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

[Adam Holt]

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
>

--
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