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2018 IPFS Research grant

Open benhylau opened this issue 7 years ago • 4 comments

@benhylau just received the IPFS Research grant we submitted to fund some workshop work for the remainder of 2018 🎆

Sep 17, 2018  Payment fee -$17.00
Sep 17, 2018  Incoming wire payment $6,268.27

The scope for this grant is the following, which is not overlapping with our earlier SSBC grant:

  • Remaining work to package workshop for non-technical facilitator that is outside of SSBC grant scope
  • Making hardware easily accessible (e.g. support cheaper/readily available hardware, investigate selling as package on Tindie, etc.)
  • Curriculum collaborations with other third-parties (e.g. follow up with a couple organizations who has gotten in touch to collaborate on integrating components of this into their curriculum)

I also had to submit a W-8BEN form which basically means PL does not need to withhold taxes, but I am personally liable for filing and paying taxes on this money to the Canadian government. So I imagine the grant money to be split into:

Use Amount (CAD)
Taxes x
Hardware y
Salary z
Total 6,251.27

x and y will be held in CAD, and if we use the exact same process as ssbc-grants-scuttlemesh, z will need to be converted to Ethereum. I am a little uncomfortable converting grant money from CAD into a volatile asset even though I really like the simplicity and transparency of how we are disbursing the SSBC grant. Active contributors to this repository should consense on these items.

benhylau avatar Sep 17 '18 22:09 benhylau

My proposal:

Use Amount (CAD)
Taxes* 1,750
Hardware 2,250
Salary 2,251.27
Total 6,251.27

Taxes (28% of 6,251.27) is withheld, after @benhylau files for 2018 taxes, he will draw from this account, with the remainder put pack into a hardware fund. Thoughts?

benhylau avatar Sep 20 '18 20:09 benhylau

I go a bit higher then 28% don't want you to be out of pocket

if rest goes into hardware anyway.

darkdrgn2k avatar Sep 20 '18 22:09 darkdrgn2k

Looks like I don't need to pay any taxes on that money. So CAD 1,750 is available to be reallocated to other use, within grant scope. Suggestions?

benhylau avatar Mar 25 '19 03:03 benhylau

Suggestions:

  • Pay someone to launch and maintain a Tindie store with minimal stock of mesh equipment
  • Buy some LibreRouters since we had some talks of using it in the next revision of workshops

By the way, we still have money in both the Hardware and Salary pools.

benhylau avatar Mar 25 '19 03:03 benhylau