Inline Biran answered me: > > Wijnen, Bert (Bert) wrote: > > I am not a real accountant and kind of simple-minded. > > > > So when you say: > > > >>>>>>>"Lynn" == Lynn St Amour <st.amour@xxxxxxxx> writes: > >> > >> Lynn> over 80% of ISOC's org. members donate less than $10K > >> Lynn> annually and managing these in a 'restricted accounting > >> Lynn> manner' requires more effort and overhead. Also, > >> Lynn> organizations/donors expect recognition appropriate to their > >> Lynn> contribution and that implies differing levels of value and > >> Lynn> distinction. > >> > > > > I then wonder.... > > > > - if there is s separate or special bank account for IASA/ETF > > - if I can just deposit my donation into that bank account > > - What then is the "more effort and overhead" ?? > > > > I just do not understand. > > > > Bert, I'm sure Lynn will answer this too, but from when the ISOC was > discussing accounting practices for individual member subscriptions > and donations, I remember that the bank account aspect is the least > of the worries (and anyway, we already reached consensus not to > have a separate bank account). I am not even talking about "separate bank account" as we did in an early rev of the iasa-bcp doc. I am talking about an ISOC bank account that will ONLY receive donations targeted for a specific purpose. By depositing money on the specific bank account, you IMPLICITLY tell ISOC that the money is intended for a specific purpose, in this case IETF. Again it must be the simple-minded me who does not understand. Bert > he issue is that accounting entries > have to be made in a very specific way for money which is tied to > a specific purpose, and while that is a small overhead if someone > donates $100k, it becomes a significant overhead if 100 people > donate $1k. It can end up eating money for accounting actions > that really serve no useful purpose but have to be done to follow > thr accounting rules. So I think Lynn is correct and we have to > give ISOC the necessary flexibility. > > Brian > _______________________________________________ Ietf@xxxxxxxx https://www1.ietf.org/mailman/listinfo/ietf