On Sat, Feb 26, 2011 at 2:56 AM, Volker Braun <vbraun.n...@gmail.com> wrote: > On Saturday, February 26, 2011 7:05:42 AM UTC, William wrote: >> >> > (in the US) it is very difficult to set up a non-profit and make sure >> > you >> > are and remain in compliance with all rules. >> >> This is all true. I got around this so far via the University of >> >> Washington, which has an army of accountants, lawyers, etc. > > Its true that its nice to have the university backing. But depending on how > much overhead the University charges this may or may not be a cost-effective > way of running things. I take it that they take far less than the usual rate > (40%?) from private donations?
The Univ of Washington charges 0% overhead (so absolutely nothing!) on private donations and also on donations from companies. They charge 56% overhead on certain parts of NSF grants. They charge 56% overhead on most other grants. -- William > Volker > > > -- > To post to this group, send an email to sage-devel@googlegroups.com > To unsubscribe from this group, send an email to > sage-devel+unsubscr...@googlegroups.com > For more options, visit this group at > http://groups.google.com/group/sage-devel > URL: http://www.sagemath.org > -- William Stein Professor of Mathematics University of Washington http://wstein.org -- To post to this group, send an email to sage-devel@googlegroups.com To unsubscribe from this group, send an email to sage-devel+unsubscr...@googlegroups.com For more options, visit this group at http://groups.google.com/group/sage-devel URL: http://www.sagemath.org
