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The One Million Masterpiece | Project direction | Calander Profits

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Calander Profits

Jeran Halfpap
Member

Posts: 71
Joined: 29.10.06

Posted on 29-01-2007 23:22

where will the profits (if any) go from the calenders sold?
I am assuming to a charity, but i am not sure, and i would love to know before I buy one.

Author

RE: Calander Profits

Timo Jääskeläinen
Member

Posts: 76
Joined: 06.01.07

Posted on 30-01-2007 09:48

From the News Blog:
All proceeds from the sale of calendars will be donated to the OMM to help cover project running costs.

Author

RE: Calander Profits

Paul Fisher
Super Administrator

Posts: 277
Joined: 25.06.06

Posted on 30-01-2007 10:01

As a non-profit entity all profits must either go to the charities or in to running costs. In this case all profits are being used to sustain the project (expenses such as server and bandwidth costs).

Author

RE: Calander Profits

P H
Super Administrator

Posts: 213
Joined: 07.09.06

Posted on 30-01-2007 10:06

Essentially this is just like the calendar money goinig directly to the charities. If this reduces the running costs then a higher percentage of the donations will be free to go diectly to the supported charities.

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