Re: Current state of Foundation finances



Don't we have reserves though? We should have 6 months of operating expenses as reserves.

On Apr 12, 2014 5:26 PM, "Karen Sandler" <karen gnome org> wrote:
On 2014-04-12 14:45, Ekaterina Gerasimova wrote:

No, it wasn't know. If it had been known, spending would have been
frozen by then and a budget for the hackfest would not have been
approved.

For perspective, people actually call this a "success crisis."

Thank you so much to the board and Rosanna for getting on top of this situation and being transparent about it.

karen
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