[Owasp-board] Motion to approve proposal 9
jim.manico at owasp.org
Fri Oct 9 02:47:16 UTC 2015
Global Board Member
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> On Oct 9, 2015, at 3:10 AM, Josh Sokol <josh.sokol at owasp.org> wrote:
> I would like to motion that we approve proposal 9 of the funding initiative discussed at the last Board meeting. The exact wording is as follows:
> Separate from the aforementioned budgeting process for chapter and project accounts, any OWASP Leader can create a budget and provide it to the OWASP Board prior to November 1 for inclusion in the Foundation budget planning process. The budget would be reviewed by the Executive Director and Board, and, if approved, incorporated into the overall OWASP Foundation budget for the following year. This would effectively set aside the funds to use at the appropriate period of time, in the future, with no further approvals necessary. Money that is budgeted in this manner, that wasn’t spent during the calendar year, would be returned back to the OWASP Foundation general funds.
> Do I hear a second?
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