[Foundation-l] Future Board election procedures and guidelines

[GerardM]

Hoi,
An organisation is a legal entity, its books show a profit or not. When
someone is making paid for doing a job, it does not equate that a profit is
being made. 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..

The argument does not make sense.

Thanks,
     GerardM

On 7/18/07, Alison Wheeler <wikimedia at alisonwheeler.com> wrote:
>
> On Tue, July 17, 2007 06:26, Jussi-Ville Heiskanen wrote:
> > As an afterthought; rather than allow simultaneus roles of employee and
> > trustee, it
> > would be far preferable to give the trustee an outright honorarium.
>
> If a Board member was to receive an honorarium then it would be contrary
> to the law in many countries (eg. UK). The fact of being on the board of a
> non-profit is that latter bit - *non*-profit.
>
> Alison
>
> _______________________________________________
> foundation-l mailing list
> foundation-l at lists.wikimedia.org
> http://lists.wikimedia.org/mailman/listinfo/foundation-l
>