Hello everyone, I've used http://jsfoo.in/SponsorKit.pdf as a template and come up with a quick budget calculation and a rudimentary sponsorship kit. It's attached to this email. Please consider it a first draft and edit as necessary to finalise it. Budget and sponsorship calculations =================================== Author: Noufal Ibrahim Date: 2012-04-20 01:29:49 IST Table of Contents ================= 1 Ticket pricing and budget 1.1 Ticket pricing 2 Sponsorship packages 3 Local (Indian) sponsors 3.1 Categories 3.1.1 Platinum 3.1.2 Gold 3.1.3 Silver 3.2 Privilege list 4 Foreign sponsors 1 Ticket pricing and budget ---------------------------- These considerations are based on the following calculations Cost per delegate Food cost per delegate (3 days) 450 T shirt cost 175 Swag bag 50 ---------------------------------+----- Total 675 Expected number of delegates : 700 Expenses Delegate cost 472500 A/V cost 50000 Aid budget 50000 Miscellaneous 100000 ---------------+-------- Total 672500 Average ticket cost : 672500 / 700 = 960 1.1 Ticket pricing =================== Student tickets : 500 Regular tickets : 1500 This will cover the whole cost of the event even if we don't get any sponsors. The only thing left out is the keynote speaker. This cost doesn't cover the cost of a foreign delegate if we have them over. That will cost another estimated 150,000. 2 Sponsorship packages ----------------------- Sponsorships are modular. Which means that there a number of things sponsors can buy. Each costs a certain amount. The sponsor falls into a category depending on what all they've picked and gets some extra privileges. 3 Local (Indian) sponsors -------------------------- Local sponsors are regular sponsors from India. Total amount from sponsorships : 550000 3.1 Categories =============== 3.1.1 Platinum ~~~~~~~~~~~~~~~ Amount : 150,000 Slots : 1 * Privileges - Logo on website with link back to your site. - Dedicated page and writeup on website. - Large logo on all official banners and flyers. - Your flyer and any other swag in the swag bag. - Link to your website in all emails sent out to delegates before and after event. - 10 complimentary sponsor passes. - Extra privileges as picked from the list 3.1.2 Gold ~~~~~~~~~~~ Amount : 100,000 Slots : 2 * Privileges - Logo on website with link back to your site. - Medium logo on all official banners and flyers - 5 complimentary sponsor passes - Extra privileges as picked from list 3.1.3 Silver ~~~~~~~~~~~~~ Amount : 50,000 Slots : 4 * Privileges - Logo on website with link back to your site - Small logo on all official banners and flyers - 2 complimentary sponsor passes - Extra privileges as picked from list. 3.2 Privilege list =================== Sponsors can pick any of the privileges from this list. Depending on the total amount, they'll fall into a category and get the category privileges. Privilege Number available Amount Total -----------------------------------------------------+------------------------------+--------+-------- Your own banner at the event (size to be specified) 5 12000 60000 Branding main hall 1 40000 40000 Branding smaller halls 2 (assuming 3 halls totally) 20000 40000 Logo on lanyards 1 40000 40000 Logo on notepads 1 40000 40000 Reserved slot to deliver a talk (morning session) 2 30000 60000 Your stall (size to be specified) at the venue 2 60000 120000 Sponsor travel/accomodation for keynote speaker* 1 150000 150000 -----------------------------------------------------+------------------------------+--------+-------- Total 550000 * This will be announced while introducing the keynote speaker. 4 Foreign sponsors ------------------- - This will require that they directly handle a certain aspect of the the conference without involving the IPSS. - Two things are possible. - Food : Directly pay caterers - 315000 (450 per day * 700 expected delegates) - Foreign delegate : Directly pay hotel and air fare. (150000 per person) Thanks. -- ~noufal http://nibrahim.net.in Goes (Went) over like a lead balloon.
Hi Noufal, Just asking,
4 Foreign sponsors ------------------- - This will require that they directly handle a certain aspect of the the conference without involving the IPSS. - Two things are possible. - Food : Directly pay caterers - 315000 (450 per day * 700 expected delegates) - Foreign delegate : Directly pay hotel and air fare. (150000 per person)
Food - Rs 450 / day? Isn't that the total food cost for per delegate? Thanks
Jaidev Deshpande <deshpande.jaidev@gmail.com> writes:
Hi Noufal,
Just asking,
4 Foreign sponsors ------------------- - This will require that they directly handle a certain aspect of the the conference without involving the IPSS. - Two things are possible. - Food : Directly pay caterers - 315000 (450 per day * 700 expected delegates) - Foreign delegate : Directly pay hotel and air fare. (150000 per person)
Food - Rs 450 / day? Isn't that the total food cost for per delegate?
[...] Sorry. My bad. I meant 150 per day per person. That's 450 per person for a 3 day event. -- ~noufal http://nibrahim.net.in Gentlemen, I want you to know that I am not always right, but I am never wrong. -Samuel Goldwyn
I suggest following chanages to above slabs: Platinum Sponsor (1 no.) :2,00,000/- Gold Sponsor (3 no.): 1,20,000/- Silver Sponsor(8 no.): 70,000/- We had silver sponsor slot fill fast last year, so its better to provision more. Also, I feel keeping rates same as last year is not correct. - sree On 20 April 2012 02:08, Noufal Ibrahim <noufal@gmail.com> wrote:
Jaidev Deshpande <deshpande.jaidev@gmail.com> writes:
Hi Noufal,
Just asking,
4 Foreign sponsors ------------------- - This will require that they directly handle a certain aspect of the the conference without involving the IPSS. - Two things are possible. - Food : Directly pay caterers - 315000 (450 per day * 700 expected delegates) - Foreign delegate : Directly pay hotel and air fare. (150000 per person)
Food - Rs 450 / day? Isn't that the total food cost for per delegate?
[...]
Sorry. My bad. I meant 150 per day per person. That's 450 per person for a 3 day event.
-- ~noufal http://nibrahim.net.in
Gentlemen, I want you to know that I am not always right, but I am never wrong. -Samuel Goldwyn _______________________________________________ Inpycon mailing list Inpycon@python.org http://mail.python.org/mailman/listinfo/inpycon
-- Sreekanth S Rameshaiah Executive Director Mahiti Infotech Pvt. Ltd. "OpenSpace", #583, Vyalikaval HBCS Layout, Nagawara, Veerannapalya, Bangalore, India - 560043 Phone: +91 80 3094 9393 Mobile: +91 98455 12611 www.mahiti.org
Here's one sponsorship proposal as a starter (Note: formatting will look appropriate only in case of monospace font) Platinum Gold Silver Community$ 400000 200000 100000 35000$ Full time Staffed Informational Booth ✔$ Branding on Collateral Folder (will contain other A4 collaterals) ✔$ Logo placement on Lanyard / ID badge ✔$ Side informational talks (tutorial days) ✔ ✔$ Logo on Posters ✔ ✔$ Roll Up Banners (one in each hall + 2 more at other locations) ✔ ✔$ Logo on Swag Bag ✔ ✔$ Description on Pycon India Site ✔ ✔ ✔$ GiveAways in the Kit (at cost to Sponsor) ✔ ✔ ✔$ Logo on Pycon India Site ✔ ✔ ✔ ✔$ One A4 Collateral in delegate kit (composed / printed by sponsor) ✔ ✔ ✔ ✔$ Conference Passes 8 4 2 1$ The proposal here is only a starter. To explain some of the objectives which probably merit discussion (since the exact proposals can be fine tuned consistent with these objectives), a) This factors the realisation that going forward, as pycon india has to grow, either the gate fees need to rise or the sponsorship amounts need to. The assumption being that gate fees cover only variable costs, thus leading to a substantial burden on the overall sponsorship requirement. b) The attempt has been to make the package more sponsor friendly without in any way diluting the technical quality. Thus side informational talks are proposed, but these are left to the sponsors and are not a part of the technical stream. c) The attempt also has been to make the delegate kit more substantial by allowing sponsors to contribute directly in terms of one A4 collateral and at least one give away that the sponsor can decide and contribute (this would be in addition to the sponsorship fees). This also helps establish a more direct connect between the attendee and sponsor, something sponsors are likely to appreciate. d) Roll up banners can help sponsors have more direct control over their branding and their message. e) Information booth allows a specific direct interaction. Thats something that is a feature of many conferences. These could also be offered independently, but I am not too sure about it. f) The only upper limit on sponsorship slabs I think makes sense is "1" for platinum (just for the exclusivity it provides. The rest should not be covered by an upper limit in terms of count of sponsors since we should be able to extend the facilities as suggested to many sponsors. The goal isn't to really make tons of money. But the goal is to move towards a scenario where Pycon India can eventually host itself from convention centers if need be. Which means the goal indeed is to be able to attract larger sponsorship support from the companies and community towards such a growth path. To comment specifically on Noufal's mail earlier in this thread, I am not sure how convenient it would be to sell modular packages to sponsors. I have a feeling it would be easier to offer and sell slabs in this context but we can have a discussion on the matter. My fear is that modular offerings (offering specific features for specific sponsorship amounts and allowing people to pick and choose) might tend to confuse. In the proposal above I have been struggling to provide the "extra" oomph for the platinum slab but haven't been able to come out with something attractive yet. If we can find something else, we could open up the information booths to the gold slab sponsors, since a few more booths (as opposed to just 1) might be a little better. Open for comments. I have many more thoughts and suggestions, but thought its better to kick off the discussion with the sponsorship matter. I expect to raise a few more points in mails that follow. Dhananjay On Fri, Apr 20, 2012 at 8:47 AM, Sreekanth S Rameshaiah <sree@mahiti.org> wrote:
I suggest following chanages to above slabs:
Platinum Sponsor (1 no.) :2,00,000/- Gold Sponsor (3 no.): 1,20,000/- Silver Sponsor(8 no.): 70,000/-
We had silver sponsor slot fill fast last year, so its better to provision more. Also, I feel keeping rates same as last year is not correct. - sree
On 20 April 2012 02:08, Noufal Ibrahim <noufal@gmail.com> wrote:
Jaidev Deshpande <deshpande.jaidev@gmail.com> writes:
Hi Noufal,
Just asking,
4 Foreign sponsors ------------------- - This will require that they directly handle a certain aspect of the the conference without involving the IPSS. - Two things are possible. - Food : Directly pay caterers - 315000 (450 per day * 700 expected delegates) - Foreign delegate : Directly pay hotel and air fare. (150000 per person)
Food - Rs 450 / day? Isn't that the total food cost for per delegate?
[...]
Sorry. My bad. I meant 150 per day per person. That's 450 per person for a 3 day event.
-- ~noufal http://nibrahim.net.in
Gentlemen, I want you to know that I am not always right, but I am never wrong. -Samuel Goldwyn _______________________________________________ Inpycon mailing list Inpycon@python.org http://mail.python.org/mailman/listinfo/inpycon
-- Sreekanth S Rameshaiah Executive Director Mahiti Infotech Pvt. Ltd. "OpenSpace", #583, Vyalikaval HBCS Layout, Nagawara, Veerannapalya, Bangalore, India - 560043 Phone: +91 80 3094 9393 Mobile: +91 98455 12611 www.mahiti.org
_______________________________________________ Inpycon mailing list Inpycon@python.org http://mail.python.org/mailman/listinfo/inpycon
-- ---------------------------------------------------------------------------------------------------------------------------------- http://blog.dhananjaynene.com twitter: @dnene google plus: http://gplus.to/dhananjaynene
Sorry .. the 80 char word wrap destroyed all formatting. Hoping the text below works. (fingers crossed) P G S C 4 2 1 0.35 Lakhs Full time Staffed Informational Booth x Branding on Collateral Folder (will contain other A4 collaterals) x Logo placement on Lanyard / ID badge x Side informational talks (tutorial days) x x Logo on Posters x x Roll Up Banners (1 in each hall + 2 more at other locations) x x Logo on Swag Bag x x Description on Pycon India Site x x x GiveAways in the Kit (at cost to Sponsor) x x x Logo on Pycon India Site x x x x One A4 Collateral in delegate kit (composed / printed by sponsor) x x x x Conference Passes 8 4 2 1 On Tue, May 1, 2012 at 6:52 PM, Dhananjay Nene <dhananjay.nene@gmail.com> wrote:
Here's one sponsorship proposal as a starter (Note: formatting will look appropriate only in case of monospace font)
Platinum Gold Silver Community$
400000 200000 100000 35000$ Full time Staffed Informational Booth ✔$ Branding on Collateral Folder (will contain other A4 collaterals) ✔$ Logo placement on Lanyard / ID badge ✔$ Side informational talks (tutorial days) ✔ ✔$ Logo on Posters ✔ ✔$ Roll Up Banners (one in each hall + 2 more at other locations) ✔ ✔$ Logo on Swag Bag ✔ ✔$ Description on Pycon India Site ✔ ✔ ✔$ GiveAways in the Kit (at cost to Sponsor) ✔ ✔ ✔$ Logo on Pycon India Site ✔ ✔ ✔ ✔$ One A4 Collateral in delegate kit (composed / printed by sponsor) ✔ ✔ ✔ ✔$ Conference Passes 8 4 2 1$
The proposal here is only a starter. To explain some of the objectives which probably merit discussion (since the exact proposals can be fine tuned consistent with these objectives),
a) This factors the realisation that going forward, as pycon india has to grow, either the gate fees need to rise or the sponsorship amounts need to. The assumption being that gate fees cover only variable costs, thus leading to a substantial burden on the overall sponsorship requirement. b) The attempt has been to make the package more sponsor friendly without in any way diluting the technical quality. Thus side informational talks are proposed, but these are left to the sponsors and are not a part of the technical stream. c) The attempt also has been to make the delegate kit more substantial by allowing sponsors to contribute directly in terms of one A4 collateral and at least one give away that the sponsor can decide and contribute (this would be in addition to the sponsorship fees). This also helps establish a more direct connect between the attendee and sponsor, something sponsors are likely to appreciate. d) Roll up banners can help sponsors have more direct control over their branding and their message. e) Information booth allows a specific direct interaction. Thats something that is a feature of many conferences. These could also be offered independently, but I am not too sure about it. f) The only upper limit on sponsorship slabs I think makes sense is "1" for platinum (just for the exclusivity it provides. The rest should not be covered by an upper limit in terms of count of sponsors since we should be able to extend the facilities as suggested to many sponsors.
The goal isn't to really make tons of money. But the goal is to move towards a scenario where Pycon India can eventually host itself from convention centers if need be. Which means the goal indeed is to be able to attract larger sponsorship support from the companies and community towards such a growth path.
To comment specifically on Noufal's mail earlier in this thread, I am not sure how convenient it would be to sell modular packages to sponsors. I have a feeling it would be easier to offer and sell slabs in this context but we can have a discussion on the matter. My fear is that modular offerings (offering specific features for specific sponsorship amounts and allowing people to pick and choose) might tend to confuse.
In the proposal above I have been struggling to provide the "extra" oomph for the platinum slab but haven't been able to come out with something attractive yet. If we can find something else, we could open up the information booths to the gold slab sponsors, since a few more booths (as opposed to just 1) might be a little better.
Open for comments.
I have many more thoughts and suggestions, but thought its better to kick off the discussion with the sponsorship matter. I expect to raise a few more points in mails that follow.
Dhananjay
On Fri, Apr 20, 2012 at 8:47 AM, Sreekanth S Rameshaiah <sree@mahiti.org> wrote:
I suggest following chanages to above slabs:
Platinum Sponsor (1 no.) :2,00,000/- Gold Sponsor (3 no.): 1,20,000/- Silver Sponsor(8 no.): 70,000/-
We had silver sponsor slot fill fast last year, so its better to provision more. Also, I feel keeping rates same as last year is not correct. - sree
On 20 April 2012 02:08, Noufal Ibrahim <noufal@gmail.com> wrote:
Jaidev Deshpande <deshpande.jaidev@gmail.com> writes:
Hi Noufal,
Just asking,
4 Foreign sponsors ------------------- - This will require that they directly handle a certain aspect of the the conference without involving the IPSS. - Two things are possible. - Food : Directly pay caterers - 315000 (450 per day * 700 expected delegates) - Foreign delegate : Directly pay hotel and air fare. (150000 per person)
Food - Rs 450 / day? Isn't that the total food cost for per delegate?
[...]
Sorry. My bad. I meant 150 per day per person. That's 450 per person for a 3 day event.
-- ~noufal http://nibrahim.net.in
Gentlemen, I want you to know that I am not always right, but I am never wrong. -Samuel Goldwyn _______________________________________________ Inpycon mailing list Inpycon@python.org http://mail.python.org/mailman/listinfo/inpycon
-- Sreekanth S Rameshaiah Executive Director Mahiti Infotech Pvt. Ltd. "OpenSpace", #583, Vyalikaval HBCS Layout, Nagawara, Veerannapalya, Bangalore, India - 560043 Phone: +91 80 3094 9393 Mobile: +91 98455 12611 www.mahiti.org
_______________________________________________ Inpycon mailing list Inpycon@python.org http://mail.python.org/mailman/listinfo/inpycon
-- ---------------------------------------------------------------------------------------------------------------------------------- http://blog.dhananjaynene.com twitter: @dnene google plus: http://gplus.to/dhananjaynene
-- ---------------------------------------------------------------------------------------------------------------------------------- http://blog.dhananjaynene.com twitter: @dnene google plus: http://gplus.to/dhananjaynene
Hi, I suggest, P-3, G-1.5, S-0.9 Suggest holding C for a later date(price is good). - sree On 1 May 2012 18:58, Dhananjay Nene <dhananjay.nene@gmail.com> wrote:
Sorry .. the 80 char word wrap destroyed all formatting. Hoping the text below works. (fingers crossed)
P G S C 4 2 1 0.35 Lakhs Full time Staffed Informational Booth x Branding on Collateral Folder (will contain other A4 collaterals) x Logo placement on Lanyard / ID badge x Side informational talks (tutorial days) x x Logo on Posters x x Roll Up Banners (1 in each hall + 2 more at other locations) x x Logo on Swag Bag x x Description on Pycon India Site x x x GiveAways in the Kit (at cost to Sponsor) x x x Logo on Pycon India Site x x x x One A4 Collateral in delegate kit (composed / printed by sponsor) x x x x Conference Passes 8 4 2 1
Here's one sponsorship proposal as a starter (Note: formatting will look appropriate only in case of monospace font)
Platinum Gold Silver Community$
400000 200000 100000 35000$ Full time Staffed Informational Booth ✔$ Branding on Collateral Folder (will contain other A4 collaterals) ✔$ Logo placement on Lanyard / ID badge ✔$ Side informational talks (tutorial days) ✔ ✔$ Logo on Posters ✔ ✔$ Roll Up Banners (one in each hall + 2 more at other locations) ✔ ✔$ Logo on Swag Bag ✔ ✔$ Description on Pycon India Site ✔ ✔ ✔$ GiveAways in the Kit (at cost to Sponsor) ✔ ✔ ✔$ Logo on Pycon India Site ✔ ✔ ✔ ✔$ One A4 Collateral in delegate kit (composed / printed by sponsor) ✔ ✔ ✔ ✔$ Conference Passes 8 4 2 1$
The proposal here is only a starter. To explain some of the objectives which probably merit discussion (since the exact proposals can be fine tuned consistent with these objectives),
a) This factors the realisation that going forward, as pycon india has to grow, either the gate fees need to rise or the sponsorship amounts need to. The assumption being that gate fees cover only variable costs, thus leading to a substantial burden on the overall sponsorship requirement. b) The attempt has been to make the package more sponsor friendly without in any way diluting the technical quality. Thus side informational talks are proposed, but these are left to the sponsors and are not a part of the technical stream. c) The attempt also has been to make the delegate kit more substantial by allowing sponsors to contribute directly in terms of one A4 collateral and at least one give away that the sponsor can decide and contribute (this would be in addition to the sponsorship fees). This also helps establish a more direct connect between the attendee and sponsor, something sponsors are likely to appreciate. d) Roll up banners can help sponsors have more direct control over their branding and their message. e) Information booth allows a specific direct interaction. Thats something that is a feature of many conferences. These could also be offered independently, but I am not too sure about it. f) The only upper limit on sponsorship slabs I think makes sense is "1" for platinum (just for the exclusivity it provides. The rest should not be covered by an upper limit in terms of count of sponsors since we should be able to extend the facilities as suggested to many sponsors.
The goal isn't to really make tons of money. But the goal is to move towards a scenario where Pycon India can eventually host itself from convention centers if need be. Which means the goal indeed is to be able to attract larger sponsorship support from the companies and community towards such a growth path.
To comment specifically on Noufal's mail earlier in this thread, I am not sure how convenient it would be to sell modular packages to sponsors. I have a feeling it would be easier to offer and sell slabs in this context but we can have a discussion on the matter. My fear is that modular offerings (offering specific features for specific sponsorship amounts and allowing people to pick and choose) might tend to confuse.
In the proposal above I have been struggling to provide the "extra" oomph for the platinum slab but haven't been able to come out with something attractive yet. If we can find something else, we could open up the information booths to the gold slab sponsors, since a few more booths (as opposed to just 1) might be a little better.
Open for comments.
I have many more thoughts and suggestions, but thought its better to kick off the discussion with the sponsorship matter. I expect to raise a few more points in mails that follow.
Dhananjay
On Fri, Apr 20, 2012 at 8:47 AM, Sreekanth S Rameshaiah <sree@mahiti.org> wrote:
I suggest following chanages to above slabs:
Platinum Sponsor (1 no.) :2,00,000/- Gold Sponsor (3 no.): 1,20,000/- Silver Sponsor(8 no.): 70,000/-
We had silver sponsor slot fill fast last year, so its better to
Also, I feel keeping rates same as last year is not correct. - sree
On 20 April 2012 02:08, Noufal Ibrahim <noufal@gmail.com> wrote:
Jaidev Deshpande <deshpande.jaidev@gmail.com> writes:
Hi Noufal,
Just asking,
4 Foreign sponsors ------------------- - This will require that they directly handle a certain aspect of the the conference without involving the IPSS. - Two things are possible. - Food : Directly pay caterers - 315000 (450 per day * 700
expected delegates)
- Foreign delegate : Directly pay hotel and air fare. (150000
On Tue, May 1, 2012 at 6:52 PM, Dhananjay Nene <dhananjay.nene@gmail.com> wrote: provision more. per person)
Food - Rs 450 / day? Isn't that the total food cost for per delegate?
[...]
Sorry. My bad. I meant 150 per day per person. That's 450 per person for a 3 day event.
-- ~noufal http://nibrahim.net.in
Gentlemen, I want you to know that I am not always right, but I am never wrong. -Samuel Goldwyn _______________________________________________ Inpycon mailing list Inpycon@python.org http://mail.python.org/mailman/listinfo/inpycon
-- Sreekanth S Rameshaiah Executive Director Mahiti Infotech Pvt. Ltd. "OpenSpace", #583, Vyalikaval HBCS Layout, Nagawara, Veerannapalya, Bangalore, India - 560043 Phone: +91 80 3094 9393 Mobile: +91 98455 12611 www.mahiti.org
_______________________________________________ Inpycon mailing list Inpycon@python.org http://mail.python.org/mailman/listinfo/inpycon
--
----------------------------------------------------------------------------------------------------------------------------------
http://blog.dhananjaynene.com twitter: @dnene google plus: http://gplus.to/dhananjaynene
--
---------------------------------------------------------------------------------------------------------------------------------- http://blog.dhananjaynene.com twitter: @dnene google plus: http://gplus.to/dhananjaynene
-- Sreekanth S Rameshaiah Executive Director Mahiti Infotech Pvt. Ltd. "OpenSpace", #583, Vyalikaval HBCS Layout, Nagawara, Veerannapalya, Bangalore, India - 560043 Phone: +91 80 3094 9393 Mobile: +91 98455 12611 www.mahiti.org
Sree, Sounds good. I will start creating a sponsorship document using the same. Dhananjay On Fri, May 4, 2012 at 12:42 PM, Sreekanth S Rameshaiah <sree@mahiti.org>wrote:
Hi, I suggest, P-3, G-1.5, S-0.9 Suggest holding C for a later date(price is good). - sree
On 1 May 2012 18:58, Dhananjay Nene <dhananjay.nene@gmail.com> wrote:
Sorry .. the 80 char word wrap destroyed all formatting. Hoping the text below works. (fingers crossed)
P G S C 4 2 1 0.35 Lakhs Full time Staffed Informational Booth x Branding on Collateral Folder (will contain other A4 collaterals) x Logo placement on Lanyard / ID badge x Side informational talks (tutorial days) x x Logo on Posters x x Roll Up Banners (1 in each hall + 2 more at other locations) x x Logo on Swag Bag x x Description on Pycon India Site x x x GiveAways in the Kit (at cost to Sponsor) x x x Logo on Pycon India Site x x x x One A4 Collateral in delegate kit (composed / printed by sponsor) x x x x Conference Passes 8 4 2 1
Here's one sponsorship proposal as a starter (Note: formatting will look appropriate only in case of monospace font)
Platinum Gold Silver Community$
400000 200000 100000 35000$ Full time Staffed Informational Booth ✔$ Branding on Collateral Folder (will contain other A4 collaterals) ✔$ Logo placement on Lanyard / ID badge ✔$ Side informational talks (tutorial days) ✔ ✔$ Logo on Posters ✔ ✔$ Roll Up Banners (one in each hall + 2 more at other locations) ✔ ✔$ Logo on Swag Bag ✔ ✔$ Description on Pycon India Site ✔ ✔ ✔$ GiveAways in the Kit (at cost to Sponsor) ✔ ✔ ✔$ Logo on Pycon India Site ✔ ✔ ✔ ✔$ One A4 Collateral in delegate kit (composed / printed by sponsor) ✔ ✔ ✔ ✔$ Conference Passes 8 4 2 1$
The proposal here is only a starter. To explain some of the objectives which probably merit discussion (since the exact proposals can be fine tuned consistent with these objectives),
a) This factors the realisation that going forward, as pycon india has to grow, either the gate fees need to rise or the sponsorship amounts need to. The assumption being that gate fees cover only variable costs, thus leading to a substantial burden on the overall sponsorship requirement. b) The attempt has been to make the package more sponsor friendly without in any way diluting the technical quality. Thus side informational talks are proposed, but these are left to the sponsors and are not a part of the technical stream. c) The attempt also has been to make the delegate kit more substantial by allowing sponsors to contribute directly in terms of one A4 collateral and at least one give away that the sponsor can decide and contribute (this would be in addition to the sponsorship fees). This also helps establish a more direct connect between the attendee and sponsor, something sponsors are likely to appreciate. d) Roll up banners can help sponsors have more direct control over their branding and their message. e) Information booth allows a specific direct interaction. Thats something that is a feature of many conferences. These could also be offered independently, but I am not too sure about it. f) The only upper limit on sponsorship slabs I think makes sense is "1" for platinum (just for the exclusivity it provides. The rest should not be covered by an upper limit in terms of count of sponsors since we should be able to extend the facilities as suggested to many sponsors.
The goal isn't to really make tons of money. But the goal is to move towards a scenario where Pycon India can eventually host itself from convention centers if need be. Which means the goal indeed is to be able to attract larger sponsorship support from the companies and community towards such a growth path.
To comment specifically on Noufal's mail earlier in this thread, I am not sure how convenient it would be to sell modular packages to sponsors. I have a feeling it would be easier to offer and sell slabs in this context but we can have a discussion on the matter. My fear is that modular offerings (offering specific features for specific sponsorship amounts and allowing people to pick and choose) might tend to confuse.
In the proposal above I have been struggling to provide the "extra" oomph for the platinum slab but haven't been able to come out with something attractive yet. If we can find something else, we could open up the information booths to the gold slab sponsors, since a few more booths (as opposed to just 1) might be a little better.
Open for comments.
I have many more thoughts and suggestions, but thought its better to kick off the discussion with the sponsorship matter. I expect to raise a few more points in mails that follow.
Dhananjay
On Fri, Apr 20, 2012 at 8:47 AM, Sreekanth S Rameshaiah < sree@mahiti.org> wrote:
I suggest following chanages to above slabs:
Platinum Sponsor (1 no.) :2,00,000/- Gold Sponsor (3 no.): 1,20,000/- Silver Sponsor(8 no.): 70,000/-
We had silver sponsor slot fill fast last year, so its better to
Also, I feel keeping rates same as last year is not correct. - sree
On 20 April 2012 02:08, Noufal Ibrahim <noufal@gmail.com> wrote:
Jaidev Deshpande <deshpande.jaidev@gmail.com> writes:
Hi Noufal,
Just asking,
> 4 Foreign sponsors > ------------------- > - This will require that they directly handle a certain aspect of > the the conference without involving the IPSS. > - Two things are possible. > - Food : Directly pay caterers - 315000 (450 per day * 700
expected delegates)
> - Foreign delegate : Directly pay hotel and air fare. (150000
On Tue, May 1, 2012 at 6:52 PM, Dhananjay Nene <dhananjay.nene@gmail.com> wrote: provision more. per person)
Food - Rs 450 / day? Isn't that the total food cost for per
delegate?
[...]
Sorry. My bad. I meant 150 per day per person. That's 450 per person for a 3 day event.
-- ~noufal http://nibrahim.net.in
Gentlemen, I want you to know that I am not always right, but I am never wrong. -Samuel Goldwyn _______________________________________________ Inpycon mailing list Inpycon@python.org http://mail.python.org/mailman/listinfo/inpycon
-- Sreekanth S Rameshaiah Executive Director Mahiti Infotech Pvt. Ltd. "OpenSpace", #583, Vyalikaval HBCS Layout, Nagawara, Veerannapalya, Bangalore, India - 560043 Phone: +91 80 3094 9393 Mobile: +91 98455 12611 www.mahiti.org
_______________________________________________ Inpycon mailing list Inpycon@python.org http://mail.python.org/mailman/listinfo/inpycon
--
----------------------------------------------------------------------------------------------------------------------------------
http://blog.dhananjaynene.com twitter: @dnene google plus: http://gplus.to/dhananjaynene
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---------------------------------------------------------------------------------------------------------------------------------- http://blog.dhananjaynene.com twitter: @dnene google plus: http://gplus.to/dhananjaynene
-- Sreekanth S Rameshaiah Executive Director Mahiti Infotech Pvt. Ltd. "OpenSpace", #583, Vyalikaval HBCS Layout, Nagawara, Veerannapalya, Bangalore, India - 560043 Phone: +91 80 3094 9393 Mobile: +91 98455 12611 www.mahiti.org
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On Mon, May 14, 2012 at 1:39 PM, Dhananjay Nene <dhananjay.nene@gmail.com> wrote:
Sree,
Sounds good. I will start creating a sponsorship document using the same.
Dhananjay
We may want to consider a special Tier for sponsoring Travel expenses for the keynote speaker. This is suitable for a foreign sponsors. Last time, we asked Github for Gold sponsorship and that wasn't sufficient for the keynote speaker's trip. Anand
On 14 May 2012 13:55, Anand Chitipothu <anandology@gmail.com> wrote:
On Mon, May 14, 2012 at 1:39 PM, Dhananjay Nene <dhananjay.nene@gmail.com> wrote:
Sree,
Sounds good. I will start creating a sponsorship document using the same.
Dhananjay
We may want to consider a special Tier for sponsoring Travel expenses for the keynote speaker. This is suitable for a foreign sponsors.
Last time, we asked Github for Gold sponsorship and that wasn't sufficient for the keynote speaker's trip.
+1 We need to workout details of what would they get in return? Any thoughts?
Anand _______________________________________________ Inpycon mailing list Inpycon@python.org http://mail.python.org/mailman/listinfo/inpycon
-- Sreekanth S Rameshaiah Executive Director Mahiti Infotech Pvt. Ltd. "OpenSpace", #583, Vyalikaval HBCS Layout, Nagawara, Veerannapalya, Bangalore, India - 560043 Phone: +91 80 3094 9393 Mobile: +91 98455 12611 www.mahiti.org
On Tue, May 15, 2012 at 8:48 AM, Sreekanth S Rameshaiah <sree@mahiti.org> wrote:
On 14 May 2012 13:55, Anand Chitipothu <anandology@gmail.com> wrote:
On Mon, May 14, 2012 at 1:39 PM, Dhananjay Nene <dhananjay.nene@gmail.com> wrote:
Sree,
Sounds good. I will start creating a sponsorship document using the same.
Dhananjay
We may want to consider a special Tier for sponsoring Travel expenses for the keynote speaker. This is suitable for a foreign sponsors.
Last time, we asked Github for Gold sponsorship and that wasn't sufficient for the keynote speaker's trip.
+1
We need to workout details of what would they get in return? Any thoughts?
They can get the same benefits as a gold sponsorship, but we'll have the flexibility of not having to commit a fixed amount of money. It looks like 1.5L INR (3K USD) should be sufficient for travel of one foreign speaker. We may even be able to accommodate the hotel expenses in it. We can tell the sponsors that the actual amount will be somewhere between 3K to 4K USD. Does this sound okay? Anand
On 15 May 2012 09:40, Anand Chitipothu <anandology@gmail.com> wrote:
On Tue, May 15, 2012 at 8:48 AM, Sreekanth S Rameshaiah <sree@mahiti.org> wrote:
On 14 May 2012 13:55, Anand Chitipothu <anandology@gmail.com> wrote:
On Mon, May 14, 2012 at 1:39 PM, Dhananjay Nene <dhananjay.nene@gmail.com> wrote:
Sree,
Sounds good. I will start creating a sponsorship document using the same.
Dhananjay
We may want to consider a special Tier for sponsoring Travel expenses for the keynote speaker. This is suitable for a foreign sponsors.
Last time, we asked Github for Gold sponsorship and that wasn't sufficient for the keynote speaker's trip.
+1
We need to workout details of what would they get in return? Any thoughts?
They can get the same benefits as a gold sponsorship, but we'll have the flexibility of not having to commit a fixed amount of money.
It looks like 1.5L INR (3K USD) should be sufficient for travel of one foreign speaker. We may even be able to accommodate the hotel expenses in it. We can tell the sponsors that the actual amount will be somewhere between 3K to 4K USD.
Does this sound okay?
Very good thought. +1
Anand
-- Sreekanth S Rameshaiah Executive Director Mahiti Infotech Pvt. Ltd. "OpenSpace", #583, Vyalikaval HBCS Layout, Nagawara, Veerannapalya, Bangalore, India - 560043 Phone: +91 80 3094 9393 Mobile: +91 98455 12611 www.mahiti.org
On Tue, May 15, 2012 at 9:48 AM, Sreekanth S Rameshaiah <sree@mahiti.org>wrote:
On 15 May 2012 09:40, Anand Chitipothu <anandology@gmail.com> wrote:
On Tue, May 15, 2012 at 8:48 AM, Sreekanth S Rameshaiah <sree@mahiti.org> wrote:
On 14 May 2012 13:55, Anand Chitipothu <anandology@gmail.com> wrote:
On Mon, May 14, 2012 at 1:39 PM, Dhananjay Nene <dhananjay.nene@gmail.com> wrote:
Sree,
Sounds good. I will start creating a sponsorship document using the same.
Dhananjay
We may want to consider a special Tier for sponsoring Travel expenses for the keynote speaker. This is suitable for a foreign sponsors.
Last time, we asked Github for Gold sponsorship and that wasn't sufficient for the keynote speaker's trip.
+1
We need to workout details of what would they get in return? Any thoughts?
They can get the same benefits as a gold sponsorship, but we'll have the flexibility of not having to commit a fixed amount of money.
It looks like 1.5L INR (3K USD) should be sufficient for travel of one foreign speaker. We may even be able to accommodate the hotel expenses in it. We can tell the sponsors that the actual amount will be somewhere between 3K to 4K USD.
Does this sound okay?
Very good thought. +1
As I start collating all this into a doc, this starts being a slightly dicey one. a) The exact amount is variable - which could be a slight issue for someone willing to commit b) Some of the issues I suspect are due to the fact that remittance could be in foreign exchange and part of the expenditure (eg. ticket but not the hotel) are in foreign exchange. c) If the amount is not the same as standard slabs it becomes a little hard for us to figure out exactly what to offer for this - is this a new slab? How does one slot it between existing slabs etc. I instead propose that we allow any Gold or Platinum sponsor the following treatment : a) Also announce amount in $ slabs. ie. work out what a Gold or Platinum slab will cost in USD terms. b) Allow the sponsor to elect to pay for the speaker expenses. It should be fine if the speaker expenses include local stay and allowances as well in that amount so long as the speaker gets it directly from the sponsor and uses it for the local expenses. We should still grant the sponsor the equivalent treatment of the gold / platinum sponsor so long as they treat the remainder of the amount as a contribution towards Pycon India sponsorship. (ie. the exact sponsorship amount remitted to IPSS will be the difference between the slab and the speaker expenses directly reimbursed, though the sponsor will get the full benefits of the slab he chooses). c) My only slight reservation is that the speaker expenses could end up being > 1.5 lakhs if the rupee continues to depreciate further. So it might make sense to have the sponsorship $ amounts as being $3500 (instead of $2800 as per current exchange rate). One may want to consider raising the local sponsorship gold slab to 1.75 lakhs instead of the 1.5 lakhs and treat the equivalent foreign currency amount as USD 3500. Thats what I would recommend. In light of this suggestion, the sponsorship amounts will be Platiinum : 3,00,000 INR or 6,000 USD for foreign sponsors Gold : 1,75,000 INR or 3,500 USD for foreign sponsors Silver: 1,00,000 INR or 2,000 USD for foreign sponsors Dhananjay Anand
-- Sreekanth S Rameshaiah Executive Director Mahiti Infotech Pvt. Ltd. "OpenSpace", #583, Vyalikaval HBCS Layout, Nagawara, Veerannapalya, Bangalore, India - 560043 Phone: +91 80 3094 9393 Mobile: +91 98455 12611 www.mahiti.org
_______________________________________________ Inpycon mailing list Inpycon@python.org http://mail.python.org/mailman/listinfo/inpycon
-- ---------------------------------------------------------------------------------------------------------------------------------- http://blog.dhananjaynene.com twitter: @dnene <http://twitter.com/dnene>google plus: http://gplus.to/dhananjaynene
As I start collating all this into a doc, this starts being a slightly dicey
one.
a) The exact amount is variable - which could be a slight issue for someone willing to commit b) Some of the issues I suspect are due to the fact that remittance could be in foreign exchange and part of the expenditure (eg. ticket but not the hotel) are in foreign exchange.
We can ask the sponsor to book the hotel via Cleartrip or some other website. That way we don't have to worry about foreign exchange.
c) If the amount is not the same as standard slabs it becomes a little hard for us to figure out exactly what to offer for this - is this a new slab? How does one slot it between existing slabs etc.
I instead propose that we allow any Gold or Platinum sponsor the following treatment :
a) Also announce amount in $ slabs. ie. work out what a Gold or Platinum slab will cost in USD terms. b) Allow the sponsor to elect to pay for the speaker expenses. It should be fine if the speaker expenses include local stay and allowances as well in that amount so long as the speaker gets it directly from the sponsor and uses it for the local expenses. We should still grant the sponsor the equivalent treatment of the gold / platinum sponsor so long as they treat the remainder of the amount as a contribution towards Pycon India sponsorship. (ie. the exact sponsorship amount remitted to IPSS will be the difference between the slab and the speaker expenses directly reimbursed, though the sponsor will get the full benefits of the slab he chooses). c) My only slight reservation is that the speaker expenses could end up being > 1.5 lakhs if the rupee continues to depreciate further. So it might make sense to have the sponsorship $ amounts as being $3500 (instead of $2800 as per current exchange rate). One may want to consider raising the local sponsorship gold slab to 1.75 lakhs instead of the 1.5 lakhs and treat the equivalent foreign currency amount as USD 3500. Thats what I would recommend.
In light of this suggestion, the sponsorship amounts will be
Platiinum : 3,00,000 INR or 6,000 USD for foreign sponsors Gold : 1,75,000 INR or 3,500 USD for foreign sponsors Silver: 1,00,000 INR or 2,000 USD for foreign sponsors
I'm not sure if we can accept remittence in USD. So suggesting a USD equivalent and not being able to accept USD when a foreign sponsor is ready won't be a good situation. So we first need to find out what are the expenses that can be paid directly by foreign sponsors. Travel and hotel is one of them. If it is not possible to accept USD and if there are no other expenses that can be paid directly in USD, there is no point specifying USD equivalents. We can just create a new slab Travel Sponsorship. Also, it may not be necessary to strictly match the local and foreign sponsorship amounts. I don't see an issue with have Rs. 1.5L and $3500 as the amount for gold slab. I think 3L for platinum might be too high. What Sreekanth suggest sounds reasonable to me. May be we can push it a bit higher and roundoff. Silver: Rs. 75,000/- ($2000) Gold: Rs. 1,50,000/- ($3500) Platinum: Rs. 2,50,000/- ($5000) Anand
On Sun, May 20, 2012 at 6:45 AM, Anand Chitipothu <anandology@gmail.com>wrote:
As I start collating all this into a doc, this starts being a slightly dicey
one.
a) The exact amount is variable - which could be a slight issue for someone willing to commit b) Some of the issues I suspect are due to the fact that remittance could be in foreign exchange and part of the expenditure (eg. ticket but not the hotel) are in foreign exchange.
We can ask the sponsor to book the hotel via Cleartrip or some other website. That way we don't have to worry about foreign exchange.
Precisely my thought
c) If the amount is not the same as standard slabs it becomes a little hard for us to figure out exactly what to offer for this - is this a new slab? How does one slot it between existing slabs etc.
I instead propose that we allow any Gold or Platinum sponsor the following treatment :
a) Also announce amount in $ slabs. ie. work out what a Gold or Platinum slab will cost in USD terms. b) Allow the sponsor to elect to pay for the speaker expenses. It should be fine if the speaker expenses include local stay and allowances as well in that amount so long as the speaker gets it directly from the sponsor and uses it for the local expenses. We should still grant the sponsor the equivalent treatment of the gold / platinum sponsor so long as they treat the remainder of the amount as a contribution towards Pycon India sponsorship. (ie. the exact sponsorship amount remitted to IPSS will be the difference between the slab and the speaker expenses directly reimbursed, though the sponsor will get the full benefits of the slab he chooses). c) My only slight reservation is that the speaker expenses could end up being > 1.5 lakhs if the rupee continues to depreciate further. So it might make sense to have the sponsorship $ amounts as being $3500 (instead of $2800 as per current exchange rate). One may want to consider raising the local sponsorship gold slab to 1.75 lakhs instead of the 1.5 lakhs and treat the equivalent foreign currency amount as USD 3500. Thats what I would recommend.
In light of this suggestion, the sponsorship amounts will be
Platiinum : 3,00,000 INR or 6,000 USD for foreign sponsors Gold : 1,75,000 INR or 3,500 USD for foreign sponsors Silver: 1,00,000 INR or 2,000 USD for foreign sponsors
I'm not sure if we can accept remittence in USD. So suggesting a USD equivalent and not being able to accept USD when a foreign sponsor is ready won't be a good situation.
That is not correct. We can accept remittances. Its tax treatment is different and the amount of paperwork needed to get/pass on tax breaks is just huge. Its really a taxation issue and assumiing one doesn't do all the paperwork (which is really onerous), the taxation impact could be large (Sree to clarify if I misstated anything). I suspect if we just go ahead and pay say a 33% tax on the incoming forex w/o doing the paperwork, its still a reasonable amount of money rather than not accepting it all. (AFAIK Indian currency sponsorships - we don't get taxed and the sponsors get a tax break on the amount).
So we first need to find out what are the expenses that can be paid directly by foreign sponsors. Travel and hotel is one of them.
If it is not possible to accept USD and if there are no other expenses that can be paid directly in USD, there is no point specifying USD equivalents. We can just create a new slab Travel Sponsorship.
Also, it may not be necessary to strictly match the local and foreign sponsorship amounts. I don't see an issue with have Rs. 1.5L and $3500 as the amount for gold slab.
I generally think foreign currency conversion rates should be fair at least at the point in time they are applied (future fluctuations notwithstanding). At 1.5L & $3500 they aren't imo. For a bulk of the past year these have been hovering around 1USD = 50 INR. The above conversion treats 1USD = 42 INR and the current rates are 1USD = 54INR)
I think 3L for platinum might be too high. What Sreekanth suggest sounds reasonable to me. May be we can push it a bit higher and roundoff.
Silver: Rs. 75,000/- ($2000) Gold: Rs. 1,50,000/- ($3500) Platinum: Rs. 2,50,000/- ($5000)
More thoughts on the amounts? I still believe 3/1.75/1 is a good set of slabs to have.
Anand
-- ---------------------------------------------------------------------------------------------------------------------------------- http://blog.dhananjaynene.com twitter: @dnene <http://twitter.com/dnene>google plus: http://gplus.to/dhananjaynene
Just realised my comments could lead to a whole bunch of questions on taxation and currency laws. So with an intent to specifically refocus on the impact of that on what we do (rather than the legal details themselves), here's my understanding (open for agreement or contesting) a. We can accept foreign currency sponsorships b. Sponsorship grants to us may not be tax deductible in countries of the sponsor c. We may end up having to pay more tax on the amounts d. Its better to offset foreign currency expenditure (primarily speaker travel and any other associated speaker expenses) by a foreign third party directly footing the bill. For all other expenses, it really doesn't matter. Dhananjay On Sun, May 20, 2012 at 9:24 AM, Dhananjay Nene <dhananjay.nene@gmail.com>wrote:
On Sun, May 20, 2012 at 6:45 AM, Anand Chitipothu <anandology@gmail.com>wrote:
As I start collating all this into a doc, this starts being a slightly dicey
one.
a) The exact amount is variable - which could be a slight issue for someone willing to commit b) Some of the issues I suspect are due to the fact that remittance could be in foreign exchange and part of the expenditure (eg. ticket but not the hotel) are in foreign exchange.
We can ask the sponsor to book the hotel via Cleartrip or some other website. That way we don't have to worry about foreign exchange.
Precisely my thought
c) If the amount is not the same as standard slabs it becomes a little hard for us to figure out exactly what to offer for this - is this a new slab? How does one slot it between existing slabs etc.
I instead propose that we allow any Gold or Platinum sponsor the following treatment :
a) Also announce amount in $ slabs. ie. work out what a Gold or Platinum slab will cost in USD terms. b) Allow the sponsor to elect to pay for the speaker expenses. It should be fine if the speaker expenses include local stay and allowances as well in that amount so long as the speaker gets it directly from the sponsor and uses it for the local expenses. We should still grant the sponsor the equivalent treatment of the gold / platinum sponsor so long as they treat the remainder of the amount as a contribution towards Pycon India sponsorship. (ie. the exact sponsorship amount remitted to IPSS will be the difference between the slab and the speaker expenses directly reimbursed, though the sponsor will get the full benefits of the slab he chooses). c) My only slight reservation is that the speaker expenses could end up being > 1.5 lakhs if the rupee continues to depreciate further. So it might make sense to have the sponsorship $ amounts as being $3500 (instead of $2800 as per current exchange rate). One may want to consider raising the local sponsorship gold slab to 1.75 lakhs instead of the 1.5 lakhs and treat the equivalent foreign currency amount as USD 3500. Thats what I would recommend.
In light of this suggestion, the sponsorship amounts will be
Platiinum : 3,00,000 INR or 6,000 USD for foreign sponsors Gold : 1,75,000 INR or 3,500 USD for foreign sponsors Silver: 1,00,000 INR or 2,000 USD for foreign sponsors
I'm not sure if we can accept remittence in USD. So suggesting a USD equivalent and not being able to accept USD when a foreign sponsor is ready won't be a good situation.
That is not correct. We can accept remittances. Its tax treatment is different and the amount of paperwork needed to get/pass on tax breaks is just huge. Its really a taxation issue and assumiing one doesn't do all the paperwork (which is really onerous), the taxation impact could be large (Sree to clarify if I misstated anything). I suspect if we just go ahead and pay say a 33% tax on the incoming forex w/o doing the paperwork, its still a reasonable amount of money rather than not accepting it all. (AFAIK Indian currency sponsorships - we don't get taxed and the sponsors get a tax break on the amount).
So we first need to find out what are the expenses that can be paid directly by foreign sponsors. Travel and hotel is one of them.
If it is not possible to accept USD and if there are no other expenses that can be paid directly in USD, there is no point specifying USD equivalents. We can just create a new slab Travel Sponsorship.
Also, it may not be necessary to strictly match the local and foreign sponsorship amounts. I don't see an issue with have Rs. 1.5L and $3500 as the amount for gold slab.
I generally think foreign currency conversion rates should be fair at least at the point in time they are applied (future fluctuations notwithstanding). At 1.5L & $3500 they aren't imo. For a bulk of the past year these have been hovering around 1USD = 50 INR. The above conversion treats 1USD = 42 INR and the current rates are 1USD = 54INR)
I think 3L for platinum might be too high. What Sreekanth suggest sounds reasonable to me. May be we can push it a bit higher and roundoff.
Silver: Rs. 75,000/- ($2000) Gold: Rs. 1,50,000/- ($3500) Platinum: Rs. 2,50,000/- ($5000)
More thoughts on the amounts? I still believe 3/1.75/1 is a good set of slabs to have.
Anand
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-- ---------------------------------------------------------------------------------------------------------------------------------- http://blog.dhananjaynene.com twitter: @dnene <http://twitter.com/dnene>google plus: http://gplus.to/dhananjaynene
On 20 May 2012 09:54, Dhananjay Nene <dhananjay.nene@gmail.com> wrote:
Just realised my comments could lead to a whole bunch of questions on taxation and currency laws. So with an intent to specifically refocus on the impact of that on what we do (rather than the legal details themselves), here's my understanding (open for agreement or contesting)
a. We can accept foreign currency sponsorships
No. We cannot. (There is a legal limitation)
b. Sponsorship grants to us may not be tax deductible in countries of the sponsor c. We may end up having to pay more tax on the amounts
Do not go down this path. Its way too complicated for non-profit institutions to do this.
d. Its better to offset foreign currency expenditure (primarily speaker travel and any other associated speaker expenses) by a foreign third party directly footing the bill. For all other expenses, it really doesn't matter.
+1. Irrespective of whether they are Indian companies or of foreign origin, let them foot the bill and get equivalent sponsorship slab.
Regards, - sree
On Mon, May 21, 2012 at 11:43 AM, Sreekanth S Rameshaiah <sree@mahiti.org>wrote:
On 20 May 2012 09:54, Dhananjay Nene <dhananjay.nene@gmail.com> wrote:
Just realised my comments could lead to a whole bunch of questions on taxation and currency laws. So with an intent to specifically refocus on the impact of that on what we do (rather than the legal details themselves), here's my understanding (open for agreement or contesting)
a. We can accept foreign currency sponsorships
No. We cannot. (There is a legal limitation)
b. Sponsorship grants to us may not be tax deductible in countries of the sponsor c. We may end up having to pay more tax on the amounts
Do not go down this path. Its way too complicated for non-profit institutions to do this.
d. Its better to offset foreign currency expenditure (primarily speaker travel and any other associated speaker expenses) by a foreign third party directly footing the bill. For all other expenses, it really doesn't matter.
+1. Irrespective of whether they are Indian companies or of foreign origin, let them foot the bill and get equivalent sponsorship slab.
Ok. Given the various constraints will create a special slab for speaker
sponsor and revert.
Regards, - sree
participants (5)
-
Anand Chitipothu -
Dhananjay Nene -
Jaidev Deshpande -
Noufal Ibrahim -
Sreekanth S Rameshaiah