On Wed, 10 Feb 2010 19:47:11 +0000, Daniel Stone <[email protected]> wrote:
> [0]: Namely, it's been incredibly difficult to even get a statement out > out of our current bank. We've been hoping to switch for quite > some time, but unfortunately this is basically predicated on the > 501(c)(3) transition. Yay! Our bank now makes statements available over email. Which makes things easier for me to find as physical mail tends to get shuffled in piles around my office. In any case, I've got a tentative accounting for our activities last year (I'm checking with Stuart Kreitman as he holds the other checkbook) and can summarize them by referencing two activities -- we paid for XDS expenses, both travel and hosting (for a total of about $7k) and we paid $3k to host machines at MIT. We've got around $125k left in the bank, which again makes me not get too excited about looking for additional funding sources. My personal goal for the organization is to get us to a spend rate of at least $20k a year, and to have about 2X that in the bank (other's may disagree with the numbers, of course). Which means that if you have a good idea that would help X.org development, and you just need money to make it happen, please bring it to the board and we'll figure out if we can fund it. Our 501(c)3 filing papers state that we are a non-profit educational foundation, so pretty much anything which educates people about the X window system and related technologies is in-scope for us. > [1]: When basically the entire board is present at a conference, we have > generally taken the opportunity to have an extended -- usually two > hours plus -- meeting over lunch or dinner, which is then expensed. > When this was done at Cambridge, I believe the cost was on the order > of £20 per head. We haven't managed even that in the last couple of years. -- [email protected]
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