[ubuntu-za] Ubuntu-ZA Moving Forward

[Raoul Snyman]

On Sunday 11 April 2010 20:01:02 David Rubin wrote:
> Do we:
> 1) Set up a dedicated bank account,
> 2) Set up a paypal account,
> 3) Appoint a person to keep track of the funds (publicly) and just
> keep the money safe, or
> 4) Hide some money under a bed.

I think that we can get funding, but unfortunately all 4 of these options rely 
on one thing: having a person manage the finances. And no one ever really 
wants that job (no matter what they say).

I think that having *sponsors* rather than *donors* is a better idea. A 
sponsor can sponsor something like hosting or a VPS or something. Then no 
money has to exchange hands (which you need a legal entity for, btw) and no 
one is dumped with the job of being treasurer.

Also, from the company's perspective, often it's easier from an accounting 
point of view to work with sponsorship than with donations.

-- 
Raoul Snyman, B.Tech IT (Software Engineering)
Saturn Laboratories
m: 082 550 3754
e: raoul.snyman at saturnlaboratories.co.za 
w: www.saturnlaboratories.co.za 
b: blog.saturnlaboratories.co.za