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The Document Foundation Reaches Goal of �50,000 in Eight Days

Mar 01, 2011, 00:02 (0 Talkback[s])
(Other stories by Susan Linton)

"The Document Foundation sent out an announcement this morning of reaching its goal of €50,000 in order to set up a legal foundation in Germany. The Document Foundation turned to the community for donations to help raise the capital. It didn't take very long to secure those funds.

"The Document Foundation reports that just 2,000 donors were needed to raise the sum of €50,000 needed for the startup capital. These funds will be frozen and can not be spent, although any interest accrued can be used by the foundation."

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