Mandate

In brief, the IBG decides how to allocate unrestricted funds to strategic projects and also restricted funds as appropriate. Here is the IBG's mandate.

Unrestricted funds are those acquired by Fundraising through a fundraiser website where donations may be used for any reasonable XR UK purpose. If a donor makes a 1 off donation for a specific part or process within XR then it is restricted. If the specified purpose is already being funded by unrestricted funds, then the IBG with approval from Finance can reallocate funds already there to make room forincrease the newamount donation,available thusfrom freeingunrestricted more funding for elsewhere.funds,

Advice from SOS is that the IBG's mandate could be presented better with clearer sections on Purpose, Accountabilities and Domains. This work is in progress and will include reviewing the mandates of the Finance and Fundraising circles.