@@ -23,16 +23,16 @@
personal accounts or having to set up their own project specific
account.</p>
<p>Since the Conservancy is a tax-exempt organization, there are some
limits that the law places on what member projects can do with their
assets, but those limits are the same as if the project was an
independent non-profit entity. Usually, the project leadership can
then indicate to Conservancy's leadership how the funds should be spent
to advance the project and Conservancy permits these funds to be spent
in any way that is appropriate activity under Conservancy's 501(c)(3)
independent non-profit entity. Usually, the project leadership
instructs Conservancy's leadership how spend the funds for the project
and Conservancy sends these funds on the project's behalf in any way
that is appropriate activity under Conservancy's 501(c)(3)
not-for-profit mission. Some typical uses of earmarked donations by
Conservancy's member projects are:
<ul>
<li>funding travel expenses for project developers to attend relevant
conferences.</li>