X.Org Foundation Board of Directors 2010 Election

Daniel Stone daniel at fooishbar.org
Wed Feb 10 17:43:02 PST 2010


Hi,

On Wed, Feb 10, 2010 at 03:17:16PM -0800, Stuart Kreitman wrote:
> On 02/10/10 11:47 AM, Daniel Stone wrote:
> > On Wed, Feb 10, 2010 at 06:31:32PM +0100, Luc Verhaegen wrote:
> >> The X.org Foundation exists to best represent the interests of the X.org
> >> Foundation members, by being the legal entity responsible for the state
> >> of the Foundation. To a large extent, its responsibility is to manage
> >> the considerable amount of funds that the X.org foundation has gathered
> >> over the years, in the best interest of these X.org foundation members.
> >
> > Rather.  For the record, I think the current balance is on the order of
> > ~$us150k.  Around the time we dissolved the sponsors' group, we decided
> >    
> As co-signer of the checks,  that sounds really high, My guess is that its
> knocked down to 1/2 that by now, but I haven't seen the exact balance for
> a few years now.  This needs to be sorted before comittments for the next
> conference are made.    Keith?

Yeah, fair.  Now I think of it, it's probably closer to $us100k, if not
~80.

> > I assume that this will be re-evaluated within the next couple of years,
> > assuming that we continue to spend money (again, my personal opinion and
> > guesswork only).
>
> A good action item for the next Board would be to set the bar for when
> to start fundraising.

Indeed; the timeline is completely dependent on our current balance and
burn rate both.

Cheers,
Daniel
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