Re: [Tccc] Are IEEE publications and committees biased against women (and/or others)?

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Virgilio Rodriguez wrote:
...
> Hi, Joe: Yes it is at the IEEE level, which is consistent with what is
> written above. Which needs do you have in mind? Please, remember that
> we are talking about the NET PROFIT ('surplus') kept by the IEEE after
> considering *all* expenses, grants, gifts, money-losing journals, etc.,
> etc., etc. After *everything* has been considered, they still have 10
> Million USD left, for *one* single year of operation (not bad in a
> so-called recession time). At least this seems to be the implication of
> previous comments on this matter. Somebody with accounting background
> may perhaps further clarify this point.
>
> Do you seriously expect them to reallocate their end-of-year profit back
> to the community somehow? Can you cite a precedent on that?

That's what "non-profit" means. That money is used to secure future
meetings (as insurance against lost, consumed when there is a loss), to
expand the organization to support additional needs of the community (as
supporting new TCs), or fed back directly (via support funds for travel
grants or reduced student registrations).

The IEEE gains nothing by simply accumulating more money and not doing
anything with it. As a non-profit, they don't have shareholders that can
benefit from that revenue.

Joe
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