[Foundation-l] Donation drive stopped early with insufficient funds collected

[Jimmy Wales]

Daniel Mayer wrote:
> So I simply suggested that everybody consider setting aside the issues that
> have been stopping action for nearly a year. I did *not* suggest that any rash
> decisions be made or that things get decided unilaterally or randomly. But I
> did suggest that issues relating to legal ownership (a major bottleneck - in my
> observation - so far) can be worked out in due time. As is, the great majority
> of the money is just sitting there. 

Legal ownership isn't really particularly a bottleneck here.

> As more and more chapters get tax exempt status, this will be more and more of
> an issue. This issue needs to be worked out ASAP, before over half the money
> generated in fund drives goes to chapters instead of directly to the
> foundation. 

An alternative to this, which Soufron is looking into for me (but he
warns that it will take some months at least) is to get the foundation
itself directly recognized in Europe as having tax exempt status.

--Jimbo