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Do the Foundation make money when you purchase a Pi?
by voltagex_ 9y ago
Do the Foundation make money when you purchase a Pi?
- oblib 9y agoYes. They make money on all the Raspberry Pi sold.
- lucaspiller 9y agoIn 2015 they had a net income of £2.8m (it's a registered charity so they can't distribute profits) [0]. https://beta.companieshouse.gov.uk/company/06758215/filing-history/MzE1NTcxMzQ5MWFkaXF6a2N4/document?format=pdf&download=0 https://beta.companieshouse.gov.uk/company/06758215/filing-h...
- pbhjpbhj 9y agoWorth noting here I feel, as a general point, that profits can't be distributed but the same monies can be paid out as wages. You can - or could last I heard - pay people million dollar wages as a UK "Charity"; http://www.telegraph.co.uk/news/politics/11435754/32-charity-bosses-paid-over-200000-last-year.html http://www.telegraph.co.uk/news/politics/11435754/32-charity... quotes some £750k+ wages. Charities can make "investments" too. AFAIK the RPi foundation is completely straight in this respect, just worth mentioning the general position for UK Charities IMO.
- kingosticks 9y agoYes, money they invest in their mission: > we provide outreach and education to help more people access computing and digital making. We develop free resources to help people learn about computing and how to make things with computers, and train educators who can guide other people to learn