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

[Lionel Laské]

Sorry to be once again the devil's advocate but I think SugarLabs has no
resource to pay for a Financial Manager. We can't both support the cost of
a SFC and the cost of a Financial Manager.
I think the job done by SFC and nice reports by Adam and Laura (and others)
are enough for a small organization - without regular budget - like
SugarLabs.
If we need to have a Financial Manager so we need to think seriously to
exit of SFC.

Best regards from France.

              Lionel.



2016-05-07 18:20 GMT+02:00 Adam Holt <holt at laptop.org>:

> On Sat, May 7, 2016 at 8:47 AM, Chris Leonard <cjlhomeaddress at gmail.com>
> wrote:
>
>> 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?
>>
>
> There no reason to believe otherwise.  This agreement is what stands
> unless you have information that nobody else has :-)
>
> Note, it shows the 10% cut of revenue, no transaction fees.
>>
>
> 10% of initial capital too?  Sorry am traveling non-stop for the coming
> days, but someone should read the agreement (attached by CJL, Thanks!!)
> carefully please if they have time this weekend please.
>
> Then if there are outstanding questions accumulating, I can collect those
> and communicate those questions to SFConservancy intermittently, if we as a
> community have done our own homework first, Thanks!
>
>
>> cjl
>>
>
> --
> Unsung Heroes of OLPC, interviewed live @ http://unleashkids.org !
>
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