[Sur] [IAEP] [Sugar-devel] [SLOBS] [SLOB] meeting reminder and some open issues to discuss
cjlhomeaddress en gmail.com
Sab Mayo 7 11:23:33 EDT 2016
On Sat, May 7, 2016 at 10:12 AM, Adam Holt <holt en laptop.org> wrote:
> In other words that SL's effective payment to SFConservancy (for
> legal/financial/administrative service) is equal to 10% of all expenditures
> (outlays) each fiscal year, i.e. March 1st to end of February.
> (But someone else can correct me if I'm wrong!)
I think you are wrong, but I am still looking for the proof. It is my
understanding that SFC takes 10% of incoming donations only, not a 10%
cut of all transactions (inbound and outbound).
That is what is described in their template Fiscal Sponsorship Agreement.
The FIXME-SIGNATORIES agree to donate ten percent (10%) of the
Project's gross revenue (including, but not necessarily limited to,
all income and donations) to Conservancy for its general operations."
I'm looking for an executed copy of the current SugarLabs-SFC FSA to
confirm, unfortunately the wiki version looks at variance with the
template, but as a wiki page, it has no "official" status.
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