[Noisebridge-discuss] $500 donation - what would noisebridge do with it?

[Patrick Keys]

Having run a business before, and having a BBA in business management, I 
think if we just spend cash and keep receipts that's "good enough" for 
tax purposes.  All cash that's physically present is effectively a "Cash 
Account" that's the same as a bank account (a bank account called "Cash" 
or "Cash Onhand" in whatever accounting software we use).

I'd like to spend the money on at least several different things, for 
example $100 on the electrical materials, $200 on computer equipment, 
and $200 on something else.


Patrick



On 1/4/2011 10:23 AM, jim wrote:
>
>     $500.00 is significant money for which patrick may
> want 501(c)3 tax credit, in which case he should give
> the money to the treasurer.
>     i am sympathetic to respecting donors' wishes to
> donate things and/or money for specific purposes. i'm
> also sympathetic to rejecting such dedicated
> donations if they're more hassle than valuable. but
> i'm not aware of any way-inappropriate or high-hassle
> factor donations so far.
>
>
>
>
> On Tue, 2011-01-04 at 01:52 -0800, Albert Sweigart wrote:
>> Honestly, I think rent would be the best way that money can be used
>> even if it is not the most visible. We currently don't accept
>> donations for specific projects because it creates an overhead for the
>> treasurer&  co. If you know of some people working on things at NB,
>> it'd probably be easier to give them the money directly.
>>
>> -Al
>>
>> On Tue, Jan 4, 2011 at 1:44 AM, Patrick Keys<citizenkeys at gmail.com>  wrote:
>>> Long story short, I get paid next week.  I had planned and budgeted a
>>> month ago to donate $500 to Noisebridge, with the condition that the
>>> money be spent on some sort of improvements, projects, or combination of
>>> things that we generally agree (members and non-members alike) would
>>> improve the space (not rent).
>>>
>>> So use this thread to discuss and reach a consensus.
>>>
>>>
>>> Patrick
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>>> Noisebridge-discuss at lists.noisebridge.net
>>> https://www.noisebridge.net/mailman/listinfo/noisebridge-discuss
>>>
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>