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KUALI RICE PowerPoint Presentation

KUALI RICE

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KUALI RICE

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  1. KUALI RICE Proposal for a Sustainable Funding Model

  2. GOALS • Ensure a sustainable funding model for Rice • Identify funds to cover costs of project manager, lead architect, programmers, documentation, QA, and common recurring expenses (e.g., travel) • Ensure a a fair governance process that provides opportunity for participation at all levels with a voice in prioritization of the Rice road map. • Align governance and investment models • Formalize the resource contributions that Kuali Applications, Rice partners, and the Foundation provide to the Rice project.

  3. GUIDING PRINCIPLES • Kuali Rice Partners are critical to Rice’s success and funding. Partners have a 50% voice in the direction of Rice. • Kuali Application Projects are critical to Rice’s success and funding. Projects have a 50% voice in the direction of Rice. • The Kuali Foundation is the parent organization that sponsors all Kuali efforts. The Rice project looks to the Foundation for financial support as the membership collection agency.

  4. RICE PARTNERS • Resource contribution of at least one FTE/year with a minimum of two year commitment • AND cash contribution based on partner’s institutional revenue: • > $750M $35,000/year • $500M to $750M $25,000/year • $250M to $500M $15,000/year • < $250M $10,000/year • Partner receives one Rice Board vote, one ARC vote/FTE, and the ability to participate in ARC and TRC discussions • Rice partners must also pay Kuali Foundation membership dues • 50-50 ARC vote split between partners and applications

  5. KUALI APPLICATIONS • A resource contribution of at least one FTE/year with a minimum one year commitment • Application receives one ARC vote/FTE contribution, a seat on the Rice board, and the ability to participate in ARC and TRC discussions • Application projects may or may not make the said contribution, and therefore would not receive the voting rights • 50-50 ARC vote split between partners and applications

  6. KUALI FOUNDATION • Permanent cash contribution of at least $100,000/year • This support is in recognition that Rice is core to all Kuali applications and is critical to the success of the Foundation