[foundation-board] Omidyar Grant Agreement

[Tom Cobbold]

Hi - sounds alright to me Rufus, except I'm not sure I would say 'Operations person' given we have one of those already ?

KR,
Tom

p.s. Sorry all but I'm unlikely to be able to make this week's meet due to travel.

Tom Cobbold FCCA
07968 324935

> On 6 Oct 2014, at 11:18, Rufus Pollock <rufus.pollock at okfn.org> wrote:
> 
> @Jane / Laura (and anyone else): they have come back with a clarification:
> 
> "1. Can you explain the reasoning for changing the language? Are you now considering recruiting several senior people?"
> 
> For context I wrote to say:
> 
> <quote>
> 1. [Board] suggested a small modification in the conditions on item in Exhibit B #3 from:
> 
> " Grantee shall hire a recruiting firm to lead the senior executive search, to the satisfaction of the Grantor. Supporting documentation must be provided no later than 31 August 2015."
> 
> To be modified to:
> 
> "Grantee shall hire a recruiting firm to lead searches for required senior roles, with the pre-agreement of and to the satisfaction of the Grantor. Supporting documentation must be provided no later than 31 August 2015."
> </quote>
> 
> I suggest we write back and say:
> 
> "I believe that is correct in that the Board had thought that given that we will be reviewing the senior leadership it could be possible that we end up seeking to locate 2 roles rather than one (e.g. you might have a part-time finance director or an operations person as well as an ED) and if this still fitted within the allocated budget it would seem to sensible to do."
> 
> Any thoughts?
> 
> Rufus
> 
> 
> 
>> On 3 October 2014 15:20, Laura James <laura.james at okfn.org> wrote:
>> Jane's suggestion seems sound. 
>> 
>> As an aside, we have a requirement for "review of leadership roles" in the grant agreement - that might be something worth checking with Andrew, Rufus, if you haven't already, just to make sure we know what they are expecting there; it seems potentially to link with Jane's suggestion (in a positive way). 
>> 
>> Laura
>> 
>>> On 3 October 2014 15:15, Jane Silber <jane.silber at canonical.com> wrote:
>>>> On 03/10/14 15:05, Rufus Pollock wrote:
>>>> 
>>>>  
>>>>> On a new point, can you share the language around the $75K for executive search?  I'm asking because I                   believe we will spend less than that. I'd like to see if we can get access to the remaining funds for something else.  For example, it could be used to pay a search firm for a new Technical Director, or A Business Development Executive, or a Finance Director, or any other senior role that may be needed in the next year or so.  Or it could be used to facilitate further org development.  The language in the grant may allow for this already, or this may be a place in which we want to negotiate some additional language.
>>>> 
>>>> I'm pretty certain this 75k is earmarked for exec search and can't be used for anything else (though I note it is not clear if just one person). I can try and clarify further here.
>>> 
>>> The relevant language seems to be in Exhibit B, which says
>>> 
>>> " Grantee shall hire a recruiting firm to lead the senior executive search, to the satisfaction of the Grantor. Supporting documentation must be provided no later than 31 August 2015."
>>> 
>>> It would be great if we could modify that to read
>>> 
>>> " Grantee shall hire a recruiting firm to lead searches for required senior roles, with the pre-agreement of and to the satisfaction of the Grantor. Supporting documentation must be provided no later than 31 August 2015."
>>> 
>>> That would leave leeway to use recruiters for additional searches, still time limit it, and still let ON approve ahead of time.  Advantage to us is that it doesn't throw away unspent money.
>>> 
>>> Jane
>>> 
>>> 
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>> 
>> 
>> 
>> -- 
>> 
>> Dr Laura James
>> CEO  
>> 
>> skype: laura.james  |  @LaurieJ
>> 
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> 
> 
> 
> -- 
> Rufus Pollock
> Founder and President  |  skype: rufuspollock  |  @rufuspollock
> Open Knowledge - see how data can change the world
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> 
> The Open Knowledge Foundation is a not-for-profit organisation.  It is incorporated in England & Wales as a company limited by guarantee, with company number 05133759.  VAT Registration № GB 984404989. Registered office address: Open Knowledge Foundation, St John’s Innovation Centre, Cowley Road, Cambridge, CB4 0WS, UK.  
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