Versions Compared

Old Version 11

changes.mady.by.user Avri Doria

Saved on

compared with

New Version 12

changes.mady.by.user Avri Doria

Saved on

Key

  • This line was added.
  • This line was removed.
  • Formatting was changed.

...

The JAS WG recommendation that the Board set up a planning committee, at the same time as the approval for the new gTLD program is approved, to investigate the various possibilities for funds and/or foundation and after consultation with the community to make recommendations on the formations of such a fund. the specific work items that should be included in the Board Foundation Recommendion WG include, but are not limited to:

  • Wiki Markup
    \[Investigate the legal structures that are available to a California 501C corporation for creating a fund of Foundations.
  • Investigate the requirements for creation of a fund or foundation in California.] (move to footnote was suggested)
  • Draft a document defining the core responsibilities and activities of the fund or foundations.
  • Define methods of work for the found or foundation, including fundraising, and fund distributions
  • Suggest membership for the first board of the foundation, including dealing with issue such as as the relationship between ICANN's corporate structure and the new fund or foundation.
  • Start obtaining pledges of funding with which to seed the resulting fund or foundation.

...

Since the GNSO first allowed for auctions as a possible method of resolving gTLD name contention, there has been the intent that these funds be applied to worthy causes including the support for what has now being called JAS-qualified applicants. Thought the quantity of the funds that may result from is unknown and they are certainly not available for the payment of fees in the 2011-2012 rounds, the funding will be available to fill the reserve and risk funds, if those funds are defered to cover the costs for the application fee reductions, as recommended in MR1 and MR2 for the fees of JAS-qualified applicants.

(some words about the future where there are funds beyond those needed to replenish - also indicating some notion of continuity and about the F&F making decisions about how to allocate those funds to future needs)

Use of funds

Funds collected, can be used for various purposes to assist JAS qualified participants.  Included among these uses are:

...