[Consortium] Funding option

[Ivica Ico Bukvic]

Greetings all,

After some research, it seems that this may not be an option as long as we
have the site hosted by the university due to relatively strict regulations
by the State (VT is one of the so-called "land grant" universities). I'll
keep searching for a workaround, but for the time being, our only chance
seems to be incorporating as a not-for-profit. Yet, before we can do that,
we need to restructure the board to prepare it for such a transition. More
about this later...

All that being said, there is another option I am currently looking into.
Namely, incorporating with the help from the Virginia Tech University where
we would become a "center" with a possible space in VT's research center
complex. However, this may hinge upon the fact that we would then bear some
fiscal responsibility towards the University and in the long run may not
have as much flexibility as we may need. Again, this is something I am
currently looking into as well.

Best wishes,

Ivica Ico Bukvic, D.M.A.
Linuxaudio.org Director
Virginia Tech
Department of Music - 0240
Blacksburg, VA 24061
(540) 231-1137
(540) 231-5034 (fax)
ico at linuxaudio.org
http://www.music.vt.edu/people/faculty/bukvic


> -----Original Message-----
> From: Patrick Shirkey [mailto:pshirkey at boosthardware.com]
> Sent: Tuesday, August 08, 2006 6:12 AM
> To: Ivica Ico Bukvic
> Subject: Re: [Consortium] Funding option
> 
> Hi Ico,
> 
> The account can be setup so that google keeps a tally of the amount
> earned and holds it until you are ready to withdraw it. At that point
> you can get a bank cheque sent out or electronic transfer directly into
> the consortiums bank account.
> 
> There won't be a huge sum of money but over the period of a year it
> might get up to a few hundred dollars.
> 
> Cheers.
> 
> 
> Ivica Ico Bukvic wrote:
> > OK. But what happens with the money made from the ads? Does Google
> generate
> > an account which accrues this or do we still have to generate some kind
> of
> > an account where the money is deposited?
> >
> > Ico
> >
> >> -----Original Message-----
> >> From: consortium-bounces at lists.linuxaudio.org [mailto:consortium-
> >> bounces at lists.linuxaudio.org] On Behalf Of Patrick Shirkey
> >> Sent: Monday, August 07, 2006 4:30 AM
> >> To: Ivica Ico Bukvic
> >> Cc: consortium at lists.linuxaudio.org
> >> Subject: Re: [Consortium] Funding option
> >>
> >> Hi,
> >>
> >> We don't need any bank account to get it started. Someone has to sign
> up
> >> for a new account with the adwords system under the name of the
> >> consortium. Then once it is accepted we just add the relevant code to
> >> the various pages/sites in the LAO posse.
> >>
> >> It takes about 10 minutes to sign up and a couple of days to be
> processed.
> >>
> >> Cheers.
> >>
> >> Ivica Ico Bukvic wrote:
> >>> I know this has been a while, but this does seem like a reasonable
> idea.
> >>> What do we need to get this going? A paypal account? What else?
> >>>
> >>> Ico
> >>>
> >>>> -----Original Message-----
> >>>> From: consortium-bounces at lists.linuxaudio.org [mailto:consortium-
> >>>> bounces at lists.linuxaudio.org] On Behalf Of Dave Phillips
> >>>> Sent: Thursday, June 22, 2006 7:45 AM
> >>>> To: consortium at lists.linuxaudio.org
> >>>> Subject: Re: [Consortium] Funding option
> >>>>
> >>>> Patrick Shirkey wrote:
> >>>>
> >>>>> Hi,
> >>>>>
> >>>>> One possible way of generating a small revenue stream which could be
> >>>>> used to support the consortium financially is to have google/yahoo
> ads
> >>>>> on the LAO websites.
> >>>>>
> >>>>> Currently none of the websites hosted have them and it is obviously
> >>>>> not everyones first choice.
> >>>>>
> >>>>> A few reasons I can think of for adding advertising to the site are:
> >>>>>
> >>>>> - Constant stream of income
> >>>>> - The sites get heavy traffic so we would get high click through
> rates
> >>>>> and percentages
> >>>>> - It *could* make us look more professional to non-Libre initiated
> >> users
> >>>>> - If the sites make good money then it will be channeled back into
> the
> >>>>> consortium and associated projects
> >>>>> - Google has been supportive of LAD and open source through "Summer
> of
> >>>>> Code"
> >>>>> - We all use Google anyway so lets cash in like everyone else
> >>>>>
> >>>>>
> >>>>> Anyhow it is definitely a consortium decision as it will no doubt be
> >>>>> viewed negatively by a substantial number of LAD/LAU'ers.
> >>>> No objection here. I've recently considered adding Google ads on the
> >>>> soundapps site, though my inertia will probably kibosh that plan. :)
> >>>>
> >>>> Best,
> >>>>
> >>>> dp
> >>>>
> >>>> _______________________________________________
> >>>> Consortium mailing list
> >>>> Consortium at lists.linuxaudio.org
> >>>> http://lists.linuxaudio.org/cgi-bin/mailman/listinfo/consortium
> >>> _______________________________________________
> >>> Consortium mailing list
> >>> Consortium at lists.linuxaudio.org
> >>> http://lists.linuxaudio.org/cgi-bin/mailman/listinfo/consortium
> >>>
> >>
> >> --
> >> Patrick Shirkey - Boost Hardware Ltd.
> >> Http://www.boosthardware.com
> >> Http://lau.linuxaudio.org - The Linux Audio Users guide
> >> ========================================
> >>
> >> "Anything your mind can see you can manifest physically, then it will
> >> become reality" - Macka B
> >>
> >> _______________________________________________
> >> Consortium mailing list
> >> Consortium at lists.linuxaudio.org
> >> http://lists.linuxaudio.org/cgi-bin/mailman/listinfo/consortium
> >
> >
> 
> 
> --
> Patrick Shirkey - Boost Hardware Ltd.
> Http://www.boosthardware.com
> Http://lau.linuxaudio.org - The Linux Audio Users guide
> ========================================
> 
> "Anything your mind can see you can manifest physically, then it will
> become reality" - Macka B