[foundation-board] Knight grant contract

[Jordan S Hatcher]

On 7 Dec 2011, at 15:07, Becky Hogge wrote:

> 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?

If there is an intermediary such as the Tides Center, I'd expect them to get some sort of fee for administering the grant.  I take it this is it?

Just to clarify on the currency side, this is $235,000 USD out of $250,000 AFAICT.

Thanks

Jordan

____
Mr. Jordan S Hatcher, JD, LLM

More at: <http://www.jordanhatcher.com>
Co-founder:  <http://www.opendatacommons.org>
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