[Owasp-board] COMPLETE BOARD ACTION ITEM: OWASP event profit sharing messaging

Mark Bristow mark.bristow at owasp.org
Tue May 10 19:21:58 UTC 2011


OWASP Board,

As previously directed, the OWASP GCC has developed some draft language to
announce the profit sharing policy for events for your review and
consideration.  If the Board approves, I will post this to the leaders list.

Regards,
-Mark

To: Leaders List
Subject: OWASP event profit sharing for local chapters!

Leaders,

Earn up to $5000 for your chapter by hosting an OWASP Event!  Local chapters
who would like to host an OWASP Local, Regional or Global AppSec event can
now receive a portion of the event profits earmarked for your chapter.  This
new policy rewards chapters who volunteer to take on the challenge of
hosting an OWASP event with the following schedule:

   - Global AppSec Conference - 25% of event profits with a $5,000 USD
   maximum ($10,000 for multi-chapter events)
   - Regional/Theme Events - 30% of event profits with a $4,000 USD maximum
   - Local Events - 50% of profits with a $3000 USD maximum

All you need to do is coordinate your event with the Global Conferences
Committee using the OWASP Conference Management System (
https://ocms.owasp.org), answer a few basic questions and get your event
approved.  If your event makes a profit you can earn some extra money for
your local chapter’s budget!  The Conferences Committee is excited about
this new program and can’t wait to work with you to host your OWASP event!

About the policy:
In addition to the Membership Committee's 60/40 membership income sharing
model, the GCC felt it was appropriate to provide a mechanism for local
chapters who volunteer significant time and effort to host OWASP events to
reap some financial benefit from that effort for their local chapter
budgets.  The committee considered the needs of the OWASP Foundation, local
chapter entrepreneurship, and a potential disparity between "have and have
not" chapters when debating the decision.  For more information on this
policy you can reference the GCC
discussion<https://lists.owasp.org/pipermail/global_conference_committee/2010-December/000568.html>,
GCC vote<https://docs.google.com/a/owasp.org/document/d/1eVX6lDyAtsUBrDKp6C7pcPTk8ObCv-QgnFAGq_zj510/edit?hl=en#>and
OWASP
Board Vote <https://www.owasp.org/index.php/Minutes_March_8,_2011> on the
subject.

Regards,
The Global Conferences Committee, Mark Bristow, Chair



================= FAQ (not for release with announcement)
================================
Q: But I thought that conference revenue was split 60/40!?!?
A: The 60/40 split only apples to membership income and is set by the
Membership Committee.  Previously, there was *no provision* to provide
profit sharing from events with local chapters.  This new policy provides
chapters with additional ways to obtain resources that did not exist before.

Q: Why are there caps?
A: OWASP events are a critical component to the revenue that OWASP earns
annually to cover it's operational expenses, making up about half of annual
revenue.  It is critical to the continuation of the OWASP Foundation that
this revenue stream not be significantly interrupted or we could run out of
funding for many of the OWASP activities we, and the community, have come to
rely on.  Many OWASP events can be quite profitable (Global AppSec events
can make in excess of $100,000 USD) and the Committee decided it was
important to put overall profit sharing caps in place  to ensure the
conference revenue was available throughout foundation for operating costs.
Additionally, Individual chapter budgets are not the only way that chapters
can fund activities.  Chapters can reach out, via the Chapters Committee,
for support for various activities from the Foundation, (which in turn is
heavily funded by Conference revenue).  The caps ensure that we don't
encounter a situation where one or two chapters have a disproportionate
allocation of OWASP funds leaving the majority of chapters to fight over a
relatively small amount of funds via the Chapters committee.
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