[foundation-board] Knight grant contract

Wed Dec 7 15:07:35 UTC 2011

On 7 December 2011 14:20, Martin Keegan <martin at no.ucant.org> wrote:
>
> On Fri, 25 Nov 2011, Martin Keegan wrote:
>
>> > >From this contract, it looks like the latter (from the final para "The
>> > $15,000 cost of the fiscal agency will come out of grant funds and has
>> > been added to the grant amount." Total grant is for $265,000). I'm
>>
>> That's correct.
>
> [replying to myself here].

>From the Word document attached to this email it now appears that we
are receiving on £235,000, with $250,000 going to the Tides Center.
What's happened?
>
>> > happy for OKF to sign this, subject to satisfactory explanation of
>> > browser plugin issue James has raised.
>>
>> The terms "browser plugin" and "embeddable widgets" result from a few
>> rounds of redrafting. I've spoken to and written to Knight to get them to
>> include a reference to this in the side letter, acknowledging how the
>> terms should fit together.
>
> Ok. I sought clarification from Knight about the paperwork and amiguities.
>
> They've sent a side letter permitting the use of our preferred licence and
> interpretation of the terminology above; I've attached this.
>
> I've also attached the two documents we need to sign[*].  One is the
> proposed contract with the fiscal sponsor (called "Tides Center"). The
> other is the grant agreement between Knight and the fiscal sponsor, which
> they'd like us to sign in acknowledgement, despite not being a party to
> it. The former passes on to us various obligations imposed by the latter.
>
> Please have another look at these documents

I do not see an "enclosed budget" as specified in p4 of 26154916.pdf
"Basic Grant Conditions" point 3 "Changes to any specific line item in
the enclosed budget greater than 5% should be approved in writing by
Knight Foundation prior to making the change."

Cheers

Becky
>
> Mk
>
> [*] They both incorporate the document I circulated earlier, which I had
> taken to be one of the items needing a signature, as I was confused by the
> terminology.
>
>
>
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