[Board] Financial limit on advances and guarantees to FOSS4Gs

[Cameron Shorter]

Hi Jeff, board, and conference committee,

To provide context, in 2009, at the end of the early bird registration 
we had significantly fewer registrations than projected, are we were 
looking to potentially suffer a $60K to $70K loss.
With a lot of hard work, and nervous concern, we managed to bring the 
conference back to a modest profit. However, I'd suggest that a loss 
within the $50K to $150K range should be considered possible, even with 
good management. A global security scare, health scare, or financial 
crisis could easily trigger such a loss.

Warm regards,
Cameron

On 25/08/2015 12:38 am, Jeff McKenna wrote:
> Hi Board,
>
> Below is a question from Steven.  Obviously I cannot answer/approve 
> this myself, we need input from the OSGeo Board and Treasurer.  I just 
> logged into the online OSGeo bank account, and I see 393,000 USD 
> available (the Treasurer would have to update us if some of that is 
> promised elsewhere, or if we are expecting more).  Steve and Till: how 
> much funding should we have available to cover FOSS4G 2016?
>
> -jeff
>
>
>
> ***
> On 2015-08-24 8:44 AM, Steven Feldman wrote:
> > Jeff, wearing my prudent financial hat - do OSGeo have enough free 
> funds
> > to issue advances and guarantees to 2016 until the results are in from
> > 2015?
> > ______
> > Steven
>
>
>
>
> _______________________________________________
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> Board at lists.osgeo.org
> http://lists.osgeo.org/mailman/listinfo/board

-- 
Cameron Shorter,
Software and Data Solutions Manager
LISAsoft
Suite 112, Jones Bay Wharf,
26 - 32 Pirrama Rd, Pyrmont NSW 2009

P +61 2 9009 5000,  W www.lisasoft.com,  F +61 2 9009 5099