[amsat-bb] ORI receives half million dollar grant, and, it's only the first.
karn at ka9q.net
Sun Oct 11 12:06:04 UTC 2020
On 10/10/20 06:47, Paul Stoetzer via AMSAT-BB wrote:
> AMSAT would have been pleased to send a representative to this meeting.
> Unfortunately, AMSAT's Senior Officers were not aware or informed that this
> meeting was taking place.
This was just the first of what we expect will be an ongoing series of
meetings, so we didn't advertise it very widely. Our initial notice went
to the "net 44" (TCP/IP over amateur radio) group that gave rise to
ARDC. Much of the meeting reviewed the results of a survey that also
initially targeted the net 44 group, and based on the responses and
comments we will update our surveys and solicit responses and comments
from a much wider audience.
But I can summarize some of the salient points we made yesterday.
The NDA with Amazon that covered the sale of our surplus IP addresses
required us to keep the exact dollar amounts private until we were
legally required to disclose them in our annual tax filings, audit and
financial reports. These have just been made public and are available
online through the California Attorney General's website (since ARDC is
incorporated in California). You can also get some background
information through our (independently written) Wikipedia article.
The bottom line is that the sale netted us about US $108M, and we expect
to grant at least US $5 million *per year* on an ongoing basis,
depending on how our investments perform, to a wide variety of Internet
and amateur radio digital communication projects. To date we have made
about $2.5 million in grants, so we're only getting started.
73, Phil, KA9Q
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