Re: So what do people *except* me want from the foundation?

[Behdad Esfahbod <behdad behdad org>]

On 06/02/2009 12:57 PM, Ruben Vermeersch wrote:
> On di, 2009-06-02 at 14:25 +0200, Dave Neary wrote:
> >      What do you expect from the foundation?
>
> Last year at GUADEC during the Foundation BOF, the question was raised
> as to why the GNOME Foundation keeps its entire finances in a US bank
> account (and thus in US Dollars). This also means that quite a lot of
> money gets lost due to currency conversions (especially now that the
> Euro is growing stronger again). Especially because some of the sponsors
> are based in Europe, as well as GUADEC, this amount can be quite
> substantial. The proposal was to have a second bank account in Euros, to
> avoid this.
>
> Has any action being taken on looking into this and if not, could this
> become a task for the next board? If the economy is as bad as the news
> wants us to believe, squeezing out every penny will help, so it might be
> worthwhile to investigate if this is worth doing.

I remember bringing this up in a board meeting after GUADEC with Rosanna to 
see if our current bank allows opening a Euros account.  I don't remember the 
exact situation.  I have a vague memory that we were in the process of 
changing banks then.

This is something we should still consider, but it doesn't affect this year's 
GUADEC since GUADEC funds are not going through Foundation account right now.

behdad


>     Ruben