On Fri, 2012-11-30 at 16:01 -0500, Bradley M. Kuhn wrote:
Bryce Harrington wrote at 17:03 (EST) on Thursday:
> One other question that came up was if this income would
include
> "pass-through" funds, such as situations we've had in the past where
> Google or some other organization sponsored travel or funded work by a
> developer by donating it to Inkscape via the Conservancy, and then the
> developer was paid via Inkscape. Would the rule cover this type of
> income as well?
The two examples you give are generally handled differently. For true
reimbursement of expenses (e.g., Google gives us the exact amount of a
flight, as part of a program that reimburses only travel costs),
Conservancy has generally not taken 10% of that. From an accounting
perspective, "income" and "reimbursement of expenses" are accrued
differently.
For anything that's actual income, like a donation from Google, or
anyone else, that's income to Conservancy. The IRS sees it that way
fully. Conservancy does have an agreement with the Inkscape developers
to say that we'll keep that money in the Inkscape Fund and spend on
stuff that (a) advances Inkscape, (b) is approved by the Inkscape
Committee, and (c) is fitting with Conservancy's IRS charitable mission.
What Conservancy now does for all new projects, (and most of our
founding ones too, who have converted), is that 10% of any of that
Income goes into Conservancy's general fund, and the rest goes into the
Project Fund.
With this clarification that "income" and "reimbursement of expenses"
are treated differently and that "reimbursement of expenses" is not
included in the 10%, I vote yes to change our agreement with SFC to give
them 10% of our earmarked revenues.
Tav