[Foundation-l] Re: Donation drive stopped early with insufficient funds collected

Tue Sep 6 17:26:02 UTC 2005

Tim Starling wrote:

> I'm wondering why the donation drive was stopped early, before the
> enough money was collected to cover the Foundation's Q3 budget of
> $198,000. After our discussion in August about the German chapter, I
> thought it was fairly clear that those funds could not be used for the
> general operating expenses of the Florida Foundation.
> 
> So the fundraising drive raised $220,849 - $36,866 = $183,983 towards
> the operating costs of the Foundation. This leaves a shortfall of
> $198,000 - $184,983 = $14,017.
> 
> The Verein has nominated a few things that they would like to spend
> money on, such as hardware within Germany, and that's all very well, I'm
> sure it will help with our general mission. But those costs are not part
> of the Florida Q3 budget, they are part of the Verein budget. So the
> shortfall still remains.
> 
> This is really just an accounting error. What needs to be done now is
> the Florida budget needs to be revised downwards, by cutting out items
> that might instead be purchased by the Verein. Then the Verein needs to
> produce their own budget. Only then will we have a consisent story to
> tell to our generous donors.
> 
> -- Tim Starling

I spill it ?

Right, I spill it.

This is a flood issue.

http://en.wikipedia.org/wiki/MediaWiki_talk:Sitenotice#Time_to_replace_the_second_line 
will clarify things probably.

Anthere