waltersgirl
03-21-2003, 02:02 AM
*the original Beyond Hope Fund FAQ
What is the purpose of the Farscape: Beyond Hope (FS:BH) Fund?
The monies donated to the Fund will be used to work for the renewal of Farscape through marketing, advertising and other yet-to-be-determined activities such as mail campaigns or rallies.
We're working with other Scapers to formulate effective strategies to best promote our joint cause, and will carefully investigate the most high-profile and cost-efficient methods to make the best use of the monies you are entrusting to us.
Is the Farscape: Beyond Hope Fund different from the Beyond Hope Project?
Yes. The FS: BH Fund is an ongoing fund-raising effort to accrue funds to support efforts to renew Farscape or find it a new network home. The Beyond Hope Project was to fund a one-time ad to show support for cast and crew.
What is the process to disburse money?
There is an approval board of three people who will sign off on all expenditures before a check may be written to cover any expenses.
One of the approvers is Red. The other two are DallasScaper and Dani Moure.
editors note: there's been a change here. as soon as i can verify the additional approvers, i'll edit this bit.
Is the FS: BH Fund a non-profit entity?
No. It would take 4-6 months for the non-profit status paperwork to cycle through the government approval process. It would take a lot of administration and reporting to maintain.
Are my contributions tax-deductible?
No. The Fund is not a non-profit entity, therefore any contributions are considered gifts and do not have tax-deductible status.
What about taxes on the Fund?
The Fund will be taxed on any profit received. In this case the profit is in the form of interest on a money market account. Any interest will be taxed as profit. If we were to collect 100K and we could earn 5% interest the profit is only 5K. The Fund would have to pay taxes on the 5K earned.
Shouldn't the FS: BH Fund be in a trust?
At this point, there is not enough money to warrant opening a trust. If we reach 20K, we¹ll revisit the trust with our attorney. At that point, we will also need to investigate investment of any monies to maximize earnings as trustees of the Fund.
Obviously, a trust makes the money management more complicated, but it is our fiduciary responsibility to the contributors to earn as much money as we can to supplement the Fund.
What happens to any extra funds when Farscape is renewed?
Any monies remaining after Farscape is renewed or moves to another network will be contributed to charity. We are looking into which charities are most popular with cast and crew. Save the Children has been mentioned as one particularly beloved by Fran Buller.
For more info on Save the Children, visit here. (http://www.savethechildren.org/)
What is PayPal and is it safe?
PayPal builds on the existing financial infrastructure of bank accounts and credit cards to create a global, real-time payment solution. It is used by many millions of individuals and businesses to allow them to accept credit card transactions without being set up as credit card merchants. It acts like a holding company for your transaction information. Monies are deposited in FDIC secured financial institutions until withdrawn by the account holders. PayPal keeps your transaction information for transaction administrative purposes, just like your bank and any merchant that accepts credit cards. We as the Fund holders do not have access to your credit card information.
PayPal is more secure than using your credit card over a cordless or mobile phone, since anyone with a police scanner can potentially hear your credit card information while you talk. Here are some links to more detailed information about PayPal and security:
http://www.paypal.com/cgi-bin/webscr?cmd=p/gen/fdic-outside
http://www.paypal.com/cgi-bin/webscr?cmd=p/gen/security-main-outside
https://www.paypal.com/html/press/083002InfoWorldMax.html
How do I use PayPal?
To use PayPal the first time, you must first register as an individual account holder. After that, you can use it for transactions between yourself and other individuals or businesses that don¹t accept credit cards. The caveat is that there is a transaction fee _ that's how PayPal makes its money. But it's a nominal fee and the seller (that would be the fund in this case) pays the fee. Again, all the information about PayPal is right there on the site. www.paypal.com
Other questions that you don't see answered here? E-mail Jul at jul@watchfarscape.com.
just a quick aside thanking Deneba for all of her hard work with the fund.
here's the link for the summary spreadsheet for the Beyond Hope Fund, which describes all the expeditures prior to it's rollover into the Where's My Riot Fund:
http://www.wdsection.com/julsplace/archives/bhf%20summary.xls
(the password for the file is farscape and click on read-only)
*****************************************
*as this article (http://www.watchfarscape.com/news/article.php?newsid=260) explains, the website is so heavily trafficked now, that we are moving to a dedicated server. if you'd like to contribute to the fund that supports the website, follow the link and you can donate through paypal.
*****************************************
*uisceboo has created sanetv (http://www.sanetv.com/), a website through cafepress which is selling campaign-related tshirts. profits go to the fund started to support this website.
******************************************
*and from those groovy guys at the comic "In Other News" we have....
Good afternoon folks,
Ryan here from In Other News.
The store is now open, where you can buy glossy prints of the Farscape strip we did. In addition, Lar and I also put together another strip, which is just for Scapers. That is also available for purchase, and download.
Over the next few days, we also plan on putting togethe another "farscape only" strip, which will either be about John & Wynona, or Ms. Hammer covered in Bras.
The address:
http://www.inothernews.net/store.asp
5$ from every 10$ sale will go to the Beyond Hope Fund. We're looking to raise as much as we can.
Note: The price on the website is 15$ canadian funds, which is about 10$ american.
If there is a demand for it, we will make shipping available overseas. Let me know about that.
We hope this goes well, and that you enjoy your prints.
Any questions/comments/concerns, please send me off a note at sohmer@inothernews.net
Ryan
************************************
*there's also fundraising still going on for the commercial that will be airing today during episode 422. here's LilOrion's update...
More specifically the MONEY end of the commercials.
TOTAL DONATIONS RAISED FOR THE COMMERCIALS: $3,965.60
TOTAL COST OF COMMERCIALS: $3,445.00
TOTAL COST OF TAPE DUPES: $420.00
TOTAL COST OF SHIPPING TAPES: $172.00
TOTAL EXPENDITURES:
$3,965.60 - $4,037.00 = (-)$71
Okay so we are (-)$71.00 in the hole so far...and this does not include the phone minutes and packet copies to be made.
As of now, I purchased 12,000 prepay minutes for Friday.
(Its 4.9 cents/minute when you prepay as opposed to 7.5 cents/minute).
For each 1000 minutes it is approx. $50
12,000 x $50 = $600....and we MIGHT go over that, but I wont know until Monday what our minute usage is.
If you count the price for the minutes we are a total of $671.00 in the hole.
Anyway, just wanted to give everyone a heads up as to where we stand with the funds.
Here is the donation link again:
https://www.paypal.com/xclick/business=LiLOrion%40aol.com&no_note=1&tax=0¤cy_code=USD
Please note that anything left over after the minutes and package printing will be donated to the FWA.
Also, here is the link to the thread with info on when/where the commercials will air, the phone message and info packets:
http://www.watchfarscape.com/forums/showthread.php?s=&threadid=8095
What is the purpose of the Farscape: Beyond Hope (FS:BH) Fund?
The monies donated to the Fund will be used to work for the renewal of Farscape through marketing, advertising and other yet-to-be-determined activities such as mail campaigns or rallies.
We're working with other Scapers to formulate effective strategies to best promote our joint cause, and will carefully investigate the most high-profile and cost-efficient methods to make the best use of the monies you are entrusting to us.
Is the Farscape: Beyond Hope Fund different from the Beyond Hope Project?
Yes. The FS: BH Fund is an ongoing fund-raising effort to accrue funds to support efforts to renew Farscape or find it a new network home. The Beyond Hope Project was to fund a one-time ad to show support for cast and crew.
What is the process to disburse money?
There is an approval board of three people who will sign off on all expenditures before a check may be written to cover any expenses.
One of the approvers is Red. The other two are DallasScaper and Dani Moure.
editors note: there's been a change here. as soon as i can verify the additional approvers, i'll edit this bit.
Is the FS: BH Fund a non-profit entity?
No. It would take 4-6 months for the non-profit status paperwork to cycle through the government approval process. It would take a lot of administration and reporting to maintain.
Are my contributions tax-deductible?
No. The Fund is not a non-profit entity, therefore any contributions are considered gifts and do not have tax-deductible status.
What about taxes on the Fund?
The Fund will be taxed on any profit received. In this case the profit is in the form of interest on a money market account. Any interest will be taxed as profit. If we were to collect 100K and we could earn 5% interest the profit is only 5K. The Fund would have to pay taxes on the 5K earned.
Shouldn't the FS: BH Fund be in a trust?
At this point, there is not enough money to warrant opening a trust. If we reach 20K, we¹ll revisit the trust with our attorney. At that point, we will also need to investigate investment of any monies to maximize earnings as trustees of the Fund.
Obviously, a trust makes the money management more complicated, but it is our fiduciary responsibility to the contributors to earn as much money as we can to supplement the Fund.
What happens to any extra funds when Farscape is renewed?
Any monies remaining after Farscape is renewed or moves to another network will be contributed to charity. We are looking into which charities are most popular with cast and crew. Save the Children has been mentioned as one particularly beloved by Fran Buller.
For more info on Save the Children, visit here. (http://www.savethechildren.org/)
What is PayPal and is it safe?
PayPal builds on the existing financial infrastructure of bank accounts and credit cards to create a global, real-time payment solution. It is used by many millions of individuals and businesses to allow them to accept credit card transactions without being set up as credit card merchants. It acts like a holding company for your transaction information. Monies are deposited in FDIC secured financial institutions until withdrawn by the account holders. PayPal keeps your transaction information for transaction administrative purposes, just like your bank and any merchant that accepts credit cards. We as the Fund holders do not have access to your credit card information.
PayPal is more secure than using your credit card over a cordless or mobile phone, since anyone with a police scanner can potentially hear your credit card information while you talk. Here are some links to more detailed information about PayPal and security:
http://www.paypal.com/cgi-bin/webscr?cmd=p/gen/fdic-outside
http://www.paypal.com/cgi-bin/webscr?cmd=p/gen/security-main-outside
https://www.paypal.com/html/press/083002InfoWorldMax.html
How do I use PayPal?
To use PayPal the first time, you must first register as an individual account holder. After that, you can use it for transactions between yourself and other individuals or businesses that don¹t accept credit cards. The caveat is that there is a transaction fee _ that's how PayPal makes its money. But it's a nominal fee and the seller (that would be the fund in this case) pays the fee. Again, all the information about PayPal is right there on the site. www.paypal.com
Other questions that you don't see answered here? E-mail Jul at jul@watchfarscape.com.
just a quick aside thanking Deneba for all of her hard work with the fund.
here's the link for the summary spreadsheet for the Beyond Hope Fund, which describes all the expeditures prior to it's rollover into the Where's My Riot Fund:
http://www.wdsection.com/julsplace/archives/bhf%20summary.xls
(the password for the file is farscape and click on read-only)
*****************************************
*as this article (http://www.watchfarscape.com/news/article.php?newsid=260) explains, the website is so heavily trafficked now, that we are moving to a dedicated server. if you'd like to contribute to the fund that supports the website, follow the link and you can donate through paypal.
*****************************************
*uisceboo has created sanetv (http://www.sanetv.com/), a website through cafepress which is selling campaign-related tshirts. profits go to the fund started to support this website.
******************************************
*and from those groovy guys at the comic "In Other News" we have....
Good afternoon folks,
Ryan here from In Other News.
The store is now open, where you can buy glossy prints of the Farscape strip we did. In addition, Lar and I also put together another strip, which is just for Scapers. That is also available for purchase, and download.
Over the next few days, we also plan on putting togethe another "farscape only" strip, which will either be about John & Wynona, or Ms. Hammer covered in Bras.
The address:
http://www.inothernews.net/store.asp
5$ from every 10$ sale will go to the Beyond Hope Fund. We're looking to raise as much as we can.
Note: The price on the website is 15$ canadian funds, which is about 10$ american.
If there is a demand for it, we will make shipping available overseas. Let me know about that.
We hope this goes well, and that you enjoy your prints.
Any questions/comments/concerns, please send me off a note at sohmer@inothernews.net
Ryan
************************************
*there's also fundraising still going on for the commercial that will be airing today during episode 422. here's LilOrion's update...
More specifically the MONEY end of the commercials.
TOTAL DONATIONS RAISED FOR THE COMMERCIALS: $3,965.60
TOTAL COST OF COMMERCIALS: $3,445.00
TOTAL COST OF TAPE DUPES: $420.00
TOTAL COST OF SHIPPING TAPES: $172.00
TOTAL EXPENDITURES:
$3,965.60 - $4,037.00 = (-)$71
Okay so we are (-)$71.00 in the hole so far...and this does not include the phone minutes and packet copies to be made.
As of now, I purchased 12,000 prepay minutes for Friday.
(Its 4.9 cents/minute when you prepay as opposed to 7.5 cents/minute).
For each 1000 minutes it is approx. $50
12,000 x $50 = $600....and we MIGHT go over that, but I wont know until Monday what our minute usage is.
If you count the price for the minutes we are a total of $671.00 in the hole.
Anyway, just wanted to give everyone a heads up as to where we stand with the funds.
Here is the donation link again:
https://www.paypal.com/xclick/business=LiLOrion%40aol.com&no_note=1&tax=0¤cy_code=USD
Please note that anything left over after the minutes and package printing will be donated to the FWA.
Also, here is the link to the thread with info on when/where the commercials will air, the phone message and info packets:
http://www.watchfarscape.com/forums/showthread.php?s=&threadid=8095