From de6ffd2a6397ebc38610084c740327f067038a98 Mon Sep 17 00:00:00 2001 From: "Matthew Green (@gguy)" Date: Wed, 15 Nov 2023 14:47:47 +1000 Subject: [PATCH] Amend ZIP1014 to allow ZCG member compensation from ZCG funds --- zip-1014.html | 1 + zip-1014.rst | 10 ++++++++++ 2 files changed, 11 insertions(+) diff --git a/zip-1014.html b/zip-1014.html index bd2dcbf1..f6c8b040 100644 --- a/zip-1014.html +++ b/zip-1014.html @@ -103,6 +103,7 @@ Pull-Request: <https://githu

The Major Grant Review Committee's decisions relating to the allocation and disbursement of funds from the Discretionary Budget will be final, requiring no approval from the ZF Board, but are subject to veto if the Foundation judges them to violate U.S. law or the ZF's reporting requirements and other (current or future) obligations under U.S. IRS 501(c)(3).

+
  • A portion of the Discretionary Budget MAY be allocated to provide reasonable compensation to members of the ZCG Committee. Committee member compensation SHALL be limited to the hours needed to successfully perform their positions and MUST align with the scope and responsibilities of their roles. The allocation and distribution of compensation to committee members SHALL be administered by the ZF. The committee members will receive compensation at a rate of $130 per hour, for a total of 15 hours each month, amounting to a monthly sum of $1950. Changes to the hours or rate SHALL be determined by the ZF’s Community Advisory Panel or successor process.

    • ZF SHALL recognize the MG slice of the Dev Fund as a Restricted Fund donation under the above constraints (suitably formalized), and keep separate accounting of its balance and usage under its Transparency and Accountability obligations defined below.

    ZF SHALL strive to define target metrics and key performance indicators, and the Major Grant Review Committee SHOULD utilize these in its funding decisions.

    diff --git a/zip-1014.rst b/zip-1014.rst index 8b668482..deae9d25 100644 --- a/zip-1014.rst +++ b/zip-1014.rst @@ -287,6 +287,16 @@ Grants, but subject to the following additional constraints: judges them to violate U.S. law or the ZF's reporting requirements and other (current or future) obligations under U.S. IRS 501(c)(3). +9. A portion of the Discretionary Budget MAY be allocated to provide reasonable + compensation to members of the ZCG Committee. Committee member compensation + SHALL be limited to the hours needed to successfully perform their positions + and MUST align with the scope and responsibilities of their roles. The + allocation and distribution of compensation to committee members SHALL be + administered by the ZF. The committee members will receive compensation at a + rate of $130 per hour, for a total of 15 hours each month, amounting to a + monthly sum of $1950. Changes to the hours or rate SHALL be determined by + the ZF’s Community Advisory Panel or successor process. + ZF SHALL recognize the MG slice of the Dev Fund as a Restricted Fund donation under the above constraints (suitably formalized), and keep separate accounting of its balance and usage under its `Transparency and Accountability`_