[gentoo-nfp] Re: [gentoo-project] Questions for Gentoo Council nominees: Gentoo Foundation - Treasurer Response!

[Kristian Fiskerstrand <k_f@gentoo.org>]

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On 7/3/19 12:47 PM, Rich Freeman wrote:
> On Wed, Jul 3, 2019 at 2:12 AM Robin H. Johnson <robbat2@gentoo.org> wrote:
>> At an outward glance, this does imply that some umbrellas would be
>> cheaper than a CPA, while others would be more expensive; but the
>> equation is more complicated, because we need to be careful about the
>> accounting of services that the umbrella would provide.
>>
>> The equation therefore should be more of:
>> Cost(Umbrella) vs [Umbrella baseline without umbrella-provided expenses]
>>
> You also need to consider the tax savings themselves if the umbrella
> is 501c3.  That is also a percentage of the net (the CPA costs being
> deductible most likely).

It depends on the type of income, iirc e.g GSoC wouldn't be tax exempt
in either case. Same for royalties from sale of merchandise

> 
> You also need to consider services that we would receive that we
> currently lack.  After all, Gentoo hasn't spent a dime on CPAs for a
> long time, but that was hardly a true savings.

Also needs to account for potentially higher future earnings, we haven't
actually been doing active fundraising.

-- 
Kristian Fiskerstrand
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