Re: Mobile Giving Foundation

[Stormy Peters <stormy gnome org>]

On Wed, Feb 17, 2010 at 10:14 AM, Bharat Kapoor <3 kapoor gmail com> wrote:

Hi Stormy

I will respond to this question in two steps.

Part 1
Breakeven - we need around 11 people giving 10 bucks for the 1st 3 months to breakeven.

Part 2
I think we should treat this as a pilot as we dont even know how our members will respond there will be an acceptance period and we should take the 300 bucks we pay them over 3 months as Capital Expense. At the end of 3 month we should be in a position to decide further if this works or not - my assumption is that if we have around 20 folks giving we should be in good shape and since this is Tax free donation - we should send them receipts so technically it willo cost them between $7 and $7.50 to make a donation of $10 to Gnome.

+1 to investing $300 to see if it works. We'll have to make sure everyone is ready to advertise it on Planet/Identica/Twitter/Facebook, etc.

What do others think?

Stormy