Proposal Kickoff: November 1st, 2020
Budget Amount: 10,000,000 SC per month, from block subsidy
Stockpile Cap: 50,000,000 SC
Timeline: Active until Jan. 2022
This is a proposal to create a budget category specific to the foundation core. This will cover expenses like advisor salaries, ongoing incorporation fees, internal meetings and software, etc. Any expense related to foundation operations that does not obviously fit into another category yet is clearly necessary for the foundation to be healthy and productive would fit into this category.
Unlike the other categories, most spending out of this category is not intended to be proposal based. The foundation can draw from this category at-will, and with little to no notification of the community in advance. The foundation must still be transparent about the spending after the fact, but ultimately this category is intended to set up an amount of discretionary spending for the foundation so that it can be efficient and spend small amounts of money quickly.