On 18 Aug 2021, at 1:54 PM, Sander Steffann <san...@steffann.nl> wrote: > > Hi John,
Hi Sander! :-) >> These are quite reasonable questions for anyone donating funds to any >> cause to ask. [...] I find it quite encouraging that so many >> organizations have already pondered these questions, and (in >> recognition of the key role AFRINIC plays in the development and >> growth of Internet in Africa) that have come together in a fund- >> raising exercise to help keep AFRINIC running – may they find many of >> similar mind and kindred spirit from around the globe. > > I applaud that people are thinking about the staff of AFRINIC not being > paid and raising funds to keep them going. The thing that confuses me > is how the logistics work with that. I wonder how the money that is > donated on TESPOK's bank account in Kenya will end up in the bank > accounts of AFRINIC staff in Mauritius while AFRINIC (who I presume > must handle the payments to the staff, tax payments and such things) > has its bank accounts frozen. Is it as easy as TESPOK paying the staff > and taxes directly without going through AFRINIC's bank accounts? “As easy as” may understate it somewhat, but yes, I believe that is the case. (I will note that this is similar to the process which would have to occur for delivering support from the Joint RIR Stability Fund - if such gets requested at some point.) > I think it would be good to know how the donated funds will be handled > and how they will make life for AFRINIC staff better. From the online FAQ at the donation website <https://www.tespok.co.ke/?page_id=14001 <https://www.tespok.co.ke/?page_id=14001>> - >> Why is AFRINIC not doing this themselves? >> AFRINIC has no access to funding that it may receive directly. Although you >> may make deposits into the AFRINIC’s banking accounts (as some new members >> are doing) AFRINIC can not draw on those resources because of the current >> status quo. As a result Af-IX and partners are taking it upon ourselves to >> front-end the funding experience for AFRINIC. >> >> How will the funds be disbursed? >> TESPOK will reach out to AFRINIC to request for details of pending payments, >> to which AFRINIC will submit funding request to us for all expenses which >> they deem critical.The request shall be made via e-mail and shall include >> the following details: >> >> i. Email with the subject: Request for Payment to the TESPOK finance email >> ii. Attachment of invoice clearly stating Payee name with clear contact >> information: physical address; postal address; payee telephone number >> iii. Bank account details: Bank Name, Branch, Account Number, IBAN Number, >> Intermediary Bank if required, SWIFT code, Sort Code, Routing Number >> (depending on jurisdiction receiving requirements) >> iv. Copies of all transactions incoming and outgoing will be accessible via >> a report on the fundraising site. >> How will you ensure appropriate auditing is in place? >> >> i. Maintenance of proper books of accounts with records of all transactions >> incoming and outgoing >> ii. Internal audit checks and controls will be established >> Best wishes, /John John Curran President and CEO American Registry for Internet Numbers
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