But the problem is once Ethos takes its slice and PIR takes its share for admin, etc, how much will be left for ISOC? ISOC will no longer be in the picture. PIR was effectively owned by ISOC and will be sold to Ethos. Presumably the selling price will create the "endowment" that Andrew mentions in the announcement. With a new owner, it is anyone's guess whether the prior commitment of reasonableness will be upheld. I'm afraid I don't see the connection to Auction funds. Re Fadi: Yes, https://domainnamewire.com/tag/ethos-capital/ makes interesting reading. Alan At 13/11/2019 03:46 PM, Maureen Hilyard wrote: Just read the articles, and I suspect that ISOC has decided to give the business responsibility of .ORG away to Ethos Capital so that they can concentrate on their chapters and their core business. Also it must have seemed to be growing conflict of interest trying to be fair to all etc when it came to funding projects etc. An outside organisation / foundation could be more objective At our last PIR Advisory Council meeting, PIR assured us that prices would be kept to a "reasonable" level despite the removal of the cap and that the company would maintain .ORG in support of organisations working for social good. The link to Fadi Chehade is interesting as well as the registration of the Ethos company on the day the PIR agreement was finalised. But the problem is once Ethos takes its slice and PIR takes its share for admin, etc, how much will be left for ISOC? It does however for those of us still embroiled in the ICANN auction proceeds dilemma, this could add another mechanism to the mix, with Ethos Capital as an external organisation that could work with ICANN and a non-ICANN Org Management Body to manage its projects and the distribution of its funding. M On Wed, Nov 13, 2019 at 9:52 AM Maureen Hilyard < maureen.hilyard@gmail.com<mailto:maureen.hilyard@gmail.com>> wrote: I know for sure that this was not even hinted at during the last PIR Advisory Council meeting.. but it will have major implications for the ISOC chapters. What are they/ISOC thinking? Maureen On Wed, Nov 13, 2019 at 7:59 AM Marita Moll <mmoll@ca.inter.net<mailto:mmoll@ca.inter.net>> wrote: Had we known this was lurking in the background -- which it most certainly was at the time -- it might have been a different discussion. How much did ISOC know and when did they know it -- a question ISOC chapters might want to ask. Marita -------- Forwarded Message -------- Subject: ISOC sells PIR Date: Wed, 13 Nov 2019 17:38:29 +0000 From: Stephanie Perrin <stephanie.perrin@MAIL.UTORONTO.CA><mailto:stephanie.perrin@MAIL.UTORONTO.CA> Reply-To: Stephanie Perrin <stephanie.perrin@MAIL.UTORONTO.CA><mailto:stephanie.perrin@MAIL.UTORONTO.CA> To: NCSG-DISCUSS@LISTSERV.SYR.EDU<mailto:NCSG-DISCUSS@LISTSERV.SYR.EDU> I must say, this casts the decision to drop price caps for .org in a slightly different light. I will keep you posted as I learn more. https://www.businesswire.com/news/home/20191113005661/en/Ethos-Capital-Acqui... Stephanie Perrin NCSG Chair _______________________________________________ CPWG mailing list CPWG@icann.org<mailto:CPWG@icann.org> https://mm.icann.org/mailman/listinfo/cpwg _______________________________________________ By submitting your personal data, you consent to the processing of your personal data for purposes of subscribing to this mailing list accordance with the ICANN Privacy Policy ( https://www.icann.org/privacy/policy) and the website Terms of Service ( https://www.icann.org/privacy/tos). 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