Mozilla Foundation spending in 2006 seems low, especially the $80,000 in grants. Can you say more?
We planned 2006 spending on a conservative basis to make sure the Foundation remained sustainable amid the growth and change of becoming a much larger project. This meant we planned to spend income but not the basic principal of the Foundation in 2006 and perhaps 2007, until we have a good plan for the appropriate programs to put in place, and the people make good programs happen. It turned out that our investment income was greater than budgeted in 2006 as well. The total spent on grants and grant-related expenditures was approximately $285,000 in 2006. “Grants” has a very precise meaning in the tax and accounting world, and this is narrower than the funding programs we have in place. So our forms show $80,000 in pure “grants”, comprised of assistance to the Mozdev Community Organization (mozdev.org) and to Seneca College. We also funded travel for a number of primarily non-employee Mozilla contributors to meet and work face-to-face; this shows up in a line item marked as “travel” and
