Hi,
Jay Lozier wrote on 2012-10-02 17:53:
Another potential issue is the exact German legal status of the TDF may
restrict how much money the TDF can have and what can be done with the
money. Someone knowledgeable about the relevant German law can explain
it, Non profit groups in the US (where I am) have certain legal
financial restrictions about funding, endowments, operating cash,
spending, etc. and if you do not follow the regulations, in the US, your
non-profit status can be revoked usually by the IRS (tax collectors).
that's no real issue. Yes, there are rules and limitations, but these
mostly affect how you spend your money. If we get money by donations,
and use it for things outlined in our statutes, it's not a real problem.
Of course, if we back millions of dollars, without any plan how to spend
it, that would be bad - but we are not in such a situation. :) So, right
now: The more, the better.
Florian
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