you have to pay taxes. This is all true. I got around this so far via the University of Washington, which has an army of accountants, lawyers, etc. (since my university gets over a billion dollars a year in federal grant/contract money...). -- William Stein Professor of Mathematics University of Washington http://wstein.org -- To post to this group, send an email to sage-devel@googlegroups.com To unsubscribe from this group, send an email to sage-devel+unsubscr...@googlegroups.com For more options, visit this group at http://groups.google.com/group/sage-devel URL: http://www.sagemath.org
