[Foundation-l] Fundraising Letter Feb 2012
Emmanuel Engelhart
emmanuel at engelhart.org
Thu Feb 9 20:01:12 UTC 2012
On 02/09/2012 09:11 AM, Ting Chen wrote:
> * The board is sharpening the criteria for payment processing. Payment
> processing is not a natural path to growth for a chapter; and payment
> processing will likely be an exception -- most chapters will not do so.
Without any financial autonomy (that means the ability to raise and
invest funds), a chapter can only beg for money. I do not share your
vision of the chapter's future - neither for the "old" nor for the
"young" ones.
Regards
Emmanuel
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