[foundation-board] Knight grant contract

Tue Nov 22 18:41:11 UTC 2011

On Tue, Nov 22, 2011 at 5:12 PM, Becky Hogge <becky.hogge at gmail.com> wrote:
> On 22 November 2011 15:06, Rufus Pollock <rufus.pollock at okfn.org> wrote:
>> On 22 November 2011 12:31, Martin Keegan <martin at no.ucant.org> wrote:
>>>
>>> Hello,
>>>
>>> attached is a copy of the contract the Knight Foundation wants us to sign
>>> for the Spending Stories project.
>>>
>>> 6% of the value would go to a fiscal sponsor organisation called the Tides
>>> Foundation (they are a US-based middleman Knight uses for grants to
>>> non-US entities). There's some flexibility for modifying the deliverables
>>
>> Is this 6% out of the original grant amount ($250k) or 6% on top of
>> that amount (i.e. we still get original amount). If the latter we're
>> ok but on the former: that's quite a lot we're losing!
>
> 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
> happy for OKF to sign this, subject to satisfactory explanation of
> browser plugin issue James has raised.

Also, not that it matters, I think, I am puzzled by the reference to
Google in the risk assessment.

Otherwise, seems good to me.