Haikuware Donates $10,000 to Haiku!!!

News posted on Thu, 2011-07-07 20:30

This financial contribution will be used to guarantee that funds for the first six months of Michael's contract are 100% secured. Additionally, it will provide a significant head start on being able to renew the contract for 6 more months.

Here's a breakdown of Haiku, Inc.'s finances. (The numbers are rounded for presentation)

  • $25,000 in available funds.
  • plus $4,000 from Google Summer of Code 2011
  • minus $3,000 for Ingo's contract
  • minus $16,500 for Michael's first 6 months
  • = $9,500 available cash, after the above transactions

In order to finance a second 6-month contract, $8,000 is the absolute rock-bottom, bare-bones, minimum that needs to be raised. However, raising another $10,000 will provide a small cushion to account for unexpected costs.

If need be, a specific fundraiser could be held halfway through Michael's first contract.

The gears are now in motion. Can you provide the traction to keep this moving forward?