<div dir="ltr"><div>Interesting! I'd like to know what our 3-month cushion amount is, to compare against our current funds for sustainability. (Last meeting's notes put the general fund at <span style="color:rgb(0,0,0);font-family:sans-serif;font-size:13px;line-height:19.046875px">$37,611.44)</span></div>
<div>Are we currently bringing in more money per month than we spend on rent, utilities, etc., plus $2000? I think that is more important than a "suspend Fellowships if we get down to the wire again" clause.</div>
<div>I'd love to Skype in for this discussion.</div><div><br></div><div>cheers!</div><div>merlin</div></div><div class="gmail_extra"><br><br><div class="gmail_quote">On Wed, Jul 24, 2013 at 12:31 AM, James Sundquist <span dir="ltr"><<a href="mailto:sundquistjames@gmail.com" target="_blank">sundquistjames@gmail.com</a>></span> wrote:<br>
<blockquote class="gmail_quote" style="margin:0 0 0 .8ex;border-left:1px #ccc solid;padding-left:1ex">Also announced at today's meeting. This is the current draft of this consensus item, which I welcome any number of variations on. Time is on our side, because this will be a great thing once it is fleshed out. The basic concept is: <div>
<br></div><div>The Fellowship will be tracked by the Treasurer at the weekly meeting ala Noisetor, with dedicated funds of $2,000 per month.</div><div>The Fellowship draws from the general fund.</div><div>Funds for the Fellowship are only to be used for the Fellowship.</div>
<div>Previous month's Fellowship funds will rollover if unused.</div>Fellowship selection will take place at the start of each month.<br><div>Selections will be made by general community approval, but not by consensus.</div>
<div>Fellowship funds are to be used for covering project expenses (ordering 100 arduinos) rather than personal expenses (labor and bus fare).</div><div>The Fellowship will suspend if Noisebridge has less than three's months expenses.</div>
<div><div>Acceptable applications must be based off Noisebridge's stated purpose (see below) [2]</div><div></div></div><div><div><span style="font-family:monospace;font-size:12px;line-height:16px"><br></span></div><div>
<span style="font-family:monospace;font-size:12px;line-height:16px">The purpose of this corporation is to promote and encourage technical, scientific, and artistic skills through individual projects, social collaboration, and education. Also in the context of these purposes, the corporation shall engage in scientific, charitable and educational activities within the meaning of Section 501(c)(3) of the Internal Revenue Code, including but not limited to: </span></div>
<div><div style="margin:0px;padding:0px;font-family:monospace;font-size:12px;line-height:16px"><span style="margin:0px;padding:0px 0px 1px">(a). Through talks, classes, workshops, collaborative projects, and other activities, to encourage research, knowledge exchange, learning, and mentoring in a safe, clean space. (b). Provide educational spaces for teaching practical skills and theory of technology, science, and art. (c). Provide work space, storage, and other resources for projects related to art, science, and technology that will benefit the individual members' personal growth in their fields of interest, encouraging the individual members to share their projects and knowledge for the betterment of society through art, science and technology. (d). To create, learn, and teach, individually and as a group, inviting members of the community in the San Francisco area and the world. (e). To develop, support the development of, and provide resources for the development of free and open source software and hardware for the benefit of society. (f). Collaboration across disciplines for the benefit of cultural, charitable, and scientific causes. (g). To foster, by all legal means, the common purposes of its participants. (h). To conduct or engage in all lawful activities in furtherance of the stated purposes or those incidental to them.</span></div>
</div><div><br></div><div>[1]</div><div>[2]<a href="https://www.noisebridge.net/wiki/Bylaws#3.1_Purpose" target="_blank">https://www.noisebridge.net/wiki/Bylaws#3.1_Purpose</a></div></div>
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<br></blockquote></div><br><br clear="all"><div><br></div>-- <br><div dir="ltr">Make your world! • <a href="http://alexglow.com" target="_blank">http://alexglow.com</a><div><div>I welcome VSRE emails. • <a href="http://vsre.info/" target="_blank">http://vsre.info/</a></div>
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