[Chapter-delegates] Open Internet Endowment

[Marcin Cieslak]

On Tue, 31 Jul 2012, Dr. Alejandro Pisanty Baruch wrote:

> Hi,
> 
> I may have missed or forgotten something so... can anyone refresh my
> memory, or tell me more about this? staff or chapters, either is good
> for me! Is the Endowment now official? what participation does it
> foresee from the Chapters and members communities, if any?

2009-2011 Business Plan said:

"""
Forming an Endowment: 
 
Establishing an endowment would constitute a very long term 
endeavor to raise sufficient funds whose annual return could cover 
a significant portion of the ISOC budget.  There are several 
challenging barriers to building endowments in general and also 
with the specific idea of one for ISOC.   
 
 
The first challenge is finding funding. Most foundation guidelines 
prohibit support for endowments. It is also common for individuals 
(most give through private foundations for tax purposes) not to 
fund endowments.  Company funds also usually come with high 
bars.  Like planned giving programs, successful endowments are 
anchored by established “annual giving” programs.  The 
aforementioned challenges to funding emphasize this as a 
necessary precursor to an endowment. 
 
 
The second challenge is the amount of money needed to generate 
the interest required to fund annual operations.  This is often 
connected to the first case. No one wants to contribute to an 
endowment unless they know that others are lined-up to complete 
the campaign. A significant endowment would be required to fund 
even a portion of ISOC’s programs. 
 
 
The combination of these factors cast question on the prospects for 
success, and the resources required to develop an endowment 
(mission, goals, objectives, etc) and then to market it are 
significant.  We do not recommend this option in the near-to-mid 
term, but will continue to revisit this option periodically. 
"""

[1]

The current plan says only this (as much as I could find):

"* ISOC’s funding from other sources will increase over the period,
including growth in sponsorships, grants, and endowment funding. "

plus a mentions about new revenue programs targeted at the
org members.

[2]

//Marcin

[1] - PDF file (SHA1 8d21ca8308499a321807d29ef05a6b583b79151b)
Title:          Internet Society
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[2] - http://www.internetsociety.org/sites/default/files/Internet%20Society%20Business%20Plan%202012%20-%202014.pdf

SHA1: 750fc680c33110bd9e086208ce9e9ac896e10ee9

Title:          2012-2014 Business Plan - 24 Oct 2011
Subject:        
Keywords:       
Author:         Karen Rose
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