"What's a fiscal sponsorship?" you ask. "What does it mean when a project is fiscally sponsored by NumFOCUS?" http://www.numfocus.org/information-on-fiscal-sponsorship.html … 1/
-
It's often a much more direct & simple way to get $ to projects than funding a single contributor or maintainer as an individual. 6/
If a company writes a check directly to a project lead, the lead will owe taxes on it + the company will also not get any tax benefit. 7/
-
-
Sending money to a project via a university frequently comes with an admin fee to the uni as high as 60%. That's over half the money! 8/
-
In contrast, NumFOCUS admin fee is only 10%. That $ covers the cost of handling all taxes, financials, and legal matters for the project. 9/
- Show replies
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.