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Re: [ga] ICANN loses $4.6 mil
- To: dannyyounger@xxxxxxxxx, ICANN Policy staff <policy-staff@xxxxxxxxx>, Peter Dengate Thrush <barrister@xxxxxxxxxxxxxxx>, "twomey@xxxxxxxxx" <twomey@xxxxxxxxx>
- Subject: Re: [ga] ICANN loses $4.6 mil
- From: "Jeffrey A. Williams" <jwkckid1@xxxxxxxxxxxxx>
- Date: Sun, 01 Feb 2009 17:50:58 -0800
Danny and all,
Nice catch! But as ICANN is a non-profit Calif. Corp., ICANN
is not supposed to make money, and in fact a little bit of loss vs
their expenses isn't all that unusual. However that said, a more
expansive explanation is in order so as to ensure to the public that
ICANN doesn't have too large of a operation budget and isn't
spending money foolishly or inappropriately, such as 5 star hotels
for it's staff and Bod at it's meetings, or other "Perks" for staff and/or
Bod members or excessive or unecessary travel costs.
Danny Younger wrote:
> On the ICANN Finance Public Dashboard a note hidden within the first
> drop-down arrow on the left indicates "The large variance to budget is due to
> investment losses of $4.6 mil".
>
> http://forms.icann.org//idashboard/public/
>
> One would think that a more expansive explanation would be in order.
>
>
Regards,
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P: i.e., whether B is less than PL."
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