Money Handling Policy

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Here are the proposed procedures for handling money:

  1. Julia does fundraising.
  2. Marcin spends it with a credit card or check book on project development.
  3. Any expenditures above a set amount (to be determined by May 1st) require the approval of a board member (individual to be identified by May 1st) and Marcin.
  4. Online all the transactions are recorded by an annotation.
  5. Entire month report is published on the wiki.


  1. Full budget is published
    1. Budget is broken down by project
    2. Each project is broken down by materials, design cost, prototype cost, documentation cost, any overhead, etc.
  2. Full budget meets monthly and quarterly reports

Adrian - is this acceptable?