Re: [tdf-discuss] Foundation Fundraising

----- Original Message ----

> From: Ian Lynch <ianrlynch@gmail.com>
> On 8 February 2011 11:34, Florian Effenberger <floeff@documentfoundation.org
> >  wrote:
>
> > Hi,
> >
> > thanks for your contributions, great to  see things moving! :-)
> >
> > Well, I think opening an US bank account  is problematic at least from the
> > time perspective, but maybe also from a  legal PoV - our association might
> > not be eligible to do so, as we are  accredited in Germany and have special
> > tax rules applied  here.
> >
> > Jonathan Aquilina wrote on 2011-02-08  10.18:
> >
> >  Is the TDF an NGO. If its based in the EU the  organization can possibly
> > > get a lot of funding from the EU  itself.
> >
> > IIRC, the EU only funds existing entities,  i.e. they will only fund us when
> > the Foundation itself  exists.
>
> That is correct. One avenue would be to create a company  limited by
> guarantee or Community Interest Company in the UK - costs about 50  Euro and
> then use that to raise money to set up the German Foundation after  say a
> year and just transfer any surplus money. Note that for EU grants you  have
> to submit accounts so probably you need a years operation to generate  those.
> So the earlier the better. Of course there are some advantages to  having two
> sister companies since they could be partners in an EU project.  That could
> even be a deliberate strategy. You could then get money for study  visits and
> mobilities between them. Organise a preparatory meeting at one and  you have
> the potential for people from other countries to get paid by their  NA to
> attend the meeting. You could even set up a thematic network with  funding
> for partners to travel meet and discuss  things.

Why resort to deception and Microsoft-esque tactics to promote LO?
That is all having two companies owned by the same collective would do.

So while it may be expedient to setup one company for a short term to raise 
money
in order to convert to the other in the future (no problem), if that is done 
then the first
should be shut down upon conversion.

Everything you mention, aside from the deceptive partnerships, can be done with 
one entity.

Ben

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