On Sat, May 7, 2016 at 10:12 AM, Adam Holt <h...@laptop.org> wrote: ...
> In other words that SL's effective payment to SFConservancy (for > legal/financial/administrative service) is equal to 10% of all expenditures > (outlays) each fiscal year, i.e. March 1st to end of February. > > (But someone else can correct me if I'm wrong!) I think you are wrong, but I am still looking for the proof. It is my understanding that SFC takes 10% of incoming donations only, not a 10% cut of all transactions (inbound and outbound). That is what is described in their template Fiscal Sponsorship Agreement. http://sfconservancy.org/docs/sponsorship-agreement-template.pdf "Fees. The FIXME-SIGNATORIES agree to donate ten percent (10%) of the Project's gross revenue (including, but not necessarily limited to, all income and donations) to Conservancy for its general operations." I'm looking for an executed copy of the current SugarLabs-SFC FSA to confirm, unfortunately the wiki version looks at variance with the template, but as a wiki page, it has no "official" status. https://wiki.sugarlabs.org/go/Sugar_Labs/SFC_Fiscal_Agreement cjl _______________________________________________ IAEP -- It's An Education Project (not a laptop project!) IAEP@lists.sugarlabs.org http://lists.sugarlabs.org/listinfo/iaep