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On 08/03/2011 01:31 PM, Florian Effenberger wrote:
Hi,

Jonathan Aquilina wrote on 2011-08-03 10:12:
Not to worry. The problem through us is hefty electricity fees :(

no problem.

Florian would you like me to put ya in contact wiht someone from sales
so you can get a quote?

Thanks a lot - not for the moment. I guess we should talk about world-wide servers when the Foundation indeed exists as legal entity.

Florian

The foundation is not a legal entity yet? The paperwork must be "complex" or just having to deal with "regulation happy" and "paperwork happy" governments.

I know one local not-for-profit group that chartered a certain way that they did not know until too late that they were very limited in ways to raise funds. They had a fund raiser written up in the papers and the State Tax people sent the group a nasty note telling them they broke several laws/regulations for non-profit fund raising and the fines were going to take most of the money raised away from them. The current President was the co-founder and he just passed the buck to the Treasurer to fix the problem, when it was the President who started the fund raiser and the board of directors found out about it by reading the same article the government officials read.

So, the foundation charter/entity paperwork really needs to be done carefully and thereby needing lawyer who will know all the hidden regulations. When I created Kracked Press Productions [no longer doing that work anymore and closed it down, mostly] the lawyer fees were high to protect me and mine from regulatory and legal issues.



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