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Wed, 3 Jul 2019 15:06:39 +0000 (UTC) To: gentoo-project@lists.gentoo.org, Rich Freeman Cc: gentoo-nfp References: <86784617.NvtdGxuBOO@pinacolada> <635fbead-6e06-8d65-b1ec-3b05b47676e6@gentoo.org> From: Kristian Fiskerstrand Openpgp: preference=signencrypt Autocrypt: addr=k_f@gentoo.org; prefer-encrypt=mutual; keydata= mQINBEdj//4BEAC3zjKRryW1mLec38x0w9ByG50h6KJddkZe3UNdGhAa3S5E4NAi/fUoe3gD LUDDmpHZNqtbMgrobwUNjLrp+PDZNdMJFAnbWXvmsMwuax0SWJzy4alem34tvir3a2PpnVr9 ylyAyxPChMM0ANelT/fiYIEysjAbHXjri89qdT+yA16CMljoun7vIOmq7ohKdNd1Dci6qoyj 0NllvR2AiBI+ZJnoF4hkRKO1PNUJROzn/ku88idaNkWyq7rREI+WkhS+K6xg1R/d6mTp+bHP tmwGlN4U1Lgx9qeitYzirkQeA8EGK/EEPPZG85WvXSrTftoPvQswOtW7I+jkTdd30GHXf6JH Rq4oR0mT65mqckycPjXNw6RM0fxyx06/kbVG8x3tzc3roJF+hR+h5QWIWsQOc3ZAhbJPWnfP D/kEN20yvb6EXWha+70QJbrBsnN0M8MLF7x+ZWTKESOVpshUBG67iq/FWCpv3st2VTq4M0Ep b/ORIKlfEgSsGv6waooF0ik41ey3k6PIcuHTq/sCoFoC6EH75wqsbmLkVSyqTKm3MSjlN26d ei425iCXJSyH0L1WmeS0i0rzcF5BCu9V280DmNFHWkr4iHiyrVcNyccocMTeh6/ZG7XSI0wc TONVNnKtofVHkzwHMdDlDx4lFRG+V0ftimR5THlxtG8AzQKY9QARAQABtCZLcmlzdGlhbiBG aXNrZXJzdHJhbmQgPGtfZkBnZW50b28ub3JnPokCPQQTAQgAJwIbAwULCQgHAwUVCgkICwUW AgMBAAIeAQIXgAUCXBkr/wUJFqcqNAAKCRALf4tg4+364+jcD/93QVM8oueXqsMoMpBGN6Mm M2PbcVS3ZiBFjGPeqm7g29tzR2+OhzGmI17IbwUjwBiCVthym4ekF9vbGh8brSm168r/i+Q8 vQmVyzbJS1PO/M4sVzXnge3oo2Q57nhQewS1RGQIadtC3nTCzyAN7CHZg2/tnkci9U5Uljrx FrMgOTjQT/ylEC0efKR013ccFcxi1h5rHr4mnNrW2fNjJ30kyHvu896TZiHZYi3d3W/RTdyD URCX+6eRAyI64RpWiSdaSdFL9M8W4LXv8UD9BEnrd3aYqIx8lRtirG9MZtURaQK6RcE/+/OU JnGOXu08z9jYRNQ4LWnelrL1gNH6yQnCpWlP1f60iyrQ5vWj7fClEcOtlqYuMUvLRmZtbp7V sN2SY09dh4SgrlFXS8dVdESTJlpoHOe5GsmESIYSLKoxNg8JnjmGDCcZAeC4DGQOz9OyKQSk W4L4yeDt/PUTf4jJ6mIgrVfLIyZIF9uQka4/Xh/ECOJsKKyqaEZQ6rRuXtpL2SZsNxpYYTfr JXE7AOH6pehDhOJ0dxchfEhiQKKHC6dDXLVj7eauiRn0brPCbqgLufa5lU5CSy0v/I2YHcXr xtp0HRfcoOKH6SC/6NaeE+QDikLv3V0706KdRWH+sn1ZM4eml0P7B+dgAj6LFbDjJrwRncIB 087bE6YTHNL7rrkBDQRcGSkhAQgAu/B9sChWogJod8L3i0Pf+4YwUG/elFZtHtXPk06TdbMp +KxhY0cIit5J422HME7P4fxPnu1zaGm40nUjc/bzKdUNbVjtHFDJJAQeI+W8VGDxpHOrDoY0 WYnKhABNWCcuj6eH/MyxkjVblZvTxuEuKJQQ5yL44hsBQmA6aNHwkJnB+pd7NvUBRpfEnBoF Cp2Wma3VZgdrDJ0s/eoHTc8uPkKWaixkQYTtwSJ/2Z2qncSe61V6u+HAHxdyaNceSTf1W58W DNcNdKlMUEcFK5E2ya+oikZUVHUbyHR+GgZ/UmZQO9xVLmghjCaKq7L65yAUuMpsB7npdUMF mHpY+9Jl8QARAQABiQNEBBgBCAAPBQJcGSkhAhsCBQkB8gEAASkJEAt/i2Dj7frjwF0gBBkB CAAGBQJcGSkhAAoJENuBfg4Xj5s/JTMH/iFMxlDX5MR+Td75hX8H55nx7SDNcJczfxxFqFyv qUUTYGzkSbRVRudSh8iD7Btb0Q9/VfmBax9L5JobbB5nAWAJ6gKPIAYKiQ3khBLJgtFUjC27 EfyGafqBPgq7F1pC6uyyRDFc0Axg0ZwR/1m1MD4wZ1RjWth1K7P4xPipKdumn4fSpZYn8a+s G/OmjG9/7pnyVi2yW6Q5ameKstDdFzy1BuZTiS0RoUvQZqOgGkJQ8Ckzn7FUty9GEQ5+9/im 80OUKN7wQ1xoijVvM/WhrpDINmMQhbXE/ut5mG0+qZd0DwQXG0uSCzfiRgQQ1srtW2a67Hvc dYajfda/N5697YCDZRAAon9l+aZP6Z80A98lC+U33LvuGVJoWOzMW/SgQo9XXtW3LhpSbctU 58hI0hJkBdYTp9vT+ZsAb4DGYdIu50tY3w1a1tMuNb414h5X5ssGKc36XQiMoS4cnok5xT0u Uhh85hz7KmOVUH0mrQUeCsdl6DMU0DUjaTKP5sgl8E34A/ioqWWdH7rLLsR9KxOVEQgL3wC8 5yCIjnmGAPT+ZeD3VAziV3W8PHcWEihFnDUx5sqX411AGpzoWfFbBa6kNnl9aZCTs1KUUIYb PsBMu612JkUM3S1wI+cZT284JV3NwgqrG6mQAcDlm5SnNHYvmWdUAbd1cVbSpplU9FyU7VCw YhOKxSfGFY/7QJi9FcrooQpuXzV3bDPTFLFFYQ0uwFfAZgDOERG3ccjycYsByNeEFR8A/Fzl GPNHPoacS05cpMo0hyn5XmyynduDVQja4kXVKnj7Qok99wU943nhRnKI8g3vbqi8m3QFhoMu YBDKc2j0MC28V5ASyZZWOWsQfb+o3B2pxQvtgsrv2hy3b94F0qoIp4X0V16nLGfrPbfGoHHB fN2ndkSH/+THgMvF2DLtrOqFqF5SZJlo2Qjx2LLjyBG7qbbwxyCzgIto5U9hF/2OGaq0swna hMCNI8Mm07eUTcAbfdVup44DjzqFugVUAYTYeDje43Q5y+KF8cWERX+5AQ0EXBkqNAEIALeW +e+/K1ZrbVS8zsA8loDW8WUqibZzBjEcmSvZyzvy9ZURrSXowPFG4thrE/fmg0IKm3NCfYHn la9bFI8tTuOFL3rZCSaGxfcxq9ocHUkXf3TviZ08qZG7Ql+Tgspn9LUlgUKNO5IZNZpX3YJC EVijYRFW1uXr7bZPfPHgYijV7uPrTmfwsopBDkfmGa25ACGqBsFi1i+1F7o3T0hJrHavdpG+ pF/CCUxFAETbJp4GWj8oSqbk6C4++8D0qLrKxGtUrDT1y5CC+NinXImDI3yjTQUXRSlTVO6z 18M5yowcRT/vxRnlCYcW8cWCdO//XQ9zXyGL5bL9isvJVC+PQ6cAEQEAAYkCJQQYAQgADwUC XBkqNAIbDAUJAfH/5gAKCRALf4tg4+364ydGEAC0EMGpe8MYqbfDGgqti8jg724kwwXjTk1A 01Q9EaTVSlVgaK4sL3IZ0+xfXzeyRHFWf9TTWm4657ni7bAudZGoLxUxKK7QABS3CCW5fxub KSxXQ+yDQpyim8NgrHoVeOht9drPKHQF/Q2YfZ6XqRCf0WaR8Lq3DLJpVpRS6W8JG4egTXdY oG842fO0uMwfbfKn22+bxr6KGolKX+4lgKU90+FLcgqDuXS8cAlMOFuhrgwL7lxlStYO/w6/ CGyFxrAnlZ/sXKbC34SZiVuOtJw7P87MNyQHw8XTBf/SlRTvm5JLdVIAGYxjJK6Fr7Fx5IHU vCP/PF2skyxE7L6TjEP8ZHrwdjhlrrxJXUDgRtsNGpDDp4Zn771m90qxOhHJ/c79fGf1S4go yxwM+4UqeBwDA3adC65XF2ASo0Z97/rgLJOU+C1sOp4xNUUCquUl8eivcco3EPTIP1UDPn2h zdoXPOqT0bdR6XloYmwNJZPwgDJYadSGR5Z6X+CTFzEejgq40xNUbfYR0lARRRw5bUT90KM9 uqM7ILmqESP6W+hB8tFsZF1Uk1RYco2caRPFPiPC059IY5RlKaZ5OwjwCU55A+yb3UA1qPKM KbRdVUDFvaRxzNxpFdYUkhl5Zu2P5aFjWEZeL8E+/1rZCuKkXj3ED22luoa4XmWEwtfpTw5S kQ== Subject: Re: [gentoo-project] Questions for Gentoo Council nominees: Gentoo Foundation - Treasurer Response! Message-ID: Date: Wed, 3 Jul 2019 15:45:08 +0200 User-Agent: Mozilla/5.0 (X11; Linux x86_64; rv:60.0) Gecko/20100101 Thunderbird/60.7.1 Precedence: bulk List-Post: List-Help: List-Unsubscribe: List-Subscribe: List-Id: Gentoo Project discussion list X-BeenThere: gentoo-project@lists.gentoo.org Reply-To: gentoo-project@lists.gentoo.org X-Auto-Response-Suppress: DR, RN, NRN, OOF, AutoReply MIME-Version: 1.0 In-Reply-To: Content-Type: multipart/signed; micalg=pgp-sha512; protocol="application/pgp-signature"; boundary="kQTaBuMtxkTeBRpcc3CCfZR2sx10eUMPH" X-Archives-Salt: ee2ca194-bb00-4093-96db-eb03cc0030b0 X-Archives-Hash: 09413ec2dd483e36a695b7771c533a90 This is an OpenPGP/MIME signed message (RFC 4880 and 3156) --kQTaBuMtxkTeBRpcc3CCfZR2sx10eUMPH Content-Type: multipart/mixed; boundary="wJwUVoTC1OElYi8nmSDLOt0VZCi5CG6j5"; protected-headers="v1" From: Kristian Fiskerstrand Reply-To: k_f@gentoo.org To: gentoo-project@lists.gentoo.org, Rich Freeman Cc: gentoo-nfp Message-ID: Subject: Re: [gentoo-project] Questions for Gentoo Council nominees: Gentoo Foundation - Treasurer Response! References: <86784617.NvtdGxuBOO@pinacolada> <635fbead-6e06-8d65-b1ec-3b05b47676e6@gentoo.org> In-Reply-To: --wJwUVoTC1OElYi8nmSDLOt0VZCi5CG6j5 Content-Type: text/plain; charset=utf-8 Content-Language: en-US Content-Transfer-Encoding: quoted-printable On 7/3/19 2:27 PM, Rich Freeman wrote: > On Wed, Jul 3, 2019 at 7:27 AM Kristian Fiskerstrand w= rote: >> >> On 7/3/19 12:47 PM, Rich Freeman wrote: >>> 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 >=20 > Certainly some forms of income aren't tax-exempt, and we should > definitely get a professional opinion on this. However, have you seen > anything to suggest GSoC specifically is taxable? >=20 [...] Not really. Arguably Gentoo is in the business of producing code, to receive monetary considerations for doing so is a related activity and not a spurious one, we also have (or have had) mentor projects etc that could be used to argue this case. I don't know, but if it is, it is a more significant taxable income than most other we have which is why I listed it first; the CPA/IRS which specialize in this under US tax law will figure it out for us. But I agree that the merchandise is a cleaner example, although not as regular and somewhat declining. > It is probably a good idea to consider that some income will be=20 > taxable. Of course, it is still only net profits that are taxable , so > any GSoC money spent on GSoC itself wouldn't be net-taxable even if=20 > the overall income would be (at least, that is my understanding). Right, although there aren't that many expenditures related to GSoC. >=20 > And of course if we were using an umbrella org the org itself would > have its compliance staff make these determinations and have rules > around this stuff. We wouldn't need to develop our own expertise and > chances are their staff could also make recommendations on how to > structure activities to minimize tax burden. If they're charging > based on net income then it would be in their interests to minimize > our taxes anyway. CPA would help us out in the case of foundation, iirc some tax forms needs to be filled out related to payment from google as well, but I haven't read these forms, they might shine some light on the interpretations :) >> >> Also needs to account for potentially higher future earnings, we haven= 't >> actually been doing active fundraising. >=20 > I have mixed feelings on this. Numbers-wise you're right - if some > professional umbrella org gets a shared of anything donated to > "Gentoo" they're going to be out there advocating for people to donate > to "Gentoo." As a result "Gentoo" will probably end up with a lot > more money. On the surface this seems like a good thing. On the > other hand, I do get concerned about what effect this could have on > the community and atmosphere of the project. >=20 > This is part of why I advocate for trying to reduce our dependency on > money and servers and so on. These things all potentially come with > strings attached, and I'd prefer to be more dependent on the goodwill > of our code contributors than the goodwill of our Its an interesting point, but I personally don't agree, the discussion is really too broad to take atm :) --=20 Kristian Fiskerstrand OpenPGP keyblock reachable at hkp://pool.sks-keyservers.net fpr:94CB AFDD 3034 5109 5618 35AA 0B7F 8B60 E3ED FAE3 --wJwUVoTC1OElYi8nmSDLOt0VZCi5CG6j5-- --kQTaBuMtxkTeBRpcc3CCfZR2sx10eUMPH Content-Type: application/pgp-signature; name="signature.asc" Content-Description: OpenPGP digital signature Content-Disposition: attachment; filename="signature.asc" -----BEGIN PGP SIGNATURE----- iQEzBAEBCgAdFiEEICl/zzfUVEdaBsDU24F+DhePmz8FAl0csWQACgkQ24F+DheP mz9xdAf+JXiBBROxLzlvCr9MQo9nyPhPyBSo4flehLGV3haFsMOJPkKcY+xNdWFe DheL+mjpawAot51SFTf6WEg+45bS1ky0dBcvUB978NejhRcEiJmbtN4tIhyc7Rq/ e9Th1oDuItOhfPtzbUIiD6CNBLCVvvy8n7T1C4KZ29iJ2WBji5UStChCK43vUOSM 37eU2XgQwq5CVADoaOHOCLcH2WXz0JeZTyZcuvsktSi2BrV+DNrGqTKblSdyJ5RG 3B8s+04w9ijJBr1iu91oa2zzmIywjGbnorNzrCUtf1pnxoRxNfsqVQR9o/CowmAf axTW5FLAVKWsrQ0RM3ryr0iE908A4w== =A1lV -----END PGP SIGNATURE----- --kQTaBuMtxkTeBRpcc3CCfZR2sx10eUMPH--