Budget Process

Expending Funds

IdCommons is intentionally a light-weight organization. It has been designed without permanent staff so that it will spend its funds where they are needed most, without creating self perpetuating bureaucracies. The Internet Identity space is in a period of formation and undergoing rapid change. What is needed from IdCommons now is different from what will be needed in the future. We want to keep IdCommons light and agile.

That being said, there are things to be done and these take funding. Therefore we propose that funding be done on a project basis.

The current by laws state that the Stewards must approve the allocation of funds. Therefore we should propose a budget. Once the budget is funded and approved, then it can be implemented. Funds approved under the scope of the budget can be spend without holding a vote for each check.

We plan to propose an initial mimimal budget based on current available funds. We also plan to propose mid level and a high level budgets that could not be inplemented withoug the raising of further funds. IdCommons has done an admirable job on a shoe string. In order for it to have the visibility it needs to be effective, it needs to raise more funds.

Receiving Funds