[IGFmaglist] FoIGF/Tides Trust Fund

[Patrick Ryan]

The slides that I'm walking through are
here<https://docs.google.com/presentation/d/16sENkp0xIZ8KVuClFTi1S7Cjxg81dZQAztAPmqhAUJ8/edit#slide=id.p>
.


On Tue, May 20, 2014 at 11:55 AM, Patrick Ryan <patrickryan at google.com>wrote:

> UPDATE:  The meeting will be held in Salle VII from 12:30 to 13:30.  This
> room is right outside the main MAG room at the top of the ramp.
>
> The meeting is *open*, please make sure that any non MAG colleagues who
> are here (and who maybe interested) know that they are free to join.
>
> Patrick
>
>
> On Sun, May 18, 2014 at 7:18 PM, Patrick Ryan <patrickryan at google.com>wrote:
>
>> Dear Colleagues,
>>
>> I will be hosting an informal meeting, open to all, on Tuesday morning
>> before the MAG meeting (details to follow) in order to discuss the new
>> Tides arrangement.  If you are interested in joining, I will send out an
>> invitation for everyone on Monday.   The Tides fund is ready, as is the
>> arrangement between Tides and the UN (a new development in the past few
>> weeks).
>>
>> To recap, the Tides Foundation is a non-profit and registered as a
>> 501(c)(3) in the United States.  For more than 30 years, it has provided
>> funding vehicles for non-profit and charitable ventures.
>>
>> *High-level details:*
>>
>>    - Funders can provide money to Tides directly, and Tides has an
>>    arrangement with the UN;
>>    - This arrangement avoids the complexities of contracting with the
>>    UN, which can take several months;
>>    - For U.S. companies, it also provides confirmation that donations
>>    are charitable contributions via the 501(c)(3) status, something that is
>>    not available by direct donations to the UN;
>>    - There will be modalities for credit-card donations, also a new
>>    feature;
>>    - The Fund charges 3% as its overhead (additional pass-through
>>    bank-fees if credit cards are used);
>>    - Although U.S. businesses have the most advantage (because of the
>>    501(c)(3) status for charitable donations), it may be used by *any
>>    private sector or individual contributor* globally;
>>    - Funds collected may be transferred to the Secretariat, or they
>>    could be used to provide funding for other IGF initiatives (this is how we
>>    funded Indonesia last year).
>>
>>
>> *How the fund is managed:*
>>
>>    - By law, the Fund is independently managed by Tides, and it makes
>>    recommendations via “donor/advisors” to the fund;
>>    - The Fund currently has three initial donor/advisors: Patrick Ryan,
>>    Anriette Estherheusen, Ayesha Hassan;
>>    - We hope to add one or two more donor/advisors, including a
>>    representative from the ICC BASIS community;
>>    - We are committed to total transparency in all funding activities so
>>    that the community is aware of donors and the uses of funding.
>>
>>
>> We will shortly have a note on the Tides website that provides
>> information to who to contact at Tides and how to donate.  In the meantime,
>> businesses, individuals or any other donor can reach out directly to the
>> Tides representative to discuss:
>>
>> Edward Y Wang (fund manager)
>> ewang at tides.org
>>  [t] 415.561.6387 [f] 415.561.6301
>>
>> Finally, please recall that this is a *non-exclusive* solution.  There
>> are other funding models in the works (ISOC is working on a solution that
>> would be based in Switzerland, for example).  It seems unlikely that the
>> ISOC option may be available in time for this year’s IGF—however, we hope
>> that the agreement and arrangements that we have developed with the UN for
>> Tides can be similarly used by ISOC and others.  We want to let 1,000
>> flowers bloom here.  Additionally, donors that wish to work out an
>> arrangement directly with the UN can do so.
>>
>> We’ll discuss more next week.  In the meantime,  attached is a draft note
>> that we hope to put on the Tides website sometime this next week, pending
>> approval from the UN’s Office of Legal Affairs.
>>
>> Cheers,
>>
>> Patrick
>>
>>
>>
>>
>>
>>
>>
>
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