[Foundation-l] Fundraising Letter Feb 2012

[Nathan]

On Thu, Feb 9, 2012 at 3:01 PM, Emmanuel Engelhart
<emmanuel at engelhart.org>wrote:

> 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
>


Payment processing is piggybacking on the annual WMF fundraiser; nothing
prevents any chapter from raising funds on its own.

Nathan