From ef3c36d469669f477140039c2778996b936eb229 Mon Sep 17 00:00:00 2001 From: =?UTF-8?q?demk=C5=8Dd=C5=8D?= Date: Thu, 4 Mar 2021 13:17:16 +0100 Subject: [PATCH 01/54] Create finance-updates.md --- activities/board-support/finance-updates.md | 7 +++++++ 1 file changed, 7 insertions(+) create mode 100644 activities/board-support/finance-updates.md diff --git a/activities/board-support/finance-updates.md b/activities/board-support/finance-updates.md new file mode 100644 index 000000000..cb7d647f9 --- /dev/null +++ b/activities/board-support/finance-updates.md @@ -0,0 +1,7 @@ +--- +type: resource +--- + +# Board finance updates + +For each board meeting, the Operations Coordinator prepares a finance update with details on current cash position, costs incurred and the projected runway. The update also sheds a light on other financial aspects, such as fundraising results and general financial updates. From 6cea636d210616c58d39d61d7ab35df7469e1fcd Mon Sep 17 00:00:00 2001 From: =?UTF-8?q?demk=C5=8Dd=C5=8D?= Date: Thu, 4 Mar 2021 13:17:55 +0100 Subject: [PATCH 02/54] Update index.md --- activities/board-support/index.md | 1 + 1 file changed, 1 insertion(+) diff --git a/activities/board-support/index.md b/activities/board-support/index.md index 91015b18e..bdebd093a 100644 --- a/activities/board-support/index.md +++ b/activities/board-support/index.md @@ -7,3 +7,4 @@ type: resource This work supports the [board of directors](../../organization/governance-model.md#board-of-directors) with their meetings and tasks: * [Board meeting process](board-meeting-process.md) +* [Board finance updates](board-finance-updates.md) From df02df563d8f5c76059788a767b2ca53cd086d24 Mon Sep 17 00:00:00 2001 From: =?UTF-8?q?demk=C5=8Dd=C5=8D?= Date: Thu, 4 Mar 2021 13:18:45 +0100 Subject: [PATCH 03/54] Update index.md --- activities/board-support/index.md | 2 +- 1 file changed, 1 insertion(+), 1 deletion(-) diff --git a/activities/board-support/index.md b/activities/board-support/index.md index bdebd093a..7116eef1d 100644 --- a/activities/board-support/index.md +++ b/activities/board-support/index.md @@ -7,4 +7,4 @@ type: resource This work supports the [board of directors](../../organization/governance-model.md#board-of-directors) with their meetings and tasks: * [Board meeting process](board-meeting-process.md) -* [Board finance updates](board-finance-updates.md) +* [Board finance updates](finance-updates.md) From 123a7eff8b0f85288d81ddc8844feae9bd497c8e Mon Sep 17 00:00:00 2001 From: =?UTF-8?q?demk=C5=8Dd=C5=8D?= Date: Thu, 4 Mar 2021 13:31:43 +0100 Subject: [PATCH 04/54] Create finance-update-september-2020.md --- .../finance-update-september-2020.md | 32 +++++++++++++++++++ 1 file changed, 32 insertions(+) create mode 100644 activities/board-support/finance-update-september-2020.md diff --git a/activities/board-support/finance-update-september-2020.md b/activities/board-support/finance-update-september-2020.md new file mode 100644 index 000000000..fba9fdeb9 --- /dev/null +++ b/activities/board-support/finance-update-september-2020.md @@ -0,0 +1,32 @@ +--- +type: resource +--- + +# Board finance update September 2020 + +## Summary + +* Current cash at bank position: € 1,2 million +* Cost incurred (cash burned): € 344k (2019) + € 542k (till Aug 2020) = € 886.569 +* Projected runway: 1.200.000 / 88.000 = 13 months (current cash position / forecasted cost) + +## Funding + +The Foundation started with a startup-loan of € 1 million (€ 0,2mio + 0,8mio). This loan (including accrued interest € 29.691) is paid back on the 24th August 2020. On the 24th August the Foundation received a loan of € 1.702.200 that is part of a fiscal gift schema. Furthermore, the first (formal fiscal) gift was received € 435.500. In total an net-amount of € 1.137.700 (€ 1,7mio + 0,4mio -/- 1mio) was received. + +## State of the administration + +* Budget sheet: the budget sheet is updated with the latest insights (new fiscal gift-loan, elimination of the amortization schemes, update of personnel cost) +* General ledger (Exact): Updated +* VisionPlanner: updated (interfaced with Exact) + +## Interim conclusion + +The new funding loan came in time for the funding of the foundation. The so called runway is extended; the Opex (operational expenses) can be funded for the upcoming 12 to 13 months. Even though the runway is extended by AS, there is a need to get inflow of cash by: + +* Contributions (members) +* Pledged donations + +## Background information + +The financial administration was subject to changing conditions. At the start there was a start-up loan and a planned funding loan, both on an annuity basis. The redemption schema and the interest payment schema was based on this annuity basis and amortized over the months. Now the administration is based on the actual receival of the gifts; the amounts aren’t amortized. From 7c8d8841b6dc41869e3b57a390ae9ccdfe70d0c4 Mon Sep 17 00:00:00 2001 From: =?UTF-8?q?demk=C5=8Dd=C5=8D?= Date: Thu, 4 Mar 2021 13:32:39 +0100 Subject: [PATCH 05/54] Update index.md --- activities/board-support/index.md | 1 + 1 file changed, 1 insertion(+) diff --git a/activities/board-support/index.md b/activities/board-support/index.md index 7116eef1d..0a95e7285 100644 --- a/activities/board-support/index.md +++ b/activities/board-support/index.md @@ -8,3 +8,4 @@ This work supports the [board of directors](../../organization/governance-model. * [Board meeting process](board-meeting-process.md) * [Board finance updates](finance-updates.md) +* [Board finance update September 2020](finance-update-september-2020.md) From bf9363a002392d1d58d3be0ef8dfa5da45ca07c9 Mon Sep 17 00:00:00 2001 From: =?UTF-8?q?demk=C5=8Dd=C5=8D?= Date: Thu, 4 Mar 2021 13:41:24 +0100 Subject: [PATCH 06/54] Create finance-update-december-2020.md --- .../finance-update-december-2020.md | 47 +++++++++++++++++++ 1 file changed, 47 insertions(+) create mode 100644 activities/board-support/finance-update-december-2020.md diff --git a/activities/board-support/finance-update-december-2020.md b/activities/board-support/finance-update-december-2020.md new file mode 100644 index 000000000..cbecae92f --- /dev/null +++ b/activities/board-support/finance-update-december-2020.md @@ -0,0 +1,47 @@ +--- +type: resource +--- + +# Board finance update December 2020 + +## Summary + +* Current cash at bank position: € 1.370.316,45 +* Cost incurred (cash burned): € 344k (2019) + € 758k (till Nov 2020) = € 1.102.000 +* Projected runway: 1.370.316 / 72.000 = 19 months (current cash position / average expenses upcoming 12 months): 17,9 months from January 2021 + +## Funding + +The Foundation started in June 2019 with a startup-loan of € 1 million (€ 0,2mio + 0,8mio). This loan (including accrued interest € 29.691) is paid back on the 24th August 2020. On the 24th August the Foundation received a loan of € 1.702.200 that is part of a fiscal gift schema. Furthermore the first (formal fiscal) gift was received € 435.500. In total a net-amount of € 1.137.700 (€ 1,7mio + 0,4mio -/- 1mio) was received. + +In October a decision was made to change the structure of the gift. On November 1st a transfer of € 1.726.000 was made to Public Code as a pre-payment of the last 4 terms of periodic gift dated 24-08-2020. The board of Public Code decided to use that money to repay the loan (€ 1.702.000) + interest (€ 9.652) to Dia Holding on November 1st. This brings an advantage of € 118.013 for Public Code. + +## General + +* The opening of a USD account is in progress and will help facilitate money transfers from KBFUS and to balance out the costs incurred by conversion rates and fees intermediary banks charge for international wire transfers. +* The gift from Josh Elkes will be transferred as soon as this account is opened, which will be before the end of this year. + +## State of the administration + +* Budget sheet: the budget sheet is updated with the latest insights (new fiscal gift-loan of November, elimination of the amortization schemes from earlier gift-loan set-up, update of personnel cost as well as a realistic budget for 2021) +* General ledger (Exact): Updated +* VisionPlanner: Updated (interfaced with Exact) +* WeFact: Set-up to facilitate membership administration (interfaced with Exact and Visionplanner) + +## Budget 2021 narrative + +The budget for 2021 is based on actuals and a fair estimation of additional costs we foresee for the upcoming year. We look 1 year ahead, as the Foundation is not a static organization and there are many unknown in terms of prospective members, potential new philanthropic gifts, as well as the impact the Covid crisis may have on travel for conferences and in-person community events. Most prominent changes to the budget are: + +* 2FTE added each for 5500 gross per month. Amortized over the year. Estimated starting date March for 1FTE and May for the other 1FTE. The need to hire more staff depends on the results of successful membership development +* Salaries also include raises for some of the current staff +* Office cost from Q2 for 6000 per month +* Some budget for events and community from Q2 +* Marketing, research and design costs including illustration work by Floris Deerenberg and the design work by Ryan Conlan, of which the latter can be covered for the most part by the gift from Josh Elkes. +* Development of a Jitsi Community user interface is included in the budget under this ledger as well. This interface is needed to enable our community to sign themselves up for our Jitsi Community instance. + +## Interim conclusion + +The new funding loan came in time for the continuation of funding for the Foundation. The runway is extended; the Opex (operational expenses) can be funded for the upcoming 19 months. Even though the runway is extended by AS, there is a need to get inflow of cash by: + +* Contributions (members) - Provincie Zuid-Holland is our first member, but more is needed +* Pledged donations From 34b1db5879f09b7c0048edcddf71b00e0203b7d0 Mon Sep 17 00:00:00 2001 From: =?UTF-8?q?demk=C5=8Dd=C5=8D?= Date: Thu, 4 Mar 2021 13:41:52 +0100 Subject: [PATCH 07/54] Update index.md --- activities/board-support/index.md | 1 + 1 file changed, 1 insertion(+) diff --git a/activities/board-support/index.md b/activities/board-support/index.md index 0a95e7285..69ed7452a 100644 --- a/activities/board-support/index.md +++ b/activities/board-support/index.md @@ -9,3 +9,4 @@ This work supports the [board of directors](../../organization/governance-model. * [Board meeting process](board-meeting-process.md) * [Board finance updates](finance-updates.md) * [Board finance update September 2020](finance-update-september-2020.md) +* [Board finance update December 2020](finance-update-december-2020.md) From dacd676f2ae174c994df7db3f55512c8827e85de Mon Sep 17 00:00:00 2001 From: =?UTF-8?q?demk=C5=8Dd=C5=8D?= Date: Thu, 4 Mar 2021 13:44:54 +0100 Subject: [PATCH 08/54] Create finance-update-february-2021.md --- .../finance-update-february-2021.md | 26 +++++++++++++++++++ 1 file changed, 26 insertions(+) create mode 100644 activities/board-support/finance-update-february-2021.md diff --git a/activities/board-support/finance-update-february-2021.md b/activities/board-support/finance-update-february-2021.md new file mode 100644 index 000000000..feab8234f --- /dev/null +++ b/activities/board-support/finance-update-february-2021.md @@ -0,0 +1,26 @@ +--- +type: resource +--- + +# Board finance update February 2021 + +## Summary + +* Current cash at bank position: € 1.275.265,04 +* Cost incurred (cash burned): € 344k (2019) + € 827k (till Dec 2020) = € 1.171.000 +* Projected runway: € 1.275.265 / € 80.000 = 16 months (current cash position / average expenses upcoming 12 months): 16 months from February 2021 + +## Funding and membership dues + +* Opening a US Dollar account is on hold until deemed necessary +* Josh Elkes gift transferred on February 4th: Donation minus KBFUS fees: $ 49.750,00 (€ 41.216,19) +* Waiting for Provincie Zuid-Holland to transfer the dues: € 12.486,00 (€ 2.486 start membership Oct - Dec 2020 and € 10.000 dues for 2021) + +## Financial annual report + +Financial report (Jaarverslag + Jaarrekening) currently being developed by Deborah with support from accountants (Maarten Smulders Get Monkeys and Rob). Ready by mid-March 2021. + +## Interim conclusion + +* Operational expenses can be funded for the next 16 months +* There is a need to get inflow of cash through: Member contributions and philanthropic donations From f73f07c546567c5465ebcd9c4cd3facf5a70b3a7 Mon Sep 17 00:00:00 2001 From: =?UTF-8?q?demk=C5=8Dd=C5=8D?= Date: Thu, 4 Mar 2021 13:45:30 +0100 Subject: [PATCH 09/54] Update index.md --- activities/board-support/index.md | 1 + 1 file changed, 1 insertion(+) diff --git a/activities/board-support/index.md b/activities/board-support/index.md index 69ed7452a..17142759e 100644 --- a/activities/board-support/index.md +++ b/activities/board-support/index.md @@ -10,3 +10,4 @@ This work supports the [board of directors](../../organization/governance-model. * [Board finance updates](finance-updates.md) * [Board finance update September 2020](finance-update-september-2020.md) * [Board finance update December 2020](finance-update-december-2020.md) +* [Board finance update February 2021](finance-update-february-2021.md) From b5cc5f30d747b84cb77c02af3c9a652fa9357aed Mon Sep 17 00:00:00 2001 From: =?UTF-8?q?demk=C5=8Dd=C5=8D?= Date: Thu, 4 Mar 2021 13:46:21 +0100 Subject: [PATCH 10/54] Update finance-updates.md --- activities/board-support/finance-updates.md | 12 ++++++++++++ 1 file changed, 12 insertions(+) diff --git a/activities/board-support/finance-updates.md b/activities/board-support/finance-updates.md index cb7d647f9..07aa89a65 100644 --- a/activities/board-support/finance-updates.md +++ b/activities/board-support/finance-updates.md @@ -5,3 +5,15 @@ type: resource # Board finance updates For each board meeting, the Operations Coordinator prepares a finance update with details on current cash position, costs incurred and the projected runway. The update also sheds a light on other financial aspects, such as fundraising results and general financial updates. + +## September 2020 + +Board finance update [September 2020](finance-update-september-2020.md) + +## December 2020 + +Board finance update [December 2020](finance-update-december-2020.md) + +## February 2021 + +Board finance update [February 2021](finance-update-february-2021.md) From c433634ee5cc853705f7f44a8294ecd02cc1114a Mon Sep 17 00:00:00 2001 From: =?UTF-8?q?demk=C5=8Dd=C5=8D?= Date: Mon, 15 Mar 2021 16:27:37 +0100 Subject: [PATCH 11/54] Update finance-update-september-2020.md --- activities/board-support/finance-update-september-2020.md | 2 +- 1 file changed, 1 insertion(+), 1 deletion(-) diff --git a/activities/board-support/finance-update-september-2020.md b/activities/board-support/finance-update-september-2020.md index fba9fdeb9..59e73603e 100644 --- a/activities/board-support/finance-update-september-2020.md +++ b/activities/board-support/finance-update-september-2020.md @@ -2,7 +2,7 @@ type: resource --- -# Board finance update September 2020 +# Finance update September 2020 ## Summary From c8eb0577859e52c7b265bc167748f57f298ed326 Mon Sep 17 00:00:00 2001 From: =?UTF-8?q?demk=C5=8Dd=C5=8D?= Date: Mon, 15 Mar 2021 16:27:57 +0100 Subject: [PATCH 12/54] Update finance-update-february-2021.md --- activities/board-support/finance-update-february-2021.md | 2 +- 1 file changed, 1 insertion(+), 1 deletion(-) diff --git a/activities/board-support/finance-update-february-2021.md b/activities/board-support/finance-update-february-2021.md index feab8234f..9dd0dfefd 100644 --- a/activities/board-support/finance-update-february-2021.md +++ b/activities/board-support/finance-update-february-2021.md @@ -2,7 +2,7 @@ type: resource --- -# Board finance update February 2021 +# Finance update February 2021 ## Summary From cd2dd2b5bb2e7f8bb9e9f3b111743e7f49055ce0 Mon Sep 17 00:00:00 2001 From: =?UTF-8?q?demk=C5=8Dd=C5=8D?= Date: Mon, 15 Mar 2021 16:28:25 +0100 Subject: [PATCH 13/54] Update finance-update-december-2020.md --- activities/board-support/finance-update-december-2020.md | 2 +- 1 file changed, 1 insertion(+), 1 deletion(-) diff --git a/activities/board-support/finance-update-december-2020.md b/activities/board-support/finance-update-december-2020.md index cbecae92f..05f3556b3 100644 --- a/activities/board-support/finance-update-december-2020.md +++ b/activities/board-support/finance-update-december-2020.md @@ -2,7 +2,7 @@ type: resource --- -# Board finance update December 2020 +# Finance update December 2020 ## Summary From 9302ecd0c3edbbea361378466acba2f8f1ed60e6 Mon Sep 17 00:00:00 2001 From: =?UTF-8?q?demk=C5=8Dd=C5=8D?= Date: Mon, 15 Mar 2021 16:31:59 +0100 Subject: [PATCH 14/54] Update finance-updates.md --- activities/board-support/finance-updates.md | 10 +++++----- 1 file changed, 5 insertions(+), 5 deletions(-) diff --git a/activities/board-support/finance-updates.md b/activities/board-support/finance-updates.md index 07aa89a65..adf4aa354 100644 --- a/activities/board-support/finance-updates.md +++ b/activities/board-support/finance-updates.md @@ -2,18 +2,18 @@ type: resource --- -# Board finance updates +# Finance updates -For each board meeting, the Operations Coordinator prepares a finance update with details on current cash position, costs incurred and the projected runway. The update also sheds a light on other financial aspects, such as fundraising results and general financial updates. +For each board meeting the Operations Coordinator prepares a finance update with details on current cash position, costs incurred and the projected runway. The update also sheds a light on other financial aspects, such as fundraising results and general financial updates. ## September 2020 -Board finance update [September 2020](finance-update-september-2020.md) +Finance update [September 2020](finance-update-september-2020.md) ## December 2020 -Board finance update [December 2020](finance-update-december-2020.md) +Finance update [December 2020](finance-update-december-2020.md) ## February 2021 -Board finance update [February 2021](finance-update-february-2021.md) +Finance update [February 2021](finance-update-february-2021.md) From 72dd54f6331647903fb73d9ffc306a675c7e5c28 Mon Sep 17 00:00:00 2001 From: =?UTF-8?q?demk=C5=8Dd=C5=8D?= Date: Mon, 19 Apr 2021 13:51:53 +0200 Subject: [PATCH 15/54] Rename activities/board-support/finance-updates.md to activities/organization/finance-updates.md --- activities/{board-support => organization}/finance-updates.md | 0 1 file changed, 0 insertions(+), 0 deletions(-) rename activities/{board-support => organization}/finance-updates.md (100%) diff --git a/activities/board-support/finance-updates.md b/activities/organization/finance-updates.md similarity index 100% rename from activities/board-support/finance-updates.md rename to activities/organization/finance-updates.md From b97a871309f933bfff675969cb65e7c2d50d8f03 Mon Sep 17 00:00:00 2001 From: =?UTF-8?q?demk=C5=8Dd=C5=8D?= Date: Mon, 19 Apr 2021 13:54:09 +0200 Subject: [PATCH 16/54] Rename activities/board-support/index.md to activities/organization/board-of-directors-support/index.md testing if this works, it may not so please bare with me --- .../board-of-directors-support}/index.md | 0 1 file changed, 0 insertions(+), 0 deletions(-) rename activities/{board-support => organization/board-of-directors-support}/index.md (100%) diff --git a/activities/board-support/index.md b/activities/organization/board-of-directors-support/index.md similarity index 100% rename from activities/board-support/index.md rename to activities/organization/board-of-directors-support/index.md From 82d49130ac58b1f91597013af9cf2b3ab32c0407 Mon Sep 17 00:00:00 2001 From: =?UTF-8?q?demk=C5=8Dd=C5=8D?= Date: Mon, 19 Apr 2021 13:55:03 +0200 Subject: [PATCH 17/54] Rename activities/board-support/finance-update-december-2020.md to activities/organization/financial-updates/finance-update-december-2020.md --- .../financial-updates}/finance-update-december-2020.md | 0 1 file changed, 0 insertions(+), 0 deletions(-) rename activities/{board-support => organization/financial-updates}/finance-update-december-2020.md (100%) diff --git a/activities/board-support/finance-update-december-2020.md b/activities/organization/financial-updates/finance-update-december-2020.md similarity index 100% rename from activities/board-support/finance-update-december-2020.md rename to activities/organization/financial-updates/finance-update-december-2020.md From 8c1671ccc06cbcde3079c0d23d6e7024f45bfa90 Mon Sep 17 00:00:00 2001 From: =?UTF-8?q?demk=C5=8Dd=C5=8D?= Date: Mon, 19 Apr 2021 13:55:35 +0200 Subject: [PATCH 18/54] Rename activities/board-support/finance-update-february-2021.md to activities/organization/financial-updates/finance-update-february-2021.md --- .../financial-updates}/finance-update-february-2021.md | 0 1 file changed, 0 insertions(+), 0 deletions(-) rename activities/{board-support => organization/financial-updates}/finance-update-february-2021.md (100%) diff --git a/activities/board-support/finance-update-february-2021.md b/activities/organization/financial-updates/finance-update-february-2021.md similarity index 100% rename from activities/board-support/finance-update-february-2021.md rename to activities/organization/financial-updates/finance-update-february-2021.md From fbf9dd30a6917f8a02c75ede0a3d809b206548e4 Mon Sep 17 00:00:00 2001 From: =?UTF-8?q?demk=C5=8Dd=C5=8D?= Date: Mon, 19 Apr 2021 13:56:03 +0200 Subject: [PATCH 19/54] Rename activities/board-support/finance-update-september-2020.md to activities/organization/financial-updates/finance-update-september-2020.md --- .../financial-updates}/finance-update-september-2020.md | 0 1 file changed, 0 insertions(+), 0 deletions(-) rename activities/{board-support => organization/financial-updates}/finance-update-september-2020.md (100%) diff --git a/activities/board-support/finance-update-september-2020.md b/activities/organization/financial-updates/finance-update-september-2020.md similarity index 100% rename from activities/board-support/finance-update-september-2020.md rename to activities/organization/financial-updates/finance-update-september-2020.md From 518ae54ecae92b92977f4ab8d02897c41bd00a12 Mon Sep 17 00:00:00 2001 From: ElenaFdR Date: Mon, 19 Apr 2021 14:11:48 +0200 Subject: [PATCH 20/54] Revert "Rename activities/board-support/index.md to activities/organization/board-of-directors-support/index.md" This reverts commit b97a871309f933bfff675969cb65e7c2d50d8f03. --- .../board-of-directors-support => board-support}/index.md | 0 1 file changed, 0 insertions(+), 0 deletions(-) rename activities/{organization/board-of-directors-support => board-support}/index.md (100%) diff --git a/activities/organization/board-of-directors-support/index.md b/activities/board-support/index.md similarity index 100% rename from activities/organization/board-of-directors-support/index.md rename to activities/board-support/index.md From 55c49bda842baaefb57d14983bc59fa3c9955ad7 Mon Sep 17 00:00:00 2001 From: =?UTF-8?q?demk=C5=8Dd=C5=8D?= Date: Mon, 19 Apr 2021 14:33:15 +0200 Subject: [PATCH 21/54] Update and rename activities/organization/finance-updates.md to activities/organization/finance-updates/index.md --- .../index.md} | 16 ++++------------ 1 file changed, 4 insertions(+), 12 deletions(-) rename activities/organization/{finance-updates.md => finance-updates/index.md} (53%) diff --git a/activities/organization/finance-updates.md b/activities/organization/finance-updates/index.md similarity index 53% rename from activities/organization/finance-updates.md rename to activities/organization/finance-updates/index.md index adf4aa354..eec5b59de 100644 --- a/activities/organization/finance-updates.md +++ b/activities/organization/finance-updates/index.md @@ -1,19 +1,11 @@ --- -type: resource +type: index --- # Finance updates For each board meeting the Operations Coordinator prepares a finance update with details on current cash position, costs incurred and the projected runway. The update also sheds a light on other financial aspects, such as fundraising results and general financial updates. -## September 2020 - -Finance update [September 2020](finance-update-september-2020.md) - -## December 2020 - -Finance update [December 2020](finance-update-december-2020.md) - -## February 2021 - -Finance update [February 2021](finance-update-february-2021.md) +* [September 2020 finance update](finance-update-september-2020.md) +* [December 2020 finance update](finance-update-december-2020.md) +* [February 2021 finance update]finance-update-february-2021.md) From 9a5e1cceec7635a51374febeb31bb110302a070e Mon Sep 17 00:00:00 2001 From: =?UTF-8?q?demk=C5=8Dd=C5=8D?= Date: Mon, 19 Apr 2021 14:37:25 +0200 Subject: [PATCH 22/54] Rename activities/organization/financial-updates/finance-update-december-2020.md to activities/organization/financial-updates/index.md/finance-update-december-2020.md --- .../{ => index.md}/finance-update-december-2020.md | 0 1 file changed, 0 insertions(+), 0 deletions(-) rename activities/organization/financial-updates/{ => index.md}/finance-update-december-2020.md (100%) diff --git a/activities/organization/financial-updates/finance-update-december-2020.md b/activities/organization/financial-updates/index.md/finance-update-december-2020.md similarity index 100% rename from activities/organization/financial-updates/finance-update-december-2020.md rename to activities/organization/financial-updates/index.md/finance-update-december-2020.md From 70df21328976a6e94ddcc6aae54ea6178ca80b8a Mon Sep 17 00:00:00 2001 From: =?UTF-8?q?demk=C5=8Dd=C5=8D?= Date: Mon, 19 Apr 2021 14:38:27 +0200 Subject: [PATCH 23/54] Rename activities/organization/financial-updates/finance-update-february-2021.md to activities/organization/financial-updates/index.md/finance-update-february-2021.md --- .../{ => index.md}/finance-update-february-2021.md | 0 1 file changed, 0 insertions(+), 0 deletions(-) rename activities/organization/financial-updates/{ => index.md}/finance-update-february-2021.md (100%) diff --git a/activities/organization/financial-updates/finance-update-february-2021.md b/activities/organization/financial-updates/index.md/finance-update-february-2021.md similarity index 100% rename from activities/organization/financial-updates/finance-update-february-2021.md rename to activities/organization/financial-updates/index.md/finance-update-february-2021.md From 8ec8ee53bfdd02a3e0bae72c2eae9c797c300229 Mon Sep 17 00:00:00 2001 From: =?UTF-8?q?demk=C5=8Dd=C5=8D?= Date: Mon, 19 Apr 2021 14:40:38 +0200 Subject: [PATCH 24/54] Rename activities/organization/financial-updates/finance-update-september-2020.md to activities/organization/financial-updates/index.md/finance-update-september-2020.md --- .../{ => index.md}/finance-update-september-2020.md | 0 1 file changed, 0 insertions(+), 0 deletions(-) rename activities/organization/financial-updates/{ => index.md}/finance-update-september-2020.md (100%) diff --git a/activities/organization/financial-updates/finance-update-september-2020.md b/activities/organization/financial-updates/index.md/finance-update-september-2020.md similarity index 100% rename from activities/organization/financial-updates/finance-update-september-2020.md rename to activities/organization/financial-updates/index.md/finance-update-september-2020.md From b61868a480092c48e558c4c98f1d9c94ac582fa9 Mon Sep 17 00:00:00 2001 From: =?UTF-8?q?demk=C5=8Dd=C5=8D?= Date: Mon, 19 Apr 2021 17:21:08 +0200 Subject: [PATCH 25/54] Rename activities/organization/financial-updates/index.md/finance-update-december-2020.md to activities/organization/financial-updates/finance-update-december-2020.md --- .../{index.md => }/finance-update-december-2020.md | 0 1 file changed, 0 insertions(+), 0 deletions(-) rename activities/organization/financial-updates/{index.md => }/finance-update-december-2020.md (100%) diff --git a/activities/organization/financial-updates/index.md/finance-update-december-2020.md b/activities/organization/financial-updates/finance-update-december-2020.md similarity index 100% rename from activities/organization/financial-updates/index.md/finance-update-december-2020.md rename to activities/organization/financial-updates/finance-update-december-2020.md From 427fd8d475caca73940a92a4e19f23a4dd2b07b7 Mon Sep 17 00:00:00 2001 From: =?UTF-8?q?demk=C5=8Dd=C5=8D?= Date: Mon, 19 Apr 2021 17:23:45 +0200 Subject: [PATCH 26/54] Rename activities/organization/financial-updates/index.md/finance-update-february-2021.md to activities/organization/finance-updates/finance-update-february-2021.md --- .../index.md => finance-updates}/finance-update-february-2021.md | 0 1 file changed, 0 insertions(+), 0 deletions(-) rename activities/organization/{financial-updates/index.md => finance-updates}/finance-update-february-2021.md (100%) diff --git a/activities/organization/financial-updates/index.md/finance-update-february-2021.md b/activities/organization/finance-updates/finance-update-february-2021.md similarity index 100% rename from activities/organization/financial-updates/index.md/finance-update-february-2021.md rename to activities/organization/finance-updates/finance-update-february-2021.md From 9a6715fa98bf30e15edf94a0dc3933c6391a0473 Mon Sep 17 00:00:00 2001 From: =?UTF-8?q?demk=C5=8Dd=C5=8D?= Date: Mon, 19 Apr 2021 17:24:14 +0200 Subject: [PATCH 27/54] Rename activities/organization/financial-updates/index.md/finance-update-september-2020.md to activities/organization/finance-updates/finance-update-september-2020.md --- .../index.md => finance-updates}/finance-update-september-2020.md | 0 1 file changed, 0 insertions(+), 0 deletions(-) rename activities/organization/{financial-updates/index.md => finance-updates}/finance-update-september-2020.md (100%) diff --git a/activities/organization/financial-updates/index.md/finance-update-september-2020.md b/activities/organization/finance-updates/finance-update-september-2020.md similarity index 100% rename from activities/organization/financial-updates/index.md/finance-update-september-2020.md rename to activities/organization/finance-updates/finance-update-september-2020.md From 5ded41789bb87fb7ad85cf8faef0da28f425564d Mon Sep 17 00:00:00 2001 From: =?UTF-8?q?demk=C5=8Dd=C5=8D?= Date: Mon, 19 Apr 2021 17:31:27 +0200 Subject: [PATCH 28/54] Rename activities/organization/financial-updates/finance-update-december-2020.md to activities/organization/finance-updates/finance-update-december-2020.md --- .../finance-update-december-2020.md | 0 1 file changed, 0 insertions(+), 0 deletions(-) rename activities/organization/{financial-updates => finance-updates}/finance-update-december-2020.md (100%) diff --git a/activities/organization/financial-updates/finance-update-december-2020.md b/activities/organization/finance-updates/finance-update-december-2020.md similarity index 100% rename from activities/organization/financial-updates/finance-update-december-2020.md rename to activities/organization/finance-updates/finance-update-december-2020.md From ea8d16174bc362765a2f57c0dd7ff89a4ffe8d45 Mon Sep 17 00:00:00 2001 From: =?UTF-8?q?demk=C5=8Dd=C5=8D?= Date: Mon, 19 Apr 2021 17:32:01 +0200 Subject: [PATCH 29/54] Update index.md --- activities/board-support/index.md | 2 +- 1 file changed, 1 insertion(+), 1 deletion(-) diff --git a/activities/board-support/index.md b/activities/board-support/index.md index 17142759e..238e36806 100644 --- a/activities/board-support/index.md +++ b/activities/board-support/index.md @@ -1,5 +1,5 @@ --- -type: resource +type: index --- # Board of directors support From 02e390cd8c904cc0313b05a45f6a1a1fd37721b3 Mon Sep 17 00:00:00 2001 From: =?UTF-8?q?demk=C5=8Dd=C5=8D?= Date: Mon, 19 Apr 2021 17:34:51 +0200 Subject: [PATCH 30/54] Update index.md --- activities/board-support/index.md | 5 +---- 1 file changed, 1 insertion(+), 4 deletions(-) diff --git a/activities/board-support/index.md b/activities/board-support/index.md index 238e36806..3269d261d 100644 --- a/activities/board-support/index.md +++ b/activities/board-support/index.md @@ -7,7 +7,4 @@ type: index This work supports the [board of directors](../../organization/governance-model.md#board-of-directors) with their meetings and tasks: * [Board meeting process](board-meeting-process.md) -* [Board finance updates](finance-updates.md) -* [Board finance update September 2020](finance-update-september-2020.md) -* [Board finance update December 2020](finance-update-december-2020.md) -* [Board finance update February 2021](finance-update-february-2021.md) +* [Board finance updates](../../organization/finance-updates.md) From 4eeb76c9acf699b4efe52ecf62b5e723ac747716 Mon Sep 17 00:00:00 2001 From: =?UTF-8?q?demk=C5=8Dd=C5=8D?= Date: Mon, 19 Apr 2021 17:35:36 +0200 Subject: [PATCH 31/54] Update index.md --- activities/organization/finance-updates/index.md | 2 +- 1 file changed, 1 insertion(+), 1 deletion(-) diff --git a/activities/organization/finance-updates/index.md b/activities/organization/finance-updates/index.md index eec5b59de..4902cc8f9 100644 --- a/activities/organization/finance-updates/index.md +++ b/activities/organization/finance-updates/index.md @@ -8,4 +8,4 @@ For each board meeting the Operations Coordinator prepares a finance update with * [September 2020 finance update](finance-update-september-2020.md) * [December 2020 finance update](finance-update-december-2020.md) -* [February 2021 finance update]finance-update-february-2021.md) +* [February 2021 finance update](finance-update-february-2021.md) From 775389644f2ae2fe60d0906a608b8f579ae68f66 Mon Sep 17 00:00:00 2001 From: =?UTF-8?q?demk=C5=8Dd=C5=8D?= Date: Tue, 20 Apr 2021 13:30:05 +0200 Subject: [PATCH 32/54] Update index.md --- activities/board-support/index.md | 1 - 1 file changed, 1 deletion(-) diff --git a/activities/board-support/index.md b/activities/board-support/index.md index 3269d261d..a82d0251e 100644 --- a/activities/board-support/index.md +++ b/activities/board-support/index.md @@ -7,4 +7,3 @@ type: index This work supports the [board of directors](../../organization/governance-model.md#board-of-directors) with their meetings and tasks: * [Board meeting process](board-meeting-process.md) -* [Board finance updates](../../organization/finance-updates.md) From 51dd6c9aa779a42386d7ebe7e5efb7e0252aa7db Mon Sep 17 00:00:00 2001 From: =?UTF-8?q?demk=C5=8Dd=C5=8D?= Date: Tue, 20 Apr 2021 14:52:57 +0200 Subject: [PATCH 33/54] Update activities/organization/finance-updates/finance-update-december-2020.md Co-authored-by: Elena FdR --- .../finance-updates/finance-update-december-2020.md | 2 +- 1 file changed, 1 insertion(+), 1 deletion(-) diff --git a/activities/organization/finance-updates/finance-update-december-2020.md b/activities/organization/finance-updates/finance-update-december-2020.md index 05f3556b3..a3e5b654d 100644 --- a/activities/organization/finance-updates/finance-update-december-2020.md +++ b/activities/organization/finance-updates/finance-update-december-2020.md @@ -12,7 +12,7 @@ type: resource ## Funding -The Foundation started in June 2019 with a startup-loan of € 1 million (€ 0,2mio + 0,8mio). This loan (including accrued interest € 29.691) is paid back on the 24th August 2020. On the 24th August the Foundation received a loan of € 1.702.200 that is part of a fiscal gift schema. Furthermore the first (formal fiscal) gift was received € 435.500. In total a net-amount of € 1.137.700 (€ 1,7mio + 0,4mio -/- 1mio) was received. +The Foundation started in June 2019 with a startup-loan of € 1 million (€ 0,2mil + 0,8mil). This loan (including accrued interest € 29.691) is paid back on the 24 August 2020. On 24 August the Foundation received a loan of € 1.702.200 that is part of a fiscal gift scheme. Furthermore the first (formal fiscal) gift of € 435.500 was received. In total, a net amount of € 1.137.700 (€ 1,7mil + 0,4mil -/- 1mil) was received. In October a decision was made to change the structure of the gift. On November 1st a transfer of € 1.726.000 was made to Public Code as a pre-payment of the last 4 terms of periodic gift dated 24-08-2020. The board of Public Code decided to use that money to repay the loan (€ 1.702.000) + interest (€ 9.652) to Dia Holding on November 1st. This brings an advantage of € 118.013 for Public Code. From 29a57e10fd746b29e65bc45fd9fa06354a90a633 Mon Sep 17 00:00:00 2001 From: =?UTF-8?q?demk=C5=8Dd=C5=8D?= Date: Tue, 20 Apr 2021 14:55:39 +0200 Subject: [PATCH 34/54] Update activities/organization/finance-updates/finance-update-december-2020.md Co-authored-by: Elena FdR --- .../finance-updates/finance-update-december-2020.md | 2 +- 1 file changed, 1 insertion(+), 1 deletion(-) diff --git a/activities/organization/finance-updates/finance-update-december-2020.md b/activities/organization/finance-updates/finance-update-december-2020.md index a3e5b654d..5c810bce5 100644 --- a/activities/organization/finance-updates/finance-update-december-2020.md +++ b/activities/organization/finance-updates/finance-update-december-2020.md @@ -14,7 +14,7 @@ type: resource The Foundation started in June 2019 with a startup-loan of € 1 million (€ 0,2mil + 0,8mil). This loan (including accrued interest € 29.691) is paid back on the 24 August 2020. On 24 August the Foundation received a loan of € 1.702.200 that is part of a fiscal gift scheme. Furthermore the first (formal fiscal) gift of € 435.500 was received. In total, a net amount of € 1.137.700 (€ 1,7mil + 0,4mil -/- 1mil) was received. -In October a decision was made to change the structure of the gift. On November 1st a transfer of € 1.726.000 was made to Public Code as a pre-payment of the last 4 terms of periodic gift dated 24-08-2020. The board of Public Code decided to use that money to repay the loan (€ 1.702.000) + interest (€ 9.652) to Dia Holding on November 1st. This brings an advantage of € 118.013 for Public Code. +In October 2020 a decision was made to change the structure of the gift. On November 1, a transfer of € 1.726.000 was made to the Foundation for Public Code as a pre-payment of the last 4 terms of periodic gift dated 24-08-2020. The board of the Foundation for Public Code decided to use that money to repay the loan (€ 1.702.000) + interest (€ 9.652) to Dia Holding on November 1st. This brings an advantage of € 118.013 for the Foundation for Public Code. ## General From 80734f2221c0caa3f3dc43ed74e08f6dfd3e4c09 Mon Sep 17 00:00:00 2001 From: =?UTF-8?q?demk=C5=8Dd=C5=8D?= Date: Tue, 20 Apr 2021 14:56:12 +0200 Subject: [PATCH 35/54] Update activities/organization/finance-updates/finance-update-december-2020.md Co-authored-by: Elena FdR --- .../finance-updates/finance-update-december-2020.md | 2 +- 1 file changed, 1 insertion(+), 1 deletion(-) diff --git a/activities/organization/finance-updates/finance-update-december-2020.md b/activities/organization/finance-updates/finance-update-december-2020.md index 5c810bce5..df7d867c3 100644 --- a/activities/organization/finance-updates/finance-update-december-2020.md +++ b/activities/organization/finance-updates/finance-update-december-2020.md @@ -18,7 +18,7 @@ In October 2020 a decision was made to change the structure of the gift. On Nove ## General -* The opening of a USD account is in progress and will help facilitate money transfers from KBFUS and to balance out the costs incurred by conversion rates and fees intermediary banks charge for international wire transfers. +* The opening of a USD account is in progress and will help facilitate [money transfers from KBFUS](../../activities/philanthropic-fundraising/donating-united-states.md) and to balance out the costs incurred by conversion rates and fees intermediary banks charge for international wire transfers. * The gift from Josh Elkes will be transferred as soon as this account is opened, which will be before the end of this year. ## State of the administration From 41d7a83a2251a803a4b199653f6dfb1c43691763 Mon Sep 17 00:00:00 2001 From: =?UTF-8?q?demk=C5=8Dd=C5=8D?= Date: Tue, 20 Apr 2021 14:58:17 +0200 Subject: [PATCH 36/54] Rename activities/organization/finance-updates/finance-update-december-2020.md to organization/finance-updates/finance-update-december-2020.md --- .../finance-updates/finance-update-december-2020.md | 0 1 file changed, 0 insertions(+), 0 deletions(-) rename {activities/organization => organization}/finance-updates/finance-update-december-2020.md (100%) diff --git a/activities/organization/finance-updates/finance-update-december-2020.md b/organization/finance-updates/finance-update-december-2020.md similarity index 100% rename from activities/organization/finance-updates/finance-update-december-2020.md rename to organization/finance-updates/finance-update-december-2020.md From bb1564a95d19d2f3333d399f8c2d2721abd8781f Mon Sep 17 00:00:00 2001 From: =?UTF-8?q?demk=C5=8Dd=C5=8D?= Date: Tue, 20 Apr 2021 15:00:30 +0200 Subject: [PATCH 37/54] Rename activities/organization/finance-updates/finance-update-february-2021.md to organization/finance-updates/finance-update-february-2021.md --- .../finance-updates/finance-update-february-2021.md | 0 1 file changed, 0 insertions(+), 0 deletions(-) rename {activities/organization => organization}/finance-updates/finance-update-february-2021.md (100%) diff --git a/activities/organization/finance-updates/finance-update-february-2021.md b/organization/finance-updates/finance-update-february-2021.md similarity index 100% rename from activities/organization/finance-updates/finance-update-february-2021.md rename to organization/finance-updates/finance-update-february-2021.md From 6560ea1f5ccdd1e82c57b8053e16db88bf175a24 Mon Sep 17 00:00:00 2001 From: =?UTF-8?q?demk=C5=8Dd=C5=8D?= Date: Tue, 20 Apr 2021 15:00:57 +0200 Subject: [PATCH 38/54] Rename activities/organization/finance-updates/finance-update-september-2020.md to organization/finance-updates/finance-update-september-2020.md --- .../finance-updates/finance-update-september-2020.md | 0 1 file changed, 0 insertions(+), 0 deletions(-) rename {activities/organization => organization}/finance-updates/finance-update-september-2020.md (100%) diff --git a/activities/organization/finance-updates/finance-update-september-2020.md b/organization/finance-updates/finance-update-september-2020.md similarity index 100% rename from activities/organization/finance-updates/finance-update-september-2020.md rename to organization/finance-updates/finance-update-september-2020.md From 591536f37c2694ec4c75d4749a55c1ce827cf27d Mon Sep 17 00:00:00 2001 From: =?UTF-8?q?demk=C5=8Dd=C5=8D?= Date: Tue, 20 Apr 2021 15:01:23 +0200 Subject: [PATCH 39/54] Rename activities/organization/finance-updates/index.md to organization/finance-updates/index.md --- .../organization => organization}/finance-updates/index.md | 0 1 file changed, 0 insertions(+), 0 deletions(-) rename {activities/organization => organization}/finance-updates/index.md (100%) diff --git a/activities/organization/finance-updates/index.md b/organization/finance-updates/index.md similarity index 100% rename from activities/organization/finance-updates/index.md rename to organization/finance-updates/index.md From f9bbc5a827a8d66c8be7b6a881136b8225a7f113 Mon Sep 17 00:00:00 2001 From: =?UTF-8?q?demk=C5=8Dd=C5=8D?= Date: Tue, 20 Apr 2021 15:03:59 +0200 Subject: [PATCH 40/54] Update finance-update-december-2020.md --- organization/finance-updates/finance-update-december-2020.md | 2 +- 1 file changed, 1 insertion(+), 1 deletion(-) diff --git a/organization/finance-updates/finance-update-december-2020.md b/organization/finance-updates/finance-update-december-2020.md index df7d867c3..eab6a9d1c 100644 --- a/organization/finance-updates/finance-update-december-2020.md +++ b/organization/finance-updates/finance-update-december-2020.md @@ -41,7 +41,7 @@ The budget for 2021 is based on actuals and a fair estimation of additional cost ## Interim conclusion -The new funding loan came in time for the continuation of funding for the Foundation. The runway is extended; the Opex (operational expenses) can be funded for the upcoming 19 months. Even though the runway is extended by AS, there is a need to get inflow of cash by: +The new funding loan came in time for the continuation of funding for the Foundation. The runway is extended; the Opex (operational expenses) can be funded for the upcoming 19 months. Even though the runway is extended by Arnout, there is a need to get inflow of cash by: * Contributions (members) - Provincie Zuid-Holland is our first member, but more is needed * Pledged donations From 00f2ab65eafbe1779b55cd8cb0abb43133320a26 Mon Sep 17 00:00:00 2001 From: =?UTF-8?q?demk=C5=8Dd=C5=8D?= Date: Tue, 20 Apr 2021 15:05:54 +0200 Subject: [PATCH 41/54] Update finance-update-september-2020.md --- organization/finance-updates/finance-update-september-2020.md | 2 +- 1 file changed, 1 insertion(+), 1 deletion(-) diff --git a/organization/finance-updates/finance-update-september-2020.md b/organization/finance-updates/finance-update-september-2020.md index 59e73603e..5f3f895ff 100644 --- a/organization/finance-updates/finance-update-september-2020.md +++ b/organization/finance-updates/finance-update-september-2020.md @@ -12,7 +12,7 @@ type: resource ## Funding -The Foundation started with a startup-loan of € 1 million (€ 0,2mio + 0,8mio). This loan (including accrued interest € 29.691) is paid back on the 24th August 2020. On the 24th August the Foundation received a loan of € 1.702.200 that is part of a fiscal gift schema. Furthermore, the first (formal fiscal) gift was received € 435.500. In total an net-amount of € 1.137.700 (€ 1,7mio + 0,4mio -/- 1mio) was received. +The Foundation started with a startup-loan of € 1 million (€ 0,2mio + 0,8mil). This loan (including accrued interest € 29.691) is paid back on the 24th August 2020. On the 24th August the Foundation received a loan of € 1.702.200 that is part of a fiscal gift schema. Furthermore, the first (formal fiscal) gift was received € 435.500. In total an net-amount of € 1.137.700 (€ 1,7mil + 0,4mil -/- 1mil) was received. ## State of the administration From 8a3b14a9b3e049db1d5dee8f076eae81a92a0b35 Mon Sep 17 00:00:00 2001 From: =?UTF-8?q?demk=C5=8Dd=C5=8D?= Date: Tue, 20 Apr 2021 15:11:12 +0200 Subject: [PATCH 42/54] Update finance-update-december-2020.md --- organization/finance-updates/finance-update-december-2020.md | 2 +- 1 file changed, 1 insertion(+), 1 deletion(-) diff --git a/organization/finance-updates/finance-update-december-2020.md b/organization/finance-updates/finance-update-december-2020.md index eab6a9d1c..62aefdfb0 100644 --- a/organization/finance-updates/finance-update-december-2020.md +++ b/organization/finance-updates/finance-update-december-2020.md @@ -43,5 +43,5 @@ The budget for 2021 is based on actuals and a fair estimation of additional cost The new funding loan came in time for the continuation of funding for the Foundation. The runway is extended; the Opex (operational expenses) can be funded for the upcoming 19 months. Even though the runway is extended by Arnout, there is a need to get inflow of cash by: -* Contributions (members) - Provincie Zuid-Holland is our first member, but more is needed +* Contributions (members) - Provincie Zuid-Holland is our first member, but more are needed * Pledged donations From eef271622031cd6baa934170a0c312408c9744bc Mon Sep 17 00:00:00 2001 From: ElenaFdR Date: Tue, 20 Apr 2021 15:29:22 +0200 Subject: [PATCH 43/54] Revert "Rename activities/organization/finance-updates/index.md to organization/finance-updates/index.md" This reverts commit 591536f37c2694ec4c75d4749a55c1ce827cf27d. --- .../organization}/finance-updates/index.md | 0 1 file changed, 0 insertions(+), 0 deletions(-) rename {organization => activities/organization}/finance-updates/index.md (100%) diff --git a/organization/finance-updates/index.md b/activities/organization/finance-updates/index.md similarity index 100% rename from organization/finance-updates/index.md rename to activities/organization/finance-updates/index.md From a12e3e6ba779b4fee85cefb84aa6625560dc7297 Mon Sep 17 00:00:00 2001 From: ElenaFdR Date: Tue, 20 Apr 2021 15:29:37 +0200 Subject: [PATCH 44/54] Revert "Rename activities/organization/finance-updates/finance-update-september-2020.md to organization/finance-updates/finance-update-september-2020.md" This reverts commit 6560ea1f5ccdd1e82c57b8053e16db88bf175a24. --- .../finance-updates/finance-update-september-2020.md | 0 1 file changed, 0 insertions(+), 0 deletions(-) rename {organization => activities/organization}/finance-updates/finance-update-september-2020.md (100%) diff --git a/organization/finance-updates/finance-update-september-2020.md b/activities/organization/finance-updates/finance-update-september-2020.md similarity index 100% rename from organization/finance-updates/finance-update-september-2020.md rename to activities/organization/finance-updates/finance-update-september-2020.md From a3177277636368a86c4157ea37eb4ba1d4bb7587 Mon Sep 17 00:00:00 2001 From: ElenaFdR Date: Tue, 20 Apr 2021 15:29:43 +0200 Subject: [PATCH 45/54] Revert "Rename activities/organization/finance-updates/finance-update-february-2021.md to organization/finance-updates/finance-update-february-2021.md" This reverts commit bb1564a95d19d2f3333d399f8c2d2721abd8781f. --- .../organization}/finance-updates/finance-update-february-2021.md | 0 1 file changed, 0 insertions(+), 0 deletions(-) rename {organization => activities/organization}/finance-updates/finance-update-february-2021.md (100%) diff --git a/organization/finance-updates/finance-update-february-2021.md b/activities/organization/finance-updates/finance-update-february-2021.md similarity index 100% rename from organization/finance-updates/finance-update-february-2021.md rename to activities/organization/finance-updates/finance-update-february-2021.md From d89208ff4232f3378ca13585d98191d2e6c5f102 Mon Sep 17 00:00:00 2001 From: ElenaFdR Date: Tue, 20 Apr 2021 15:30:01 +0200 Subject: [PATCH 46/54] Revert "Rename activities/organization/finance-updates/finance-update-december-2020.md to organization/finance-updates/finance-update-december-2020.md" This reverts commit 41d7a83a2251a803a4b199653f6dfb1c43691763. --- .../organization}/finance-updates/finance-update-december-2020.md | 0 1 file changed, 0 insertions(+), 0 deletions(-) rename {organization => activities/organization}/finance-updates/finance-update-december-2020.md (100%) diff --git a/organization/finance-updates/finance-update-december-2020.md b/activities/organization/finance-updates/finance-update-december-2020.md similarity index 100% rename from organization/finance-updates/finance-update-december-2020.md rename to activities/organization/finance-updates/finance-update-december-2020.md From 2792a81dd99ac5460605928f3f4022dfc668f1d2 Mon Sep 17 00:00:00 2001 From: =?UTF-8?q?demk=C5=8Dd=C5=8D?= Date: Tue, 20 Apr 2021 15:31:17 +0200 Subject: [PATCH 47/54] Update activities/organization/finance-updates/finance-update-february-2021.md Co-authored-by: Elena FdR --- .../finance-updates/finance-update-february-2021.md | 2 +- 1 file changed, 1 insertion(+), 1 deletion(-) diff --git a/activities/organization/finance-updates/finance-update-february-2021.md b/activities/organization/finance-updates/finance-update-february-2021.md index 9dd0dfefd..9f0328929 100644 --- a/activities/organization/finance-updates/finance-update-february-2021.md +++ b/activities/organization/finance-updates/finance-update-february-2021.md @@ -23,4 +23,4 @@ Financial report (Jaarverslag + Jaarrekening) currently being developed by Debor ## Interim conclusion * Operational expenses can be funded for the next 16 months -* There is a need to get inflow of cash through: Member contributions and philanthropic donations +* There is a need to get inflow of cash through member contributions and philanthropic donations From ee71616688560c85b87e8cc35e730a824db0e5cb Mon Sep 17 00:00:00 2001 From: =?UTF-8?q?demk=C5=8Dd=C5=8D?= Date: Tue, 20 Apr 2021 15:31:26 +0200 Subject: [PATCH 48/54] Update activities/organization/finance-updates/finance-update-february-2021.md Co-authored-by: Elena FdR --- .../finance-updates/finance-update-february-2021.md | 2 +- 1 file changed, 1 insertion(+), 1 deletion(-) diff --git a/activities/organization/finance-updates/finance-update-february-2021.md b/activities/organization/finance-updates/finance-update-february-2021.md index 9f0328929..aec8ad8f5 100644 --- a/activities/organization/finance-updates/finance-update-february-2021.md +++ b/activities/organization/finance-updates/finance-update-february-2021.md @@ -18,7 +18,7 @@ type: resource ## Financial annual report -Financial report (Jaarverslag + Jaarrekening) currently being developed by Deborah with support from accountants (Maarten Smulders Get Monkeys and Rob). Ready by mid-March 2021. +Financial report (Jaarverslag + Jaarrekening) currently being developed by Deborah with support from accountants (Maarten Smulders from Get Monkeys and Rob). Ready by mid-March 2021. ## Interim conclusion From 30dbe83bff71d8ee25cdeb392a3083575c354232 Mon Sep 17 00:00:00 2001 From: =?UTF-8?q?demk=C5=8Dd=C5=8D?= Date: Tue, 20 Apr 2021 15:31:45 +0200 Subject: [PATCH 49/54] Update activities/organization/finance-updates/finance-update-september-2020.md Co-authored-by: Elena FdR --- .../finance-updates/finance-update-september-2020.md | 2 +- 1 file changed, 1 insertion(+), 1 deletion(-) diff --git a/activities/organization/finance-updates/finance-update-september-2020.md b/activities/organization/finance-updates/finance-update-september-2020.md index 5f3f895ff..cb6872eaa 100644 --- a/activities/organization/finance-updates/finance-update-september-2020.md +++ b/activities/organization/finance-updates/finance-update-september-2020.md @@ -22,7 +22,7 @@ The Foundation started with a startup-loan of € 1 million (€ 0,2mio + 0,8mil ## Interim conclusion -The new funding loan came in time for the funding of the foundation. The so called runway is extended; the Opex (operational expenses) can be funded for the upcoming 12 to 13 months. Even though the runway is extended by AS, there is a need to get inflow of cash by: +The new funding loan came in time for the funding of the Foundation for Public Code. The runway is extended; the Opex (operational expenses) can be funded for the upcoming 12 to 13 months. Even though the runway is extended by AS, there is a need to get inflow of cash by: * Contributions (members) * Pledged donations From 63e126257bc5b2a3f9aa506105024eca7e5dd57a Mon Sep 17 00:00:00 2001 From: =?UTF-8?q?demk=C5=8Dd=C5=8D?= Date: Tue, 20 Apr 2021 15:32:17 +0200 Subject: [PATCH 50/54] Update finance-update-september-2020.md --- .../finance-updates/finance-update-september-2020.md | 4 ++-- 1 file changed, 2 insertions(+), 2 deletions(-) diff --git a/activities/organization/finance-updates/finance-update-september-2020.md b/activities/organization/finance-updates/finance-update-september-2020.md index cb6872eaa..8ec7c112b 100644 --- a/activities/organization/finance-updates/finance-update-september-2020.md +++ b/activities/organization/finance-updates/finance-update-september-2020.md @@ -22,11 +22,11 @@ The Foundation started with a startup-loan of € 1 million (€ 0,2mio + 0,8mil ## Interim conclusion -The new funding loan came in time for the funding of the Foundation for Public Code. The runway is extended; the Opex (operational expenses) can be funded for the upcoming 12 to 13 months. Even though the runway is extended by AS, there is a need to get inflow of cash by: +The new funding loan came in time for the funding of the Foundation for Public Code. The runway is extended; the Opex (operational expenses) can be funded for the upcoming 12 to 13 months. Even though the runway is extended by Arnout, there is a need to get inflow of cash by: * Contributions (members) * Pledged donations ## Background information -The financial administration was subject to changing conditions. At the start there was a start-up loan and a planned funding loan, both on an annuity basis. The redemption schema and the interest payment schema was based on this annuity basis and amortized over the months. Now the administration is based on the actual receival of the gifts; the amounts aren’t amortized. +The financial administration was subject to changing conditions. At the start there was a start-up loan and a planned funding loan, both on an annuity basis. The redemption schema and the interest payment schema was based on this annuity basis and amortized over the months. Now the administration is based on the actual receival of the gifts; the amounts aren’t amortized. From d22ceec4c3b952930e0da9364a55f6f2eadaea74 Mon Sep 17 00:00:00 2001 From: =?UTF-8?q?demk=C5=8Dd=C5=8D?= Date: Tue, 20 Apr 2021 16:04:32 +0200 Subject: [PATCH 51/54] Update activities/organization/finance-updates/finance-update-february-2021.md Co-authored-by: Elena FdR --- .../finance-updates/finance-update-february-2021.md | 2 +- 1 file changed, 1 insertion(+), 1 deletion(-) diff --git a/activities/organization/finance-updates/finance-update-february-2021.md b/activities/organization/finance-updates/finance-update-february-2021.md index aec8ad8f5..a93319128 100644 --- a/activities/organization/finance-updates/finance-update-february-2021.md +++ b/activities/organization/finance-updates/finance-update-february-2021.md @@ -14,7 +14,7 @@ type: resource * Opening a US Dollar account is on hold until deemed necessary * Josh Elkes gift transferred on February 4th: Donation minus KBFUS fees: $ 49.750,00 (€ 41.216,19) -* Waiting for Provincie Zuid-Holland to transfer the dues: € 12.486,00 (€ 2.486 start membership Oct - Dec 2020 and € 10.000 dues for 2021) +* Waiting for Provincie Zuid-Holland to transfer their membership dues: € 12.486,00 (€ 2.486 start membership Oct - Dec 2020 and € 10.000 dues for 2021) ## Financial annual report From 9669b42fd9485c82bb42cffd60338ab5888e164b Mon Sep 17 00:00:00 2001 From: =?UTF-8?q?demk=C5=8Dd=C5=8D?= Date: Tue, 20 Apr 2021 16:07:13 +0200 Subject: [PATCH 52/54] Update finance-update-september-2020.md --- .../finance-updates/finance-update-september-2020.md | 4 ++-- 1 file changed, 2 insertions(+), 2 deletions(-) diff --git a/activities/organization/finance-updates/finance-update-september-2020.md b/activities/organization/finance-updates/finance-update-september-2020.md index 8ec7c112b..900593031 100644 --- a/activities/organization/finance-updates/finance-update-september-2020.md +++ b/activities/organization/finance-updates/finance-update-september-2020.md @@ -12,7 +12,7 @@ type: resource ## Funding -The Foundation started with a startup-loan of € 1 million (€ 0,2mio + 0,8mil). This loan (including accrued interest € 29.691) is paid back on the 24th August 2020. On the 24th August the Foundation received a loan of € 1.702.200 that is part of a fiscal gift schema. Furthermore, the first (formal fiscal) gift was received € 435.500. In total an net-amount of € 1.137.700 (€ 1,7mil + 0,4mil -/- 1mil) was received. +The Foundation started with a startup-loan of € 1 million (€ 0,2mil + 0,8mil). This loan (including accrued interest € 29.691) is paid back on the 24th August 2020. On the 24th August the Foundation received a loan of € 1.702.200 that is part of a fiscal gift schema. Furthermore, the first (formal fiscal) gift was received € 435.500. In total an net-amount of € 1.137.700 (€ 1,7mil + 0,4mil -/- 1mil) was received. ## State of the administration @@ -29,4 +29,4 @@ The new funding loan came in time for the funding of the Foundation for Public C ## Background information -The financial administration was subject to changing conditions. At the start there was a start-up loan and a planned funding loan, both on an annuity basis. The redemption schema and the interest payment schema was based on this annuity basis and amortized over the months. Now the administration is based on the actual receival of the gifts; the amounts aren’t amortized. +The financial administration was subject to changing conditions. At the start there was a start-up loan and a planned funding loan, both on an annuity basis. The redemption scheme and the interest payment scheme were based on this annuity basis and amortized over the months. Now the administration is based on the actual receipt of the gifts; the amounts aren’t amortized. From 694bcd9eef5f01e54d173f9e62b0914239c0ac15 Mon Sep 17 00:00:00 2001 From: =?UTF-8?q?demk=C5=8Dd=C5=8D?= Date: Tue, 20 Apr 2021 16:27:33 +0200 Subject: [PATCH 53/54] Update finance-update-december-2020.md --- .../finance-updates/finance-update-december-2020.md | 2 +- 1 file changed, 1 insertion(+), 1 deletion(-) diff --git a/activities/organization/finance-updates/finance-update-december-2020.md b/activities/organization/finance-updates/finance-update-december-2020.md index 62aefdfb0..a55b856ad 100644 --- a/activities/organization/finance-updates/finance-update-december-2020.md +++ b/activities/organization/finance-updates/finance-update-december-2020.md @@ -18,7 +18,7 @@ In October 2020 a decision was made to change the structure of the gift. On Nove ## General -* The opening of a USD account is in progress and will help facilitate [money transfers from KBFUS](../../activities/philanthropic-fundraising/donating-united-states.md) and to balance out the costs incurred by conversion rates and fees intermediary banks charge for international wire transfers. +* The opening of a USD account is in progress and will help facilitate money transfers from KBFUS and to balance out the costs incurred by conversion rates and fees intermediary banks charge for international wire transfers. * The gift from Josh Elkes will be transferred as soon as this account is opened, which will be before the end of this year. ## State of the administration From 3677f998cd3afb4cf55a93cec5e9ff02138c137b Mon Sep 17 00:00:00 2001 From: Boris VAN HOYTEMA Date: Thu, 22 Jul 2021 15:00:05 +0200 Subject: [PATCH 54/54] Move from activities to organization --- .../finance-updates/finance-update-december-2020.md | 0 .../finance-updates/finance-update-february-2021.md | 0 .../finance-updates/finance-update-september-2020.md | 0 .../organization => organization}/finance-updates/index.md | 0 4 files changed, 0 insertions(+), 0 deletions(-) rename {activities/organization => organization}/finance-updates/finance-update-december-2020.md (100%) rename {activities/organization => organization}/finance-updates/finance-update-february-2021.md (100%) rename {activities/organization => organization}/finance-updates/finance-update-september-2020.md (100%) rename {activities/organization => organization}/finance-updates/index.md (100%) diff --git a/activities/organization/finance-updates/finance-update-december-2020.md b/organization/finance-updates/finance-update-december-2020.md similarity index 100% rename from activities/organization/finance-updates/finance-update-december-2020.md rename to organization/finance-updates/finance-update-december-2020.md diff --git a/activities/organization/finance-updates/finance-update-february-2021.md b/organization/finance-updates/finance-update-february-2021.md similarity index 100% rename from activities/organization/finance-updates/finance-update-february-2021.md rename to organization/finance-updates/finance-update-february-2021.md diff --git a/activities/organization/finance-updates/finance-update-september-2020.md b/organization/finance-updates/finance-update-september-2020.md similarity index 100% rename from activities/organization/finance-updates/finance-update-september-2020.md rename to organization/finance-updates/finance-update-september-2020.md diff --git a/activities/organization/finance-updates/index.md b/organization/finance-updates/index.md similarity index 100% rename from activities/organization/finance-updates/index.md rename to organization/finance-updates/index.md