[Imc-finance] Ford Foundation and confidence-unity issues

dan handyman at california.com
Sun Sep 15 23:24:02 2002


Hi all,

Personal opinion only.

For UC-IMC to be at once the fiscal sponsor (for a percentage) and then to seek out and
engage in sponsoring projects related to IMC, presuambly taking percentage each time,
without communicating with global IMC seems to put them very close to violation of IMC
guidelines re not-for-profit.

Autonomous projects are one thing.  A IMC that makes money from these projects may even
be OK.  that it happens in the dark is not OK.

Everything UCIMC is involved in should be on this list and subject to global discussion.

SF-IMC has this in discussion.

Dan