I think we need more discussion on this. But let me add that Lynn had also made suggestions as discussed in issue 740. Maybe we should merge the 2 issues into one? Bert > -----Original Message----- > From: ietf-bounces@xxxxxxxx [mailto:ietf-bounces@xxxxxxxx]On Behalf Of > Fred Baker > Sent: Thursday, December 23, 2004 06:52 > To: ietf@xxxxxxxx > Subject: Building a surplus > > > > -----BEGIN PGP SIGNED MESSAGE----- > Hash: SHA1 > > Based on the discussion on the list including Christian's > note that said: > > The current platinum sponsors of ISOC are Afilias Limited, APNIC, > ARIN, > Microsoft, RIPE NCC, and the Swedish International Development > Cooperation Agency (SIDA). Most of these sponsors, including > Microsoft, > designate their funds for "standard activities". These standard > activities are typically IETF related, but they are not > necessarily > managed through "the IETF". The current list includes: RFC Editor, > scholarship funding for needy IETF participants to attend > meetings, > activities of the IAB, IESG, IRTF, special workshops of the IETF, > travel > for IETF related activities, "errors and omissions" > insurance coverage > for IESG, IAB, and Working Group Chairs, communications > charges for > conference calls of the IAB, IESG, and IRTF. > > Forcing a particular bank account structure does not > appear helpful. > What is helpful, on the other hand, is a yearly report > explaining how > the contributions are actually used. Even large companies like > Microsoft > don't like signing $100,000 checks without knowing how > the money will > be > spent. > > I'd like to suggest that section 5.6 be changed to read: > > As an initial guideline and in normal operating circumstances, the > IASA > should be able to count on an operating reserve for its activities > sufficient to cover 6-months of non-meeting operational > expenses, plus > twice the recent average for meeting contract guarantees. > Rather than > having the IASA attempt to build that reserve in separate > accounts, > the > IASA looks to ISOC to build and provide that operational reserve, > through whatever mechanisms ISOC deems appropriate: line > of credit, > financial reserves, meeting cancellation insurance, and so forth. > Such > reserves do not appear instantaneously; the goal is to reach this > level > of reserves within 3 years after the creation of the > IASA. Such funds > shall be available for use by IASA for use in the event of IETF > meeting > cancellation or other unexpected fiscal emergencies. > > Under current conditions it is highly unlikely that an IETF-specific > surplus will be developed anytime soon, so I do not think its > necessary to > spend too much time planning for what to do with one (which I think is > what > Leslie was saying). > > In round numbers, the expected budget for the IETF-related > activities next > year is $4.1 million US (that includes $1.4 million for > running meetings > and $2.7 million for all other expenses including the IAD, > secretariat > costs, insurance, RFC Editor, IESG & IAB support etc). If > the attendance > at the meetings and the meeting fees stay the same, the meetings will > bring > in about $2 million. That leaves about $2.1 million for the > ISOC to pick > up. This is about half a million more support than the ISOC > budgeted this > year, and a bit over double ISOC's 2003 figure. > > Clearly, any donations to the ISOC like the ones that > Christian mentions, > that specify that the donations are to be used to support "standard > activities" would have to only be used to support standard > activities. But > it is likely to be a while before such designated donations > could exceed > the IASA costs that the ISOC will be responsible to cover. > > > Regards, > Fred Baker > > /============================================================= > ========/ > | Fred Baker | 1121 Via Del Rey > | > | Chairman, ISOC BoT | Santa Barbara, > California | > +--------------------------------+ 93117 USA > | > | Nothing will ever be attempted,| phone: +1-408-526-4257 > | > | if all possible objections must| fax: +1-413-473-2403 > | > | be first overcome. | mobile:+1-805-637-0529 > | > | Dr. Johnson, Rasselas, 1759| > | > /============================================================= > ========/ > > -----BEGIN PGP SIGNATURE----- > Version: PGP 8.0.3 > > iQA/AwUBQcpgUG4xHWxyLJtDEQLMEgCgju6Dt1YLmcDEGwpYWN2Ki3wl4B8An1dn > 0vSraJ2dVBR1WaWUGOHS8x7N > =YYYa > -----END PGP SIGNATURE----- > > _______________________________________________ > Ietf mailing list > Ietf@xxxxxxxx > https://www1.ietf.org/mailman/listinfo/ietf > _______________________________________________ Ietf@xxxxxxxx https://www1.ietf.org/mailman/listinfo/ietf