Watch the recording:
Open to Observers Session
14:00 UTC | 9:00 EST 1. Welcome and Declaration of Conflicts – Ted Hardie
14:05 UTC | 9:05 EST 2. Foundation Update – Chris Locke
14:50 UTC | 9:50 EST Break
15:05 UTC | 10:05 EST 3. Presentation of the 2026 Action Plan – Chris Locke
Closed Executive Session
16:05 UTC | 11:05 EST 4. CFO’s Report: Q3 Financial Update – Sae Park
16:15 UTC | 11:15 EST 5. Presentation of the 2026 Budget – Sae Park
16:35 UTC | 11:35 EST 6. Finance Committee Report – Victor Kuarsingh
Open to Observers Session
16:45 UTC | 11:45 EST 7. Approval of the Action Plan, Budget, and Board Designated Funds – Ted Hardie
Resolution F2025-X: Approve the 2026 Action Plan and Budget
RESOLVED, that the Internet Society Foundation Board of Trustees approves the 2026 Action Plan and Budget as presented.
Resolution F2025-X: Approve Board Designated Funds for Internet Society Foundation Programs
RESOLVED, that the Internet Society Foundation Board of Trustees hereby approves designating a total of $18,500,000, using the remaining balances in its reserves, for Philanthropic programs’ 2026 awards as outlined below:
- $9,850,000 to fund its Philanthropic programs in SCILLS, Research, Beyond the Net, Chapters, IGFs, Connectivity and Safer Internet;
- $1,050,000 to fund the Opportunities fund; and
- $7,600,000 to fund IETF Administration LLC.
16:50 UTC | 11:50 EST 8. Approval of Amendments to the Investment Policy – Victor Kuarsingh
Resolution F2025-X: Approve the Amended Internet Society Foundation Investment Policy
WHEREAS, via Resolution F2023-9, the Board of Trustees approved the amended Internet Society Foundation Investment Policy;
WHEREAS, the Finance Committee is responsible for reviewing and recommending any changes to the Investment Policy to ensure it remains aligned with current market conditions, legal requirements, and the Internet Society Foundation’s objectives;
WHEREAS, the Finance Committee has reviewed and recommended proposed revisions by the investment managers;
RESOLVED, that the Internet Society Foundation Board of Trustees approves the amended Internet Society Foundation Investment Policy as presented.
16:55 UTC | 11:55 EST 9. Approval of Various Foundation Governing Documents – Sally Wentworth
a. Extraordinary Grant Investment Request Policy
Resolution F2025-X: Approve Amendments to the Extraordinary Grant Investment Request Policy
WHEREAS, via Resolution F2021-16, the Internet Society Foundation Board of Trustees adopted an Extraordinary Grant Investment Request Policy outlining and authorizing specific actions the Executive Director could take;
WHEREAS, due to the recent restructuring of the Executive Director role, policy details have been updated;
RESOLVED, that the Internet Society Foundation Board of Trustees hereby adopts the amendments to the Extraordinary Grant Investment Request Policy as presented.
b. Signature Authority and Delegation of Authority Policy
Resolution F2025-X: Approve Amendments to the Signature Authority and Delegation of Authority Policy
WHEREAS, via Resolution F2022-17, the Internet Society Foundation Board of Trustees adopted a Signature Authority and Delegation of Authority Policy outlining and authorizing specific actions the Executive Director could take;
WHEREAS, due to the recent restructuring of the Executive Director role, policy details have been updated;
RESOLVED, that the Internet Society Foundation Board of Trustees hereby adopts the amendments to the Signature Authority and Delegation of Authority Policy as presented.
c. Foundation Compensation Committee Charter
Resolution F2025-X: Approve Amendments to the Compensation Committee Charter
WHEREAS, the Compensation Committee Charter outlines specific oversight responsibilities in regard to the Executive Director role;
WHEREAS, due to the recent restructuring of the Executive Director role, oversight responsibilities have changed;
RESOLVED, that the Internet Society Foundation Board of Trustees hereby adopts the amendments to the Compensation Committee Charter as presented.
17:00 UTC | 12:00 EST 10. Approval of Board Meeting F33 Minutes (7 September 2025) – Ted Hardie
Resolution F2025-X: Approve the Minutes of the 33rd Internet Society Foundation Board Meeting
WHEREAS, the Internet Society Foundation Board of Trustees has reviewed the minutes of the 33rd board meeting as presented;
RESOLVED, that the minutes of the 33rd meeting of the Internet Society Foundation Board of Trustees are approved.
17:05 UTC | 12:05 EST 11. Adjournment – Ted Hardie
*Please refer to the ISOC Board Meeting 191 agenda for the remainder of the day.