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GEOENGINEER.ORG DONOR’S FUND
PURPOSE
The purpose of this activity is to encourage the participation of geoengineers-donors in the decision making and the activities of Geoengineer.org. Donors of our Center participate in the decisions associated with the projects that are to be funded. Our goal is to build an active group of passionate geoengineers that will impact with their donations and decisions the practice, research and education of geoengineering globally.
Donors do not need to make large donations. Small annual donations of $20 are also welcome.
HOW IT WORKS
Procedure
- On an annual basis, and starting in 2008, donations received by Geoengineer.org are deposited in a “Donor’s Fund”. The total amount available in the Fund is used to financially support projects that will benefit the broader geoengineering community.
- In January of each year, Geoengineer.org will be releasing a “Call for Proposals”.
- Interested individuals (e.g. Faculty or practicing engineers) will submit a proposal outlining the scope, schedule and budget of the proposed task.
- The proposals will be reviewed by a 3-person “Donor’s Fund Review Board” which will select the top 5-10 proposals (depending on the quality of the proposals and the amount of funds available).
- The selected proposals are then presented to the Donors for a vote.
- Each donor has a number of votes that is directly related to the amount of donation. Donors may assign votes to the selected projects, based on their preference.
- Projects that accumulate the largest number of votes are approved.
An example
A donor receives 1 vote for each $. Thus, if one donor makes a donation of $200, she/he will have 200 votes. If a total amount of $10,000 is collected, the specific donor will control 200/10,000=2% of the total votes. Thus, the larger the donation amount, the more influence has the donor on the final decision regarding the total funds.
EXAMPLE OF PROJECTS THAT CAN BE FUNDED
The type of projects that can be funded by this fund is essentially limitless. Examples of projects are:
- Development of online courses;
- Development of resource web sites or databases;
- Small research projects;
- Development of educational/instructional or informative videos;
- Development of galleries;
- Other resources useful to the community;
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