Dear Foundation members,
Thanks for all the discussions we had at the conference, like we all observed, that the role of the foundation is not really clear. We have $45,000 in the foundation account, here is what I am proposing:
We spend $30k on grants to projects (between $1k to $5k) that anyone in the community can propose. The foundation, will have a committee to review and approve all proposals and give grants.
We spend $15k on travel for core developer to events/code sprints. This is open to any local chapter and they can apply to the foundation for funds (upto $2k per chapter).
Let me know your thoughts, I think this would be the best use of the funds and will also promote the goals of the foundation.
Note: This goes against my earlier proposal of hiring developers under the foundation, as at this point, it would be too much for anyone in Frappe Tech to take voluntary leadership of these developers.