[Noisebridge-discuss] $500 donation - what would noisebridge do with it?
citizenkeys at gmail.com
Tue Jan 4 10:30:19 PST 2011
Having run a business before, and having a BBA in business management, I
think if we just spend cash and keep receipts that's "good enough" for
tax purposes. All cash that's physically present is effectively a "Cash
Account" that's the same as a bank account (a bank account called "Cash"
or "Cash Onhand" in whatever accounting software we use).
I'd like to spend the money on at least several different things, for
example $100 on the electrical materials, $200 on computer equipment,
and $200 on something else.
On 1/4/2011 10:23 AM, jim wrote:
> $500.00 is significant money for which patrick may
> want 501(c)3 tax credit, in which case he should give
> the money to the treasurer.
> i am sympathetic to respecting donors' wishes to
> donate things and/or money for specific purposes. i'm
> also sympathetic to rejecting such dedicated
> donations if they're more hassle than valuable. but
> i'm not aware of any way-inappropriate or high-hassle
> factor donations so far.
> On Tue, 2011-01-04 at 01:52 -0800, Albert Sweigart wrote:
>> Honestly, I think rent would be the best way that money can be used
>> even if it is not the most visible. We currently don't accept
>> donations for specific projects because it creates an overhead for the
>> treasurer& co. If you know of some people working on things at NB,
>> it'd probably be easier to give them the money directly.
>> On Tue, Jan 4, 2011 at 1:44 AM, Patrick Keys<citizenkeys at gmail.com> wrote:
>>> Long story short, I get paid next week. I had planned and budgeted a
>>> month ago to donate $500 to Noisebridge, with the condition that the
>>> money be spent on some sort of improvements, projects, or combination of
>>> things that we generally agree (members and non-members alike) would
>>> improve the space (not rent).
>>> So use this thread to discuss and reach a consensus.
>>> Noisebridge-discuss mailing list
>>> Noisebridge-discuss at lists.noisebridge.net
>> Noisebridge-discuss mailing list
>> Noisebridge-discuss at lists.noisebridge.net
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