[IAEP] [Sugar-devel] [SLOBS] [SLOB] meeting reminder and some open issues to discuss

[Chris Leonard]

On Sat, May 7, 2016 at 11:23 AM, Chris Leonard <cjlhomeaddress at gmail.com> wrote:
> On Sat, May 7, 2016 at 10:12 AM, Adam Holt <holt at 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.
>
> http://sfconservancy.org/docs/sponsorship-agreement-template.pdf
>
> "Fees.
> 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.
>
> https://wiki.sugarlabs.org/go/Sugar_Labs/SFC_Fiscal_Agreement
>
> cjl


Adam,

As SFC contact, could you please confirm that this 2012 version of the
Amended FSA is the currently effective agreement?

Note, it shows the 10% cut of revenue, no transaction fees.

cjl
-------------- next part --------------
A non-text attachment was scrubbed...
Name: AmendedFSASugar.pdf
Type: application/pdf
Size: 50109 bytes
Desc: not available
URL: <http://lists.sugarlabs.org/archive/iaep/attachments/20160507/104391ac/attachment-0001.pdf>