David King <amigad...@amigadave.com> wrote: ... >>> Don't we have reserves though? We should have 6 months of operating >>> expenses as reserves. >> >> >> I should leave maybe this to Kat and other board members but I'm >> recently enough gone that I can answer - the Foundation has adequate >> reserves for GNOME's ordinary operations but not for OPW, and the >> program has ramped up really quickly while the Foundation is still very >> small. > > > That is not correct according to: > > https://wiki.gnome.org/FoundationBoard/CurrentBudgetFAQ#What_is_the_problem.3F > That section states "The Foundation does not have any cash reserves right > now".
Blunt statements like this aren't very helpful, and they send a really bad message. It's easy to read this line and think the worst. Clearly we do have protected reserves - which we are preserving by the freeze on sponsorship repayments. The extra reserves that we usually have are expected to recover, and there is a plan in place to ensure this happens. Can we try and clarify this on the wiki please? Allan _______________________________________________ foundation-list mailing list foundation-list@gnome.org https://mail.gnome.org/mailman/listinfo/foundation-list
