Re: IETF Endowment update

["John Levine" <[e-mail]>]

>Regarding the concern that John Klensin raised about Internet organizations that have too much money, I
>cannot imagine this endowmwnr being that successful.  However, if it were, I would argue for reduced
>meeting fees to encourage the broadest possible participation in face-to-face meetings.

The IETF gets about 1/3 of its income from meeting fees.  If, as seems
likely, we have more people coming electronically and fewer in person,
we're going to need to replace the revenue since to a first
approximation if we meet in person at all the costs are independent of
the number of people that show up.  So either there's a death spiral
of in-person meeting fees, we try to charge people who attend
remotely, or we find the money somewhere else.  I see this as the
obvious candidate for somewhere else.

R's,
John

PS: In case it's not obvious, this is my opinion, not that of any four
letter entities I might be on.  But I did give money very soon after
Russ did.