@@ -24,15 +24,15 @@
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
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)
instructs Conservancy's leadership on how the project's funds are spent.
Conservancy spends these funds on the project's behalf on any expenses
that constitute 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>