I wanted to give an update on finance management of Pycon India 2018.
We were torn between forming a new organization vs using an existing
organization for finance management. After a lot of thought and
deliberation with different people within the community, we have chosen to
form a new organization to manage finance for current Pycon & future as
As part of creating the new organization, we have taken over "Section 8
non-profit Company" - "Association For Promotion Of Free Open Source
Technologies" AFROST. This company doesn't have any liability or any
transactions and the members were happy to transfer it. Decision to take
over this entity was primarily based on time constraint b\c opening new
entity would take some time.
To know more about Section 8 Company -
For this new entity, we are nominating 5 new interim Directors given below.
We are forming working committee for formulating the direction & charter of
this new organization. This committee will propose it's delibration &
outcome to the community at the end of Pycon India conference and will be
dissolved after the conference. Members of the committee are below.
All Interim Directors
Akshay Aradhya [Delhi]
Yet to Confirm [Bangalore]
Responsibility of Interim Directors:
Manage funds of Pycon India 2018.
Present the recommendation by “Working Committee” in AGM. AGM will be
conducted at the end of Pycon conference day.
Implement the final resolution passed at AGM.
Conduct election for new directors.
Responsibility of Working committee:
Update the existing “Memorandum of Association (MOA)”, “Articles of
Association (AOA)” and come up with new name.
Come up with Bylaws & Rules for adding members & term for Directors, and
Come up with rules/process for Director election.
I believe this new organization is the step in right direction for Python
community in India. This organization should be based on trust, commitment,
mutual respect for people & be social responsible.
Note: Member of interim director & working committee are chosen on two
factors. One based on representation from different communities and another
based on experience in creating & managing organizations.