| Win7Mac | now THATS good news! | 00:00 |
|---|---|---|
| Win7Mac | they branche s all over germany | 00:00 |
| Win7Mac | and a lot of other EU countries | 00:00 |
| Win7Mac | the best news still being that you have an account at capital one... | 00:01 |
| Woody14619 | Looks like it's between Chase and CapitalOne then. Will setup and e-mail and drop it on both, see who's interested. I'd call, but good odds they're done locally for the holiday weekend. :P | 00:02 |
| Win7Mac | bank of america? | 00:02 |
| Woody14619 | Let's consider them (and others) fallbacks. I'll chat with these two and see where it goes. If not, I'll continue until I get something reasonable setup. | 00:03 |
| Woody14619 | BoA is... Not the most "ethical" bank lately. Large US scandle of them forclosing on homes where in some cases they didn't even hold a mortgage. | 00:04 |
| Woody14619 | http://business.time.com/2011/06/06/homeowner-forecloses-on-bank-of-america-yes-you-heard-that-right/ | 00:04 |
| Woody14619 | Many more were found since then... | 00:05 |
| Win7Mac | Well, I don't have any doubts you'd set up an account anywhere, it'd just be for getting a other, non-US treasurers on the list | 00:05 |
| Woody14619 | That will be a requirement in the discussions. | 00:05 |
| Win7Mac | prepare for "Oh sorry then, we don't wan't you then" | 00:12 |
| Woody14619 | I'm sure. :) But I'm sure we can find some bank willing to take it on. | 00:13 |
| Win7Mac | Woody14619, what do you think about 501(c)3 status, is it approved? | 00:13 |
| Woody14619 | Wonder how other interational groups handle this? (OSF and others, for example...) | 00:13 |
| Win7Mac | can we definetely hold that status? | 00:13 |
| Win7Mac | they *have* money to spend... | 00:14 |
| Woody14619 | I know we're officially a non-profit organization. I do not know if we qualify for 501(c)3 directly as a result of that or if there is additional stuff to complete for that. | 00:14 |
| Woody14619 | Our articles of incorporation are specifically for a non-profit corporation. | 00:14 |
| Win7Mac | it says so in 1 document, let me search | 00:15 |
| Woody14619 | Which is the one banks look at / require for opening an account. Since that also sets up our EIN (our "virtual entity" id) | 00:15 |
| Win7Mac | "Articles of Incorporation - Nonprofit" as Jaffa has sent it in the other mail... | 00:16 |
| Win7Mac | in there, page 5/5 lower left corner... | 00:17 |
| Woody14619 | Yeah, I need to go over those. And have Jaffa forward them to me. :P Work catch-up has been rought. Two 60 hours weeks. :P | 00:17 |
| Woody14619 | But enough that I'm back now.. well... just in time for a 3-day weekend. :P | 00:18 |
| Win7Mac | the original Articles of Incorporation, signed by commonwealth of Pennsylvania | 00:19 |
| Win7Mac | "notice of incorporation" | 00:19 |
| Woody14619 | Yup. | 00:20 |
| Woody14619 | K, I need to finish up and get going. So, I'm looking for a new bank and will follow up as I make progress (or burn through the list of options). | 00:20 |
| Woody14619 | Will also keep an eye on the mailbox for the check via Rob. | 00:21 |
| Win7Mac | if we can *for sure* hold that charitable status, we might not want to nuke it, but have an e.V. as supportive instance | 00:21 |
| Win7Mac | aka Förderverein | 00:21 |
| Woody14619 | I'm good either way. We need to finish out the year in any case. One of the few things I recall was PA law has pentalties for starting/ending a business in the same year. | 00:22 |
| Win7Mac | it could provide financial/material means to the US foundation | 00:22 |
| Woody14619 | More likely the other way round, but sure... :) | 00:23 |
| Win7Mac | no, a Förderverein is meant for the exact other way round purpose | 00:23 |
| Woody14619 | Thanks for keeping on top of this. And thanks to DocScrutinizer51 and the tech crew for keeping the lights on. Hopefully by years end this will all be happily resolved and working the way it should have been since day one. | 00:24 |
| Win7Mac | fördern = promote | 00:24 |
| Woody14619 | Ah. :) Well... Again, I'm not so concerned about it right now as getting things flowing so we can do useful things. (Getting additional blade... paying bills, etc) | 00:34 |
| Win7Mac | oh, BTW, you got access to paypal? | 00:35 |
| Win7Mac | and we should consider a meeting soon probably? | 00:35 |
| Woody14619 | I have access to the paypal that's bonkered because it wasn't linked properly to the bank account, causing PayPal to be problematic. | 00:36 |
| Woody14619 | I don't want to even consider "fixing" that until we have a bank to link it to, since that's going to be a key item they're going to want, clearly. | 00:36 |
| Win7Mac | ok, so you can look into it, just not do anything? | 00:37 |
| Woody14619 | Yes, we should do a meeting soon. I'm open for most things after tuesday. | 00:37 |
| Woody14619 | Yup. Can't "approve" or accept new donations because the account is locked. Account is locked because it's not linked to a bank account. | 00:38 |
| Win7Mac | ok, deposit is 0$? | 00:38 |
| Woody14619 | May be worth chatting with PayPal about who they would suggest for an international bank as well, since they clearly deal with that. | 00:38 |
| Woody14619 | I honetly don't know, and don't have the credentials handy to check right now. I had the password via e-mail, after the change over when cosimo left. I don't recall it having a balance. | 00:39 |
| Win7Mac | they have a VERY different status, any bank would love to do business with them I guess... | 00:40 |
| Woody14619 | Will put that on the to-do list... | 00:40 |
| Woody14619 | K, I have to get going. Will track via e-mail. Lets see if we can get a time setup in a week or two for a meeting. Hopefully by then chemist is back and can partake as well. | 00:41 |
| Woody14619 | Have a nice weekend (and laborday holiday, for those in the states). | 00:42 |
| Win7Mac | right | 00:42 |
| Win7Mac | you too woody | 00:42 |
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