RE: RE: Status of the foundation?
What is there to be gained by setting up a new foundation? Just asking. -----Original message----- From: Sarah Julia Kriesch <ada.lovelace@gmx.de> Sent: Friday 9th August 2024 15:53 To: Patrick Fitzgerald <patrickf@i-layer.com> Cc: Björn Bidar <bjorn.bidar@thaodan.de>; project@lists.opensuse.org Subject: Aw: RE: Status of the foundation? Hi Patrick, A "general" GmbH costs around 25.000Euros in Germany. But there is also the possibility of founding a "Mini GmbH". That exists also as "gemeinnützig" (charity in English). Founding costs are 1Euro. Here is an example article: https://fzf.de/ug-haftungsbeschraenkt-gmbh-ggmbh/ If we achieve a capital about 25.000Euros, the Mini GmbH will be transferrred to a gGmbH then. The study foundation, where I reveived the money from during my Bachelor studies was also a gGmbH (gemeinnützige GmbH). Best regards, Sarah Gesendet: Freitag, 09. August 2024 um 14:08 Uhr Von: "Patrick Fitzgerald" <patrickf@i-layer.com> An: "Björn Bidar" <bjorn.bidar@thaodan.de> Cc: "project@lists.opensuse.org" <project@lists.opensuse.org> Betreff: RE: Status of the foundation? -----Original message----- From: Björn Bidar <bjorn.bidar@thaodan.de> Sent: Friday 9th August 2024 0:07 To: Patrick Fitzgerald <patrickf@i-layer.com> Cc: project@lists.opensuse.org Subject: Re: Status of the foundation? Patrick Fitzgerald <patrickf@i-layer.com> writes:
Hi Attila,
As a result of questions asked elsewhere (and here), I have further information in relation to the questions you have raised here.
Firstly: I do not have more than 75% of the voting rights as suggested below. That was the case /at the time/ of forming the not-for-profit foundation, as someone has to do it - take a look at the "Filing history" tab at [1], there you can see that the link that you provided is dated 14 February 2023.
Was it already decided where this entity would be based? Other's such as for example KDE have a German e.V. entity. After I prepared a feasibility report for the board, I decided to just the create the foundation in the UK, as it could be done there with little up front cost. I determined that it would better to have something now rather continued discussions about potential names, locations, memberships and so on. As a result, we now have a Not for Profit Corporation, (soon to become Registered UK Charity), banking, insurance, and accounting functions. We are working on how to provide infrastructure, on a global basis, with some of the largest providers in the world. We have been sponsors at numerous events. Money, which was previously held* because there was no where for it to go - (who wants to donate money to a public company? * ) is now in the in the hands of the Geeko Foundation. SUSE are channelling their Travel Support directly to us, and we are receiving donations on a weekly, sometimes a daily basis, directly from the events we attend (FOSDEM alone raised about €1000), from the geekos.org website, and from the sponsorship links in the Welcome app. But back to your point - my sources said that it would have required €25000 in front up capital, plus legal costs, to establish the appropriate organisation in Germany. In the UK it was about £100.00. The location should not be an issue (though we planning on creating a 501(c)3 in the US and similar somewhere in the EU), simply because focusing on location will lead you to recreate the same infra in every country... making it all unmanageable. * From memory, every t-shirt that was sold "earned" openSUSE €5.00. But it was kept in the distributors account because "openSUSE" was just a name - with no bank account. Those funds were the first to arrive.
At the same time, /articles of association/ where adopted, in which the rules that the govern the organisation are defined. Following that date two more trustees were appointed. All of us have to abide by the articles of association, by law. You can view the entire articles of association on the last link of the filing history link above.
The three community members have devoted a great deal of time to set up a foundation with the sole purpose of benefiting the entire community. We have been open every step of the way and continue to be so. We welcome all comments and constructive feedback so that we may shape a foundation that works for everyone. If any additional clarification is wanted or required, we are here for the entire community.
We are happy to set up a call to address any questions that the community may have. In the meantime, we remain at the community's disposal and can be reached on Telegram at https://t.me/geekos_org anytime.
Also, FWIW, it doesn't have to be called the Geeko Foundation - the domain name was available so I grabbed it!
Personally I would prefer if the foundation could keep/take the openSUSE name since IMHO better if the issues between openSUSE and SUSE get resolved. That would be nice, but in my opinion, with assistance (ie, marketing) from SUSE it might be better to have a different name, whilst keeping the "product names". Two things that I have noticed in every openSUSE booth that I have attended in the last two years are: * "Oh yes! SUSE! Wow, you know, I used to use that in my early days..." (but not more, and they move on) * "openSUSE? What's that... is it related to SUSE?" (This triggers a discussion of what the differences are, not what the offering actually is, and then they move on.) There is clearly confusion out there in the world about what the differences are. openSUSE was and is a springboard to SUSE as SLE from my point of view, the relation or base is there but they targeted to different audiences. 100% agreed. Perhaps Leap could be "Leap, donated by SUSE" for example. (or "powered by"?) However another name would fit given the relation of the origin of SUSE and thus openSUSE would be to name the foundation after Konrad Zuse, a German computer pioneer. But after thinking a bit even thou from openSUSE to openZUSE sounds kinda funny it is not that good. I'm pretty sure that that would violate some trademarks as well... ;) Loosing the SUSE name in openSUSE would be a major recognition factor loss, from a German/EU point of view that is. As above re Leap. It doesn't have to be that way, it isn't like SUSE would be abandoning the community.
Best regards - Patrick
[1] https://find-and-update.company-information.service.gov.uk/company/14662457
On 08/07/2024 03:50, Attila Pinter wrote:
Hi,
I found that the talk Shawn linked[1] to didn't address many of my questions. Since I couldn't attend the conference, I'm raising them here. Please note that these questions are not criticisms of the foundation or any of its trustees. They are simply checks and balances inquiries, as I couldn't find information addressing these concerns. While talk is cheap, written communication provides clarity ;)
Firstly, has the foundation established an agreement with the Board to act as a financial vehicle for the project? Is there a Memorandum of Understanding (MoU) that the Board members or the Chairman have signed, confirming that the Geekos Foundation can and should fulfill this role?
The foundation has been active for over a year, yet we haven't seen much information from the Board recognizing the Geekos Foundation as the official foundation of the project. Why is that? If the foundation is indeed recognized as the official foundation for the project, this should be communicated clearly by the Board.
Additionally, where can we find the annual reports of the foundation? Even if the foundation hasn't managed any funds since it was established, a report should still be released, as I believe - but could be wrong - this is required by law.
Is there a document that clearly defines the roles and boundaries of the foundation? For example, can it fund development requested by a sponsor, or can it cease funding projects similarly? Who decides where the funds go? Are these voted upon by the trustees?
Lastly, I noticed that Patrick holds 75% of the voting power[2] in the foundation. Is there a reason for this, whether legal or otherwise?
-- Br, A.
1:https://media.ccc.de/v/4091-everything-you-wanted-to-know-about-geekos-but-d... 2:https://find-and-update.company-information.service.gov.uk/company/14662457/...
Am Fr., 9. Aug. 2024 um 17:06 Uhr schrieb Patrick Fitzgerald <patrickf@i-layer.com>:
What is there to be gained by setting up a new foundation?
It would be nice if the "foundation" would be a charitable organisation for European tax authorities so that contributions from Europe would be tax-exempt. Best Martin PS: Please learn to quote.
Gesendet: Freitag, 09. August 2024 um 17:11 Uhr Von: "Martin Schröder" <martin@oneiros.de> An: "project@lists.opensuse.org" <project@lists.opensuse.org> Betreff: Re: RE: Status of the foundation?
Am Fr., 9. Aug. 2024 um 17:06 Uhr schrieb Patrick Fitzgerald <patrickf@i-layer.com>:
What is there to be gained by setting up a new foundation?
It would be nice if the "foundation" would be a charitable organisation for European tax authorities so that contributions from Europe would be tax-exempt.
Best Martin
PS: Please learn to quote.
The "gemeinnützige UG (Mini GmbH)" would match this requirement. Best regards, Sarah P.S. If anybody knows a volunteering Notar in Germany (or has got one in his family), the costs can be kept really on 1Euro (until 100Euro).
On 09/08/2024 17:11, Martin Schröder wrote:
Am Fr., 9. Aug. 2024 um 17:06 Uhr schrieb Patrick Fitzgerald <patrickf@i-layer.com>:
What is there to be gained by setting up a new foundation? It would be nice if the "foundation" would be a charitable organisation for European tax authorities so that contributions from Europe would be tax-exempt.
True, which is why we are setting up this kind of entity in the EU, as well as the USA. But certainly the private donors that I have spoken to don't seem to care, and the largest ones tend to have offices in the UK anyway. The mid-sized ones... we'll work on that. Point taken though, it is a nice to have, which is why we are taking the steps above.
Best Martin
PS: Please learn to quote. now using Thunderbird instead of Kopano, is this better? ;)
--
Hi Patrick, Debian Developers have suggested us at oSC to setup different foundation locations equal to them: https://www.debian.org/donations Do we want to start with that? Gesendet: Freitag, 09. August 2024 um 19:08 Uhr Von: "Patrick Fitzgerald" <patrickf@i-layer.com> An: project@lists.opensuse.org Betreff: Re: Status of the foundation? On 09/08/2024 17:11, Martin Schröder wrote: Am Fr., 9. Aug. 2024 um 17:06 Uhr schrieb Patrick Fitzgerald<patrickf@i-layer.com>[mailto:patrickf@i-layer.com]:
What is there to be gained by setting up a new foundation? It would be nice if the "foundation" would be a charitable organisation for European tax authorities so that contributions from Europe would be tax-exempt. True, which is why we are setting up this kind of entity in the EU, as well as the USA. But certainly the private donors that I have spoken to don't seem to care, and the largest ones tend to have offices in the UK anyway. The mid-sized ones... we'll work on that. Point taken though, it > is a nice to have, which is why we are taking the steps above. Best Martin
It is interesting, that you are calling UK as part of the EU after the Brexit. Default, it is no part of the EU any more: https://eur-lex.europa.eu/content/news/Brexit-UK-withdrawal-from-the-eu.html There is only a "cooperation" between EU and UK. I would suggest to setup a separate Geeko Foundation location within Europe and we take Debian as a role model open source project in this direction, how to handle donations from different locations. Best regards, Sarah --
Hi Sarah, On 10/08/2024 11:11, Sarah Julia Kriesch wrote:
Hi Patrick, Debian Developers have suggested us at oSC to setup different foundation locations equal to them: https://www.debian.org/donations Do we want to start with that?
See below. We already already in the process of applying for 501(c)3 status in the US(which takes 90 days with the IRS), and working on the same for the EU. However, I will look at the way they have done it and see if there is anything to learn, and apply it.
What is there to be gained by setting up a new foundation? It would be nice if the "foundation" would be a charitable organisation for European tax authorities so that contributions from Europe would be tax-exempt. True, which is why we are setting up this kind of entity in the EU, as well as the USA. But certainly the private donors that I have spoken to don't seem to care, and the largest ones tend to have offices in the UK anyway. The mid-sized ones... we'll work on that. Point taken though, it > is a nice to have, which is why we are taking the steps above. Best Martin It is interesting, that you are calling UK as part of the EU after the Brexit. Er.. I am doing no such thing. Not sure where you get that impression. I am a "Brexit refugee", after 25 years of living in London. I think that I explain that every time I do a presentation! Default, it is no part of the EU any more: https://eur-lex.europa.eu/content/news/Brexit-UK-withdrawal-from-the-eu.html There is only a "cooperation" between EU and UK. I know this. (but perhaps with a new government the cooperation will be higher? We'll see.) I would suggest to setup a separate Geeko Foundation location within Europe and we take Debian as a role model open source project in this
Gesendet: Freitag, 09. August 2024 um 19:08 Uhr Von: "Patrick Fitzgerald" <patrickf@i-layer.com> An: project@lists.opensuse.org Betreff: Re: Status of the foundation? On 09/08/2024 17:11, Martin Schröder wrote: Am Fr., 9. Aug. 2024 um 17:06 Uhr schrieb Patrick Fitzgerald<patrickf@i-layer.com>[mailto:patrickf@i-layer.com]: direction, how to handle donations from different locations.
As above, we are in the process of doing this, but will look into the way they are doing it for lessons they have learned. Am particularly interested in their choice of Switzerland... We are also looking into the way that the Raspberry Pi Foundation is operating,as they seem to be a very effective at what they do. In addition, in my view, the biggest advantage to achieving "charitable status" in most counties is that the Foundation (wherever it is located) is free of corporation tax, meaning that all funds retained year-to-year is not taxed. Best regards - Patrick
Best regards, Sarah
Gesendet: Samstag, den 10.08.2024 um 13:14 Uhr Von: "Patrick Fitzgerald" <patrickf@i-layer.com> An: project@lists.opensuse.org Betreff: Re: Status of the foundation?
Hi Sarah,
On 10/08/2024 11:11, Sarah Julia Kriesch wrote:
Hi Patrick, Debian Developers have suggested us at oSC to setup different foundation locations equal to them: https://www.debian.org/donations Do we want to start with that?
See below. We already already in the process of applying for 501(c)3 status in the US(which takes 90 days with the IRS), and working on the same for the EU.
However, I will look at the way they have done it and see if there is anything to learn, and apply it.
What is there to be gained by setting up a new foundation? It would be nice if the "foundation" would be a charitable organisation for European tax authorities so that contributions from Europe would be tax-exempt. True, which is why we are setting up this kind of entity in the EU, as well as the USA. But certainly the private donors that I have spoken to don't seem to care, and the largest ones tend to have offices in the UK anyway. The mid-sized ones... we'll work on that. Point taken though, it > is a nice to have, which is why we are taking the steps above. Best Martin It is interesting, that you are calling UK as part of the EU after the Brexit. Er.. I am doing no such thing. Not sure where you get that impression. I am a "Brexit refugee", after 25 years of living in London. I think that I explain that every time I do a presentation! Default, it is no part of the EU any more: https://eur-lex.europa.eu/content/news/Brexit-UK-withdrawal-from-the-eu.html There is only a "cooperation" between EU and UK. I know this. (but perhaps with a new government the cooperation will be higher? We'll see.) I would suggest to setup a separate Geeko Foundation location within Europe and we take Debian as a role model open source project in this
Gesendet: Freitag, 09. August 2024 um 19:08 Uhr Von: "Patrick Fitzgerald" <patrickf@i-layer.com> An: project@lists.opensuse.org Betreff: Re: Status of the foundation? On 09/08/2024 17:11, Martin Schröder wrote: Am Fr., 9. Aug. 2024 um 17:06 Uhr schrieb Patrick Fitzgerald<patrickf@i-layer.com>[mailto:patrickf@i-layer.com]: direction, how to handle donations from different locations.
As above, we are in the process of doing this, but will look into the way they are doing it for lessons they have learned. Am particularly interested in their choice of Switzerland...
We are also looking into the way that the Raspberry Pi Foundation is operating,as they seem to be a very effective at what they do.
In addition, in my view, the biggest advantage to achieving "charitable status" in most counties is that the Foundation (wherever it is located) is free of corporation tax, meaning that all funds retained year-to-year is not taxed.
That is the reason for choosing Switzerland as a location at Debian. Big companies are well known to use Switzerland or Luxembourg for money transfer because of less tax. But that should be unimportant regarding the charitable status. Best regards, Sarah
Best regards - Patrick
Best regards, Sarah
On Sat 2024-08-10, Sarah Julia Kriesch wrote:
It is interesting, that you are calling UK as part of the EU after the Brexit. Default, it is no part of the EU any more: : I would suggest to setup a separate Geeko Foundation location within Europe
Did you mean EU here? (The UK is still part of Europe.) Gerald
Gerald Pfeifer <gp@suse.com> writes:
On Sat 2024-08-10, Sarah Julia Kriesch wrote:
It is interesting, that you are calling UK as part of the EU after the Brexit. Default, it is no part of the EU any more: : I would suggest to setup a separate Geeko Foundation location within Europe
Did you mean EU here? (The UK is still part of Europe.)
In which context? In the cultural context yes for sure but in the legal being a part of the European Union? No.
Martin Schröder <martin@oneiros.de> writes:
Am Fr., 9. Aug. 2024 um 17:06 Uhr schrieb Patrick Fitzgerald <patrickf@i-layer.com>:
What is there to be gained by setting up a new foundation?
It would be nice if the "foundation" would be a charitable organisation for European tax authorities so that contributions from Europe would be tax-exempt.
That and from my point of view I have a hard time trusting a UK based entity as it is outside of the EU.
participants (5)
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Björn Bidar
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Gerald Pfeifer
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Martin Schröder
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Patrick Fitzgerald
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Sarah Julia Kriesch