Re: VMs: "The VMs Research Foundation"...?

[Nick Pelling <nickpelling@xxxxxxxxxxxxxxx>]

Hi Dan,

Thank you very much for sharing your thoughts and experiences: it seems 
that I'm trying to wear both a board trustee hat and a research institute 
director hat - probably impractical for the kind of governance structure 
you describe.

Basically, I'm thinking of a charitable foundation not so much for tax 
reasons as for giving donors confidence that their money would go directly 
to useful VMs research that would be directly (and openly) shared with our 
whole community of researchers. I should make it completely clear that I'm 
not looking to raise more than a few thousand dollars over a few years - 
chickenfeed in the big scale of things - so would prefer any solution to be 
as simple and as transparent as possible.

I'll read up on not-for-profits next (IIRC, my cousin is the finance 
director for one, she should have plenty to say on the matter), see if 
that's a better fit for what I have in mind.

> There is lots to be done, but most of us have little time and money. 
> However, if we collected a bit of time and money from everyone, do we have 
> enough to get a foundation off the ground and rolling?

Perhaps a small foundation, not very far off the ground, and (...erm...) 
rolling very slowly? :-o

Thanks again, .....Nick Pelling..... 


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