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Sid2
Senior Cruncher
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Re: tax deductible donation?

In the real world, I believe it would be a reasonable estimate that 2% of the crunchers do 95% of the crunching.


I was curious about this claim, so I ran the numbers. There are currently a little over 100 000 active crunchers.

The top 2% (2 000 members) produced 47.6% of yesterday's output.




The statistics page trumpets 463,677 members, 2% would be 9274.

. . . the original estimate would seem to be reasonable.
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Former Member
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Re: tax deductible donation?

Active members.
[Jul 15, 2009 12:35:31 AM]   Link   Report threatening or abusive post: please login first  Go to top 
Sid2
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Re: tax deductible donation?

Active members.


You added that quantifier to my original observation.
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Former Member
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Re: tax deductible donation?

If you want to calculate using all members, past and present, and the global total - be my guest.

Using active members allowed me to easily compute an exact and definitive figure.
[Jul 15, 2009 2:12:22 AM]   Link   Report threatening or abusive post: please login first  Go to top 
JmBoullier
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Re: tax deductible donation?

Calculating the top 2% of individual contributors is much more difficult.

Not that much, you can already have a reasonable rough estimate:
2% (2000): 47.6 %
0.01 % (10) academic contributors: 10.3 %
That leaves 47.6 - 10.3 = 37.3 % for the Top 2 % of individual contributors.
One can add the contribution of #2001-2010 if that matters. smile

@Sid2: The choice to restrict this computation to active members seems realistic. I don't think that inactive members might dare to claim any tax deduction. Or if they would that would be one more reason to add to the long list of reasons why this scheme will probably never happen.

Cheers. Jean.
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TimAndHedy
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Re: tax deductible donation?

I was just reading over this thread.

"The problem is that World Community Grid is not a charity"

Is someone making profit from my systems work?

How do you define charity?

1: benevolent goodwill toward or love of humanity
2 a: generosity and helpfulness especially toward the needy or suffering
3 a: a gift for public benevolent purposes

Personally I consider the work being done well within the definition of charity.

Unless of course I don't understand the business relationships behind what I am doing.
[Jul 15, 2009 5:34:17 AM]   Link   Report threatening or abusive post: please login first  Go to top 
JmBoullier
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Re: tax deductible donation?

How do you define charity?

In all these discussions a charity is a precise class of organizations for the US tax system (and probably also for many other tax systems in other countries).

WCG is not in this category, so even if our contributions could be valued reasonably (which is far from being the case) they would not be deductible.

It has no direct relationship with the objectives of the organization or with the way it is funded.

Cheers. Jean.
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Sekerob
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Re: tax deductible donation?

Active members.


You added that quantifier to my original observation.

You used the present 'do', which to me, foreign tongued person, is meaning 'active' ;>)
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[Jul 15, 2009 7:52:20 AM]   Link   Report threatening or abusive post: please login first  Go to top 
Nick-MMX
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Re: tax deductible donation?

base it off points rather than time!

618 hours = 17500 points
28.3pph
dual core
cpu = 2 watt (atom)
therefore 48 x 28.3 = 1358.4 ppd
therefore 2(watts) x 60 x 60 x 24 = 172800 joules per day.
345600/1358.4 = 127 joules per point (baseline for tax ded)
1 kilowatt hour = 60x60x1000=3600000 joules

So if i get 125000 points in a year from my netbook:
125000x127=15875000 joules
31875000/3600000=4.41 kilowatt hours.
This we understand to be a payable (eek) number.

The points per joule could be adjusted each year depending on how technology advances.
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[Edit 3 times, last edit by Nick-MMX at Jul 15, 2009 9:27:01 AM]
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Sekerob
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Re: tax deductible donation?

What would you'all think the cost to WCG's sponsor would be to facilitate this in all the countries setting this up, consulting tax specialists, contacting the tax inspector's respective jurisdictions and agencies? Then, how many are actually going to use this and actually have a material tax deduction?

The original idea was to use idle time of computers that were on anyway, the extra cost minimal. Is that sales point no longer valid?

Yes, theories are nice, principles are great, but I'll take this as a personal expense.
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[Jul 15, 2009 9:36:00 AM]   Link   Report threatening or abusive post: please login first  Go to top 
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