[Foundation-l] Future Board election procedures and guidelines

[Stephen Bain]

On 7/19/07, Alison Wheeler <wikimedia at alisonwheeler.com> wrote:
> On Wed, July 18, 2007 15:52, GerardM wrote:
> > It is not even true that a board member could not be paid a
> > salary because otherwise the legal entity is an for profit organisation.
>
> OK, I might have slightly muddied the two points there in the way I worded
> my point, but to clarify: in the UK (and, no doubt, some other
> jurisdictions) it is not permissible to pay the board member of a
> non-profit / charitable organisation for their being a board member,
> whereas with a 'for profit' organisation this would be normal.

That's correct, you can't pay a board member for being a board member,
since (in just about every case) the board are the non-profit
corporation equivalent of shareholders in a for-profit corporation.
Employees can get paid in any type of corporation.

-- 
Stephen Bain
stephen.bain at gmail.com