On 01/07/19 11:02, Michael Everitt wrote: > On 01/07/19 10:52, Michał Górny wrote: >> On Mon, 2019-07-01 at 10:31 +0100, Roy Bamford wrote: >>> On 2019.07.01 08:50, Michał Górny wrote: >>>> On Sun, 2019-06-30 at 17:55 -0400, Aaron Bauman wrote: >>>>> On Sun, Jun 30, 2019 at 05:54:35PM -0400, Aaron Bauman wrote: >>>>>> On Sat, Jun 29, 2019 at 01:49:58AM +0200, Andreas K. Huettel >>>> wrote: >>>>>>>> Isn't it about time we quit pinning the mistakes of the past >>>> on the >>>>>>>> officers of the present? >>>>>>> Well, yes. Though, we tried something in the past, it didnt >>>> work, we should do >>>>>>> it different in the future. >>>>>>> >>>>>>>> From what I understand, the present and recent >>>>>>>> officers have made extraordinary efforts to rectify the >>>> shortcomings of >>>>>>>> previous trustees >>>>>>> And that's great. >>>>>>> >>>>>>> But are you sure that we should require continuous >>>> "extraordinary efforts" >>>>>>> from trustees in the future, just to keep things running? >>>>>>> >>>>>>> FWIW, I endorse antarus / Alec for trustee. :) >>>>> No, once fixed, the books will likely be continued to be done by a >>>> full time CPA. >>>> >>>> Wouldn't a dedicated 'full time CPA' be more expensive than an >>>> umbrella >>>> that has a financial team for multiple projects? >>>> >>>> -- >>>> Best regards, >>>> Michał Górny >>>> >>>> >>> Ah, the nuances of the English language used between two non >>> native spears. >>> >>> A 'full time CPA' means that the person does that sort of work full >>> time. It does not mean that he or she works full time for any one >>> client. >>> >> Yes, I understand that. However, I still believe that a contract >> initiated between CPA and a single small-ish entity such a Gentoo >> involves more costs than fees taken by umbrella dedicated to multiple >> entities. Please correct me if I'm wrong. >> >> While I can agree that we need to pay more at the moment due to past >> issues, I also believe that we owe it to our donors that we try not to >> spend most of their money on unnecessary bureaucracy (read: keeping >> a dedicated Foundation if there's an alternative that works for Gentoo). >> > Has anyone got any ball-park figures for the costs of being part of an > umbrella organisation? > And how would this compare to the forecasted costs ongoing for Gentoo > Foundation Inc. or a future non-profit? > What would the tax implications of an umbrella org look like, vs Gentoo > keeping these in-house? > Finally, would the Council (prospective) prefer to pay an additional cost to an Umbrella org to be free of Gentoo Foundation or other sub-project?