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

[Laura Vargas]

You are totally right Adam, I'm sorry I did not notice these were
cumulative values. Corrected table would look like this:



Total Income 10% of Total Income



2015 $9.028,56 $902,86
2014 $49.622,18 $4.962,22
2013 $49.229,19 $4.922,92
2012 $208,26 $1.908,27
*Total* *$108.088,19* *$12.696,26*


Also made the correction on the spread sheet and projected annual budget.
I´m attaching the corrected file.

Sorry again and best regards,
Laura V



2016-05-11 23:58 GMT+08:00 Adam Holt <holt at laptop.org>:

> On May 11, 2016 11:19 AM, "Laura Vargas" <laura at somosazucar.org> wrote:
> >
> > 2016-05-08 0:20 GMT+08:00 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.
> >>
> >
> > According to the agreement, the Project agreed to donate ten percent
> (10%) of its gross revenue (including, but not necessarily
> > limited to, all income and donations) to Conservancy for its general
> operations.
> >
> > Still, there must be a mistake or some additional terms or additions
> made to this agreement, because there is a large difference (US$20.494,29)
> between what the Project should have donated to SFC and what has been
> actually donated for the past 3 years (according to the numbers published
> early this year);
>
> Laura,
>
> I think you are misinterpreting https://wiki.sugarlabs.org/go/Finance
>
> When it says "Donated To [Software Freedom] Conservancy" that implies a
> cumulative total over the years, just like every other line-item in those
> lower paragraphs, for each financial year.
>
> In conclusion your table appears to be (accidentally) greatly exaggerating
> the amounts being paid (held for) SFConservancy, so you may want issue a
> corrected version.
>
> Regards-
> Adam
>
> > Total Income
> > 10% of Total Income
> > Donated To SFC
> > Difference
> >
> >
> >
> >
> >
> > 2015
> > $9.028,56
> > $902,86
> > $12.683,40
> > ($11.780,54)
> > 2014
> > $49.622,18
> > $4.962,22
> > $11.780,54
> > ($6.818,32)
> > 2013
> > $49.229,19
> > $4.922,92
> > $6.818,34
> > ($1.895,42)
> >
> >
> >
> >
> >
> > Total
> > $107.879,93
> > $10.787,99
> > $31.282,28
> > ($20.494,29)
> >
> >
> >> 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!
> >
> >
> > Adam,
> >
> > I would recommend to dig deeper into this point with the Conservancy so
> we can clarify the numbers.
> >
> > Thanks in advance,
> > laura v
> >
> >>
> >>>
> >>> cjl
> >>
> >>
> >> --
> >> Unsung Heroes of OLPC, interviewed live @ http://unleashkids.org !
> >>
> >> _______________________________________________
> >> IAEP -- It's An Education Project (not a laptop project!)
> >> IAEP at lists.sugarlabs.org
> >> http://lists.sugarlabs.org/listinfo/iaep
> >
> >
> >
> >
> > --
> > Laura V.
> > I&D SomosAZUCAR.Org
> >
> > Identi.ca/Skype acaire
> > IRC kaametza
> >
> > Happy Learning!
> >
>



-- 
Laura V.
I&D SomosAZUCAR.Org
IRC kaametza

Happy Learning!
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