[OSGeo-Discuss] OSGeo Fundraising
afdoyle at MIT.EDU
Mon Jun 16 10:33:04 PDT 2008
Regarding the income side of the budget, I recommend looking at IRS
form 8734 , which will have to be filled out at the end of the 5th
year of being a 501(c)(3) organization. OSGeo will have to pass the
"public support test" of getting at least 33% of its support from
"public sources". That 33%, if I recall correctly must be made up of
donations of $5000 or less. That means $35,000 in chunks smaller than
5K for the budget shown.
I think this is why Creative Commons had that huge donation push a
couple of years ago, when they realized they were about to bump into
It can be far harder to get a lot of little donations than a few big
ones. If OSGeo fails the test, it can cause some major tax and
Better to think about it now and build it into the fundraising.
On Jun 16, 2008, at 12:19 PM, Frank Warmerdam wrote:
> Landon Blake wrote:
>> Another thing I've been curious about is how any funds raised will be
>> spent or dispersed. I know we need to pay Tyler's salary. What other
>> things do we need to pay for? Do we help fund the FOSS4G
>> conference? Do
>> we fund work/infrastructure for specific projects?
>> I'd like to learn more about this. I think a web page geared towards
>> potential contributors with a concise explanation of how duns are
>> would be an aid to fundraising efforts, if we will ever have any.
> The 2008 budget might help you see what we plan to spend money on.
> Hopefully the 2007 annual report will be finished soon, and it
> will include a financial report on spending during 2007.
> Best regards,
> I set the clouds in motion - turn up | Frank Warmerdam, warmerdam at pobox.com
> light and sound - activate the windows | http://pobox.com/~warmerdam
> and watch the world go round - Rush | President OSGeo, http://osgeo.org
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> Discuss at lists.osgeo.org
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