fenics team mailing list archive

[Anders Logg <logg@xxxxxxxxx>]

On Mon, May 17, 2010 at 09:20:50AM +0100, Garth N. Wells wrote:
>
>
> On 16/05/10 21:46, Anders Logg wrote:
> >At FEniCS'10, we discussed the possibility of setting up a FEniCS
> >Foundation. The purpose would be to have a more formal organization
> >that would be responsible of the following items:
> >
> >   1. Owning the domain name(s)
> >
> >   2. Having some funds
> >
>
> OK. This would require someone or a 'host' organisation to
> administer the funds.

I've looked at how to set up a "Stiftelse" (Foundation) in Sweden. It
doesn't seem too complicated. The foundation owns itself so no one
would need to host or hold the funds. We would set up a bank account
in the name of the foundation.

Access to the funds would be controlled by the board of the foundation
and we would have regular elections to decide who should be on the
board.

The work involved would be to write a document that describes the
purpose of the foundation. This is the "founding document". Someone
would need to be "founder" but that person has no control over the
foundation other than what is specified in the founding document,
which would need to say that the foundation is run by the board.

--
Anders


> >   3. Distribute the funds (workshops, domain names etc)
> >
> >The other option would be to continue with our current ad hoc
> >organization which has worked fine so far.
> >
> >If we decide to set up a foundation, I can arrange the paperwork. It
> >doesn't look so complicated. I'll get back with more information if we
> >decide this is a good idea.
> >
> >So I'd like to ask everyone to state their opinion. Is this a good
> >idea? Or not.
> >
>
> It would be helpful to have an estimate of
>
> - How much time would be required to set-up and administer a foundation
>
> - Any cost involved
>
> Garth
>
>
>
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