[Noisebridge-board] fiscal sponsorship

rachel lyra hospodar rachelyra at gmail.com
Tue Jul 30 17:33:44 UTC 2013


On rereading I think it might be also helpful to spell out that 'fiscal
sponsorship' is a term of art for nonprofit accounting that does not mean
'giving money to' but rather can mean a lot of different types of
relationships where a project is in some way brought under the legal
umbrella of the parent org.

R.
On Jul 30, 2013 10:31 AM, "rachel lyra hospodar" <rachelyra at gmail.com>
wrote:

> Perhaps I haven't been clear about my goals or intent. Some folks I know
> are doing a project to raise funds. They plan to raise those funds,
> themselves, crowdsource. We are seeking to extract if anything, previously
> executed administrative labor from noisebridge (ie nonprofit status), and
> in return wish to share a percentage of the money they raise with NB. I am
> volunteering to bridge the admin gap with labor, and expect to need danny
> (our current treasurer right?) to need to do some extra work as well. The
> only way noisebridge would be financially involved would be to handle
> *additional* money raised in another community, and take 5%. At this point
> 'handle the money' means not in an ongoing fashion, but for one finite
> crowdsource campaign, where as I understand it basically NB would receive a
> lump sum (raised exclusively by this project), one time, and then give most
> of it back to the OTH project, keeping 5%.
>
> Does NB fiscally sponsor any projects? Is a big question.
>
> This may not be the project to answer it with, but I guess I am more
> generally curious about this since I understood it to be part of the
> mission.
>
> I remember talking someone out of seeking fiscal sponsorship for his LED
> project a year or so ago, because he needed a bunch of help and also had a
> relationship with another org that was more used to doing this. Tom was
> involved in this discussion, and it was on the mailing list and in a
> meeting. It would have been way faster to just tell him no, instead of
> spending a bunch of time talking the guy from that other org into
> restructuring the relationship with LED guy so his org did all the work,
> instead of us.
>
> If we simply don't do fiscal sponsorship that's way easier! But again, I
> have thought that this is a thing we do for some time. Not often, but
> possible. Only for certain types of projects? Ie technical infrastructure
> that fits under the roof and has 4 members to bottomline it? Projects where
> core membership trusts the bottomline folks to actually execute?
>
> R.
> On Jul 30, 2013 3:54 AM, "Andy Isaacson" <adi at hexapodia.org> wrote:
>
>> On Sun, Jul 28, 2013 at 09:57:09AM -0700, rachel lyra hospodar wrote:
>> > I realize that a lot of my reasoning relates to, why this idea, why
>> right
>> > now, and I realize the general objection is broader than that. I support
>> > the idea of noisebridge fiscally sponsoring projects beyond what can
>> > physically fit under its roof. One of the reasons I pushed for creating
>> > structure with the tor project was so folks could springboard on what
>> was
>> > already done to reuse it at other times for other projects. Perhaps if
>> that
>> > capability/structure exists for sponsoring certain kinds of projects,
>> let's
>> > spell out what kinds.
>>
>> I strongly opposed using noisetor as a vehicle for "cracking open the
>> nut" of "how to extract money from noisebridge", and I still do.  It is
>> hard to get Noisebridge to spend money.  This is a feature.  Please do
>> not try to build ways for people to more easily extract money from
>> Noisebridge.
>>
>> -andy
>>
>
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://www.noisebridge.net/pipermail/board/attachments/20130730/c2393d07/attachment-0001.html>


More information about the Board mailing list