<div dir="ltr"><br><div class="gmail_extra"><br><div class="gmail_quote">2016-05-08 0:20 GMT+08:00 Adam Holt <span dir="ltr"><<a href="mailto:holt@laptop.org" target="_blank">holt@laptop.org</a>></span>:<br><blockquote class="gmail_quote" style="margin:0px 0px 0px 0.8ex;border-left-width:1px;border-left-color:rgb(204,204,204);border-left-style:solid;padding-left:1ex"><div dir="ltr"><div><div class="h5">On Sat, May 7, 2016 at 8:47 AM, Chris Leonard <span dir="ltr"><<a href="mailto:cjlhomeaddress@gmail.com" target="_blank">cjlhomeaddress@gmail.com</a>></span> wrote:<br></div></div><div class="gmail_extra"><div class="gmail_quote"><div><div class="h5"><blockquote class="gmail_quote" style="margin:0px 0px 0px 0.8ex;border-left-width:1px;border-left-color:rgb(204,204,204);border-left-style:solid;padding-left:1ex"><div><div>On Sat, May 7, 2016 at 11:23 AM, Chris Leonard <<a href="mailto:cjlhomeaddress@gmail.com" target="_blank">cjlhomeaddress@gmail.com</a>> wrote:<br>
> On Sat, May 7, 2016 at 10:12 AM, Adam Holt <<a href="mailto:holt@laptop.org" target="_blank">holt@laptop.org</a>> wrote:<br>
><br>
> ...<br>
><br>
>> In other words that SL's effective payment to SFConservancy (for<br>
>> legal/financial/administrative service) is equal to 10% of all expenditures<br>
>> (outlays) each fiscal year, i.e. March 1st to end of February.<br>
>><br>
>> (But someone else can correct me if I'm wrong!)<br>
><br>
> I think you are wrong, but I am still looking for the proof. It is my<br>
> understanding that SFC takes 10% of incoming donations only, not a 10%<br>
> cut of all transactions (inbound and outbound).<br>
><br>
> That is what is described in their template Fiscal Sponsorship Agreement.<br>
><br>
> <a href="http://sfconservancy.org/docs/sponsorship-agreement-template.pdf" rel="noreferrer" target="_blank">http://sfconservancy.org/docs/sponsorship-agreement-template.pdf</a><br>
><br>
> "Fees.<br>
> The FIXME-SIGNATORIES agree to donate ten percent (10%) of the<br>
> Project's gross revenue (including, but not necessarily limited to,<br>
> all income and donations) to Conservancy for its general operations."<br>
><br>
> I'm looking for an executed copy of the current SugarLabs-SFC FSA to<br>
> confirm, unfortunately the wiki version looks at variance with the<br>
> template, but as a wiki page, it has no "official" status.<br>
><br>
> <a href="https://wiki.sugarlabs.org/go/Sugar_Labs/SFC_Fiscal_Agreement" rel="noreferrer" target="_blank">https://wiki.sugarlabs.org/go/Sugar_Labs/SFC_Fiscal_Agreement</a><br>
><br>
> cjl<br>
<br>
<br>
</div></div>Adam,<br>
<br>
As SFC contact, could you please confirm that this 2012 version of the<br>
Amended FSA is the currently effective agreement?<br></blockquote><div> <br></div></div></div><div>There no reason to believe otherwise. This agreement is what stands unless you have information that nobody else has :-)<br><br></div><span class=""><blockquote class="gmail_quote" style="margin:0px 0px 0px 0.8ex;border-left-width:1px;border-left-color:rgb(204,204,204);border-left-style:solid;padding-left:1ex">
Note, it shows the 10% cut of revenue, no transaction fees.<br></blockquote><div><br></div></span><div>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.<br><br></div></div></div></div></blockquote><div><br></div><div>According to the agreement, the Project agreed to donate ten percent (10%) of its gross revenue (including, but not necessarily</div><div>limited to, all income and donations) to Conservancy for its general operations.</div><div><br></div><div>Still, there must be a mistake or some additional terms or additions made to this agreement, because there is a large difference (US<span style="text-align:-webkit-right">$20.494,29) between what the Project should have donated to SFC and what </span>has been actually donated for the past 3 years (according to the numbers published early this year);</div><div><br></div><div><br></div><div>
<table cellspacing="0" border="0">
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<tbody><tr>
<td style="border:1px solid rgb(0,0,0)" height="20" align="center"><br></td>
<td style="border:1px solid rgb(0,0,0)" align="center" bgcolor="#FFFF99"><font color="#FF3333">Total Income</font></td>
<td style="border:1px solid rgb(0,0,0)" align="center" bgcolor="#FFFF99"><font color="#009933">10% of Total Income</font></td>
<td style="border:1px solid rgb(0,0,0)" align="center" bgcolor="#FFFF00"> Donated To SFC</td>
<td style="border:1px solid rgb(0,0,0)" align="center" bgcolor="#FFFF99"><font color="#FF0000">Difference</font></td>
</tr>
<tr>
<td style="border:1px solid rgb(0,0,0)" height="20" align="left"><br></td>
<td style="border:1px solid rgb(0,0,0)" align="left"><br></td>
<td style="border:1px solid rgb(0,0,0)" align="left"><br></td>
<td style="border:1px solid rgb(0,0,0)" align="left"><br></td>
<td style="border:1px solid rgb(0,0,0)" align="left"><br></td>
</tr>
<tr>
<td style="border:1px solid rgb(0,0,0)" height="20" align="right">2015</td>
<td style="border:1px solid rgb(0,0,0)" align="right">$9.028,56</td>
<td style="border:1px solid rgb(0,0,0)" align="right">$902,86</td>
<td style="border:1px solid rgb(0,0,0)" align="right">$12.683,40</td>
<td style="border:1px solid rgb(0,0,0)" align="right">($11.780,54)</td>
</tr>
<tr>
<td style="border:1px solid rgb(0,0,0)" height="20" align="right">2014</td>
<td style="border:1px solid rgb(0,0,0)" align="right">$49.622,18</td>
<td style="border:1px solid rgb(0,0,0)" align="right">$4.962,22</td>
<td style="border:1px solid rgb(0,0,0)" align="right">$11.780,54</td>
<td style="border:1px solid rgb(0,0,0)" align="right">($6.818,32)</td>
</tr>
<tr>
<td style="border:1px solid rgb(0,0,0)" height="20" align="right">2013</td>
<td style="border:1px solid rgb(0,0,0)" align="right">$49.229,19</td>
<td style="border:1px solid rgb(0,0,0)" align="right">$4.922,92</td>
<td style="border:1px solid rgb(0,0,0)" align="right">$6.818,34</td>
<td style="border:1px solid rgb(0,0,0)" align="right">($1.895,42)</td>
</tr>
<tr>
<td style="border:1px solid rgb(0,0,0)" height="20" align="left"><br></td>
<td style="border:1px solid rgb(0,0,0)" align="left"><br></td>
<td style="border:1px solid rgb(0,0,0)" align="left"><br></td>
<td style="border:1px solid rgb(0,0,0)" align="left"><br></td>
<td style="border:1px solid rgb(0,0,0)" align="left"><br></td>
</tr>
<tr>
<td style="border:1px solid rgb(0,0,0)" height="20" align="right"><b>Total</b></td>
<td style="border:1px solid rgb(0,0,0)" align="right"><b>$107.879,93</b></td>
<td style="border:1px solid rgb(0,0,0)" align="right"><b>$10.787,99</b></td>
<td style="border:1px solid rgb(0,0,0)" align="right"><b>$31.282,28</b></td>
<td style="border:1px solid rgb(0,0,0)" align="right"><b>($20.494,29)</b></td>
</tr>
</tbody></table></div><div> </div><div><br></div><blockquote class="gmail_quote" style="margin:0px 0px 0px 0.8ex;border-left-width:1px;border-left-color:rgb(204,204,204);border-left-style:solid;padding-left:1ex"><div dir="ltr"><div class="gmail_extra"><div class="gmail_quote"><div>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!<br></div></div></div></div></blockquote><div><br></div><div>Adam, </div><div><br></div><div>I would recommend to dig deeper into this point with the Conservancy so we can clarify the numbers.</div><div><br></div><div>Thanks in advance,</div><div>laura v</div><div><br></div><blockquote class="gmail_quote" style="margin:0px 0px 0px 0.8ex;border-left-width:1px;border-left-color:rgb(204,204,204);border-left-style:solid;padding-left:1ex"><div dir="ltr"><div class="gmail_extra"><div class="gmail_quote"><div></div><div> </div><blockquote class="gmail_quote" style="margin:0px 0px 0px 0.8ex;border-left-width:1px;border-left-color:rgb(204,204,204);border-left-style:solid;padding-left:1ex">
cjl<br>
</blockquote></div><span class=""><br>--<br><div><div dir="ltr">Unsung Heroes of OLPC, interviewed live @ <a href="http://unleashkids.org" target="_blank">http://unleashkids.org</a> !</div></div>
</span></div></div>
<br>_______________________________________________<br>
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I&D SomosAZUCAR.Org<br>
<br>
Identi.ca/Skype acaire<br>
IRC kaametza<br><br>Happy Learning!<br><br></div>
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