[Owasp-leaders] Membership funds

[Tim]

Yes, this is what came to my mind as well.  Incorporating Dinis
suggestion and some of my own ideas, what about this: 

Individual membership dues: 75% to chapter, 25% to foundation
Corporate membership dues: 25% to chapter, 75% to foundation
Conference/event profits: 25% to chapter, 75% to foundation

Let C be the chapter funds "soft" cap
Let P be the shared chapter pool "hard" cap

Once per year, do the following:
 For any chapter with funds greater than C, move %50 of any excess
 funds C into a shared chapter pool

 If the the chapter pool is greater than P, move all excess funds to
 the global foundation


Any chapters can "overdraw" their chapter account and pull from the
chapter pool.  Perhaps some kind of limit should be put on how much
any given chapter pulls from the shared pool in a year.


Reasoning:

I think individual membership dues are important to keep with the
chapter.  It encourages contribution and participation at the local
level.  Corporate membership is probably not quite the same in that
way.  Also, I'm guessing individual membership dues are not the
biggest contributor to chapter funds right now (whereas conferences
and corporate contributions probably are), so it isn't going to cause
a big lockup of funds by putting more of the individual dues toward a
chapter.

In this system, the shared chapter pool is not so much different than
what we are doing this year in 2013 where a $500 overdraw was offered
to poor chapters.  I think this overdraw ability is *very* useful to
new chapters.

Of course all suggested numbers above are negotiable, it's just a
framework for more fairly unlocking excess funds.
tim


On Thu, Jun 06, 2013 at 03:38:50PM +0100, Daniel Turner wrote:
> What about if the split was left the same as it is now so chapters can
> access funds as needed, but after a period of time, say the financial year,
> unspent funds were lost and used for OWASP as a whole?
> 
> 
> On Thu, Jun 6, 2013 at 3:21 PM, Eoin <eoin.keary at owasp.org> wrote:
> 
> > Hello leaders,
> >
> > There is a foundation proposal to remove the split 60/40 from the
> > individual membership dues. 100% if the funding goes to the foundation.
> > The funds are to be used to hire additional staff but also what prompts
> > this is the lack of spending.....
> >
> > Chapters simply are not spending their funds and we have 0000's building
> > up in owasp bank accounts, all ring fenced and going nowhere!!
> >
> > Please share your thoughts with myself and the board.
> >
> >
> >
> > Eoin Keary
> > Owasp Global Board
> > +353 87 977 2988
> >
> > _______________________________________________
> > OWASP-Leaders mailing list
> > OWASP-Leaders at lists.owasp.org
> > https://lists.owasp.org/mailman/listinfo/owasp-leaders
> >

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