Hi, On Sun, May 22, 2016 at 02:52:08PM +0200, Radu-Adrian FEURDEAN wrote: > Investment fund would probably be more appropriate. So is it possible to > have a non-profit investment fund ? For me "non-profit" means not > actively seeking profit; target being a zero end-of year result.
And this is what the NCC is doing - target being a zero result.
There is money on the bank accounts, with the goal of being enough to
sustain the NCC for somewhat over a year in case something catastrophic
happens. If that money were to grow significantly, the NCC would have
to pay taxes, which we all do not want - which is why the surplus was
refunded last year.
(All of this is more a matter for the membership meeting, though, where
detailed financial numbers are presented)
Gert Doering
-- APWG chair
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have you enabled IPv6 on something today...?
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