The Internet Society Foundation Board of Trustees has passed the following resolutions at their meetings:

RESOLUTION F2018-01: Select Foundation officers
RESOLVED, that the following individuals are appointed to the offices of the Foundation, to serve until the next Annual General Meeting of the Internet Society:

  • Chair –Gonzalo Camarillo
  • President and CEO –Kathryn Brown
  • Treasurer –Sean Turner
  • Secretary –John Levine

RESOLUTION F2018-02: Foundation budget and staffing
RESOLVED, that the budget and staffing proposal for the remainder of2018 in the form presented to the meeting are hereby approved.

RESOLUTION F2018-03: Approve the minutes of the first Foundation Board meeting
RESOLVED, that the minutes of the first meeting of the Board of Trustees, held in Panama City on July 1, 2018 are approved.

RESOLUTION F2018-04: Elect Andrew Sullivan as President and CEO
Andrew Sullivan was elected President and CEO of the Foundation by secret ballot. The tally was 12 for Andrew, no abstentions

RESOLUTION F2018-05: Approve the 2019 Foundation Budget
RESOLVED, that the Internet Society Foundation Board approves the 2019 Foundation Budget as presented.

RESOLUTION F2018-06: Approve contribution to the IETF LLC Operating Reserve
WHEREAS the Internet Society and IETF Administration LLC (“IETF”) are parties to the Limited Liability Company Agreement of IETF Administration LLC dated as of August 27, 2018 (the “Agreement”); and
WHEREAS Exhibit B of the Agreement further provides that the Internet Society would contribute to the IETF an amount of money intended to serve as an operational reserve equal to IETF’s budgeted Net Loss for 2019 (as such term is defined in the Agreement) multiplied times three (the “Operational Reserve Contribution”); and
WHEREAS the IETF has recently approved its budget for 2019; and
WHEREAS based on such budget and the terms of Exhibit B of the Agreement, the amount of the Operational Reserve Contribution is computed to be $13.65 million; and
WHEREAS the Internet Society Foundation will fund $3.25 million of the Operating Reserve Contribution with the Internet Society funding the remaining balance,
RESOLVED, that the Internet Society Foundation’s contribution of the Operational Reserve Contribution is hereby approved, and
FURTHER RESOLVED, that the Internet Society’s obligation to fund the Operational Reserve Contribution is subject to the prior approval by the Internet Society’s Chief Financial Officer, or such person’s delegate, of an investment policy for the IETF.

RESOLUTION F2018-07: Approve contribution to the IETF LLC 2020 Operational Budget
WHEREAS the Internet Society and IETF Administration LLC (“IETF”) are parties to the Limited Liability Company Agreement of IETF Administration LLC dated as of August 27, 2018 (the “Agreement”); and
WHEREAS Exhibit B of the Agreement provides that the Internet Society would contribute $5,000,000 to the IETF to fund its annual operating expenses for the 2020 budget year (the “Operating Expense Contribution”), such contribution to be delivered prior to December31, 2019; and
WHEREAS the Internet Society Foundation will be contributing $5,000,000 of the Operating Expense Contribution on behalf of the Internet Society;
RESOLVED, that the Internet Society Foundation’s contribution of the Operating Expense Contribution to IETF is hereby approved.

RESOLUTION F2018-08: Approve contribution to the IETF LLC 2019 Operational Budget
WHEREAS the Internet Society and IETF Administration LLC (“IETF”) are parties to the Limited Liability Company Agreement of IETF Administration LLC dated as of August 27, 2018 (the “Agreement”); and
WHEREAS Exhibit B of the Agreement provides that the Internet Society would contribute $5,000,000 to the IETF to fund its annual operating expenses for the 2019 budget year(the “Operating Expense Contribution”), such contribution to be delivered prior to December31, 2018; and
WHEREAS the Internet Society Foundation will be contributing $5,000,000 of the Operating Expense Contribution on behalf of the Internet Society;
RESOLVED, that the Internet Society Foundation’s contribution of the Operating Expense Contribution to IETF is hereby approved.