Re: [MACCAWS] Finance

--- Chris Kaminski <[email protected]> wrote:
> 
> On Monday, July 22, 2002, at 12:08 AM, Tom Dell'Aringa wrote:
<snip>But I'd venture we
> > could leave it open until the need arises, rather than shove
> someone
> > in just to have them there if nobody volunteers.
> 
> A note from my experience with WaSP: when we looked into accepting 
> donations, it came to light that, in the U.S. at least, there were 
> strict rules regarding organization and handling of finances in 
> non-profit organizations. To make everything legal would really 
> have required a lawyer and an accountant. We decided /not/ to 
> accept monetary donations but instead to rely on services donated 
> by members (including things like several members forking over 
> the $ for printed brochures and the like). The donators simply 
> wrote the expenses off as marketing or the like and WaSP avoided 
> the hassle of being an official org.
> 
> Someone else may know more about this and be able to correct me, 
> but I believe accepting monetary donations is more trouble than 
> it's worth for a very focused group like this. That being the case,
> 
> a financial position is 'redundant,' to use a corporate euphemism.

Thats good info. It seems to me we have everything we need in the
short term, and donations have come from internal folks, just like
you mentioned. We have our domains, we have server space, our labor
is free. Can anyone come up with some hard items that we'll need
money for in the foreseeable future? We've done well with software
that is free as well. I can't think of anything off the top of my
head that we would really need money for that we probably couldn't
come up with internally.

Tom

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