4 ms·
The foundation paid a lot more for their own employees than for the platform https://opencollective.com/foundation#category-BUDGET https://opencollective.com/fo
by yorwba 3y ago
The foundation paid a lot more for their own employees than for the platform https://opencollective.com/foundation#category-BUDGET https://opencollective.com/foundation#category-BUDGET so I don't think you can pin it solely on the company, the "complex services" performed by the foundation itself also cost money.
What confuses me about the budget breakdown is that the all-time expenses and contributions don't add up to the top-line disbursed and income amounts. Especially the income seems to be almost entirely opaque; maybe that was a large one-time grant that is now running out.
- bombcar 3y ago"This year" is all "no tag" which sounds like it's not sorted yet, or just shutdown expenses. Last year was $1.3m for 5 "number of expenses" (high but not insanely so depending on what it covered) and $400k for the platform. You can go into detail: https://opencollective.com/foundation/transactions?kind=EXPENSE https://opencollective.com/foundation/transactions?kind=EXPE... and I'm not sure how they classify employment versus various other things. It may be that the for-profit company gave the foundation a ball of money to start, and it was to get self-sufficient by now, and failed to do so.