Loomio
January 8th, 2019 12:25

CoTech Fund

Animorph Co-op
Animorph Co-op Public Seen by 265

Establishing an internal money-time fund, a one-year pilot project.

Animorph Co-op

Animorph Co-op started a proposal January 8th, 2019 12:29

CoTech Fund - co-operatively powered by cash & time Closed 12:02pm - Friday 8 Feb 2019

To establish an internal money-time fund, a one-year pilot project.

**£1 a week or an hour of work each month per member. **You can contribute more money or/and work voluntarily.

Each co-op contributes on behalf of its members.

This proposal was endorsed at the CoTech Hack in Space4 last November.

Purpose of the Fund:
- network operating costs e.g. organising CoTech events,
- business development e.g. putting together a large, joint tender, skills map,
- outreach e.g. sending people to promote CoTech & co-ops in general,
- mutual support & learning e.g. funding training, consultancy,
- internal projects via CoBudget e.g. urgent non-profit initiative

Process:
CoTech will have its own bank account with Unity Trust Bank. To set it up we will use CoTech constitution drafted at Wortley Hall in November 2017 and ratified by a vote on Loomio on the 8th of February 2018 (https://wiki.coops.tech/wiki/CoTech_Constitution).

Each co-op will be contacted asking for their current number of members.

Co-ops will then be sent a link where they can determine how much would they like to pay into CoTech Fund (suggested amount as mentioned above: £1/week per member). If a co-op does not wish to participate financially they can contribute their time.

A ‘CoTech Running List’ stack within Deck app exists on CoTech Nextcloud (office.coops.tech) and every member of CoTech has access to it by clicking the icon in the top nav bar.
Deck app enables creating tasks, assigning them, marking them as completed etc.

At the end of the pilot year, each co-op will submit a summary of what exactly they did for CoTech and include the estimate of the time contributed. Simple collaborative spreadsheet will be available on CoTech Nextcloud with each co-op having their own tab.

At the end of the year, if co-ops have outstanding balance they are expected to transfer the amount to the CoTech bank account. However, over the pilot year of the Fund, participation will be voluntary.

The summary report will be published on community forum. The Governance and Membership team who put the proposal together, will evaluate whether CoBudget can be used in tandem with the Fund.

Members of Animorph, Go Free Range and Outlandish volunteered to become signatories of the bank account so the procedure of setting things up should go smoothly.

If you are interested in the history of this proposal, the approved draft is available on CoTech Nextcloud, can also be accessed directly: https://office.coops.tech/s/66P3qpGpoCCyNT6

Results
Agree - 9
Abstain - 2
Disagree - 0
Block - 0
11 people have voted (9%)
PollyRobbinsOutlandish

PollyRobbinsOutlandish January 8th, 2019 17:30

Thanks for getting this live @animorphcoop. I'm definitely up for a pilot. Clarifying question: how do we collectively decide which tasks from Deck will be done? If there's a task on there, can I just do it an expect to be paid for it? Can I also create a task myself, add it to Deck, do it, and then get paid for it?

Animorph Co-op

Animorph Co-op January 8th, 2019 17:38

Thanks Polly! At the hack we thought people could create the tasks themselves and then do them (or assign to someone else?) because there's a lot of important work that could be done within CoTech. The assumption that whatever is on Deck is worth doing would be tested. Whatever is done on Deck is archived and at the end of the year we will see what actually got done.
You do not get paid for this work, this is how you pay into the fund (e.g. if a member of a co-op has done 12 hours of work for CoTech their co-op wouldn't be expected to pay money into the bank account for them). This will be up to each co-op to evaluate during the year or at the end of the year. /Szczepan

Chris Croome (Webarchitects Co-operative)

Chris Croome (Webarchitects Co-operative) January 8th, 2019 19:32

Can we assume that number of workers for the £1 per week / one hour of work rule applies to full time employed equivalents rather than members? Because some co-ops like Webarchitects have non-worker members and some co-ops have workers who are not members and some co-ops have part-time members.

Animorph Co-op

Animorph Co-op January 9th, 2019 09:27

@chriscroome I see your point. The pilot is designed to run a simplified version of the process so can we assume all worker members (in whichever capacity their operate) should be included? We could leave it to the discretion of the co-ops to decide if they want to contribute for working non-members too.

Chris Croome (Webarchitects Co-operative)

Chris Croome (Webarchitects Co-operative) January 9th, 2019 11:17

What about part-time workers, for example I'm the only full time worker at Webarchitects, everybody else is part time, should they count the same as full time workers or should we add up all the workers hours to come up with a total for the full time equivalents and base the contribution on that?

Animorph Co-op

Animorph Co-op January 9th, 2019 13:54

@chriscroome I agree it makes sense, each co-op would need to determine it for themselves though. What do others think?

Aaron Hirtenstein (Agile Collective)

Aaron Hirtenstein (Agile Collective) January 15th, 2019 16:39

we are discussing internally but the vibe is good. One thing to note, in my own mind at least, that any pilot will take some time to get off the ground as it will take a good bit of time to generate a surplus that can be used to fund things. So I can see us working details out ahead of that...

Aaron Hirtenstein (Agile Collective)

Aaron Hirtenstein (Agile Collective) January 17th, 2019 10:31

I've started a proposal internally for us to vote on this which will end next Thurs...

Animorph Co-op

Animorph Co-op February 6th, 2019 15:15

Does not quite seem like we are getting a quorum here!

Aaron Hirtenstein (Agile Collective)

Aaron Hirtenstein (Agile Collective)
Agree
February 6th, 2019 15:28

Agile Collective is happy to be part of the pilot for this!

Aaron Hirtenstein (Agile Collective)

Aaron Hirtenstein (Agile Collective) February 6th, 2019 15:29

We are up for it!

John Atherton

John Atherton
Abstain
February 7th, 2019 11:11

AM

Abigail Murphy
Agree
February 7th, 2019 11:12

Outlandish is definitely go on this. One question is how this interacts or potential conflicts with the monies some co-ops are contributing to Solid Fund - should we be making some proposals against that fund? Should co-tech members pay in to both? All things that can be discussed and don't have an impact on Outlandish's vote for this proposal.

Doug Belshaw

Doug Belshaw
Agree
February 7th, 2019 11:42

We Are Open co-op are a little fuzzy about how exactly we pay (how often? what's the process?) but in general are definitely in favour of this initiative! We're in for the pilot year :)

AC

Autonomic Co-operative
Agree
February 7th, 2019 12:00

We can use the funds to started organising CoTech events in a more equitable way!

PollyRobbinsOutlandish

PollyRobbinsOutlandish
Agree
February 7th, 2019 13:27

Seems like a really good idea for a pilot. Outlandish happy to be a bank account signatory.

Chris Booth (Form & Function)

Chris Booth (Form & Function)
Agree
February 7th, 2019 14:18

Yes, this sounds good to us!

James Mead (Go Free Range)

James Mead (Go Free Range)
Agree
February 7th, 2019 14:25

All of us at Go Free Range support this proposal :thumbsup:

Sion Whellens (Principle Six/Calverts)

Sion Whellens (Principle Six/Calverts)
Agree
February 7th, 2019 14:40

Agreeing as Principle Six (1 member), suspect Calverts will sit it out for now

Animorph Co-op

Animorph Co-op February 8th, 2019 08:05

Big thanks to those who have voted! There are definitely elements that need clarifying but I believe it is part of the pilot.
It seems the easiest if we create a shared spreadsheet where each co-op could log their inputs, be it on weekly, monthly or even, since it's a voluntary pilot and people might decide to join during the year, annual basis. It would be great to start pinpointing details and setting up the account soon, but we could distill and agree on the process at the next gathering?

Animorph Co-op

Animorph Co-op
Agree
February 8th, 2019 08:05

We're in!

Graham

Graham
Abstain
February 8th, 2019 08:45

For now I'm going to abstain on this. I'm already contributing to SolidFund and I'm a paid up member of Platform 6. I'm not against the idea, and I'm happy to contribute some time to CoTech, but I'm not sufficiently clear on CoTech's game plan, which I think I need to be before making further commitment. Maybe the Sheffield discussion will help me.

Animorph Co-op

Animorph Co-op started a poll February 18th, 2019 14:30

CoTech call on setting up the Fund Closed 4:01pm - Sunday 3 Mar 2019

Would you like to take part in an online conversation about the fund at the beginning of March? What day would suit you best?

4 - Monday 4th
5 - Tuesday 5th
2 - Wednesday 6th
3 - Thursday 7th
5 - Friday 8th
Animorph Co-op

Animorph Co-op February 18th, 2019 14:31

Check out the poll, let's crack on with it!

Kayleigh Walsh Outlandish

Kayleigh Walsh Outlandish February 18th, 2019 14:40

Friday 8th
Tuesday 5th
Monday 4th

:D

NG(

Nick Greenhill (Co-op Web) February 18th, 2019 16:36

Friday 8th
Thursday 7th
Monday 4th
Aaron Hirtenstein (Agile Collective)

Aaron Hirtenstein (Agile Collective) February 19th, 2019 14:02

Tuesday 5th
Monday 4th
Aaron Hirtenstein (Agile Collective)

Aaron Hirtenstein (Agile Collective) February 19th, 2019 14:02

Friday 8th
Tuesday 5th
Monday 4th

Afternoons are preferable. I don't work Friday but if I'm around I can jump on a call... unless it's really sunny!

AM

Abigail Murphy February 20th, 2019 09:53

Thursday 7th
Tuesday 5th
Wednesday 6th
Chris Lowis (Go Free Range)

Chris Lowis (Go Free Range) February 25th, 2019 10:43

Chris Lowis (Go Free Range)

Chris Lowis (Go Free Range) February 25th, 2019 10:43

Monday 4th
Chris Lowis (Go Free Range)

Chris Lowis (Go Free Range) February 25th, 2019 10:44

Friday 8th
Thursday 7th
Wednesday 6th
Tuesday 5th
Monday 4th
Animorph Co-op

Animorph Co-op March 1st, 2019 14:21

Friday 8th
Tuesday 5th
Animorph Co-op

Animorph Co-op March 1st, 2019 14:22

Would it be OK to meet after lunch, let's say 2pm? The question is how do we decide whether it's Tuesday or Friday?

PollyRobbinsOutlandish

PollyRobbinsOutlandish March 1st, 2019 14:29

Yes. Either one is good for me. Shall we say Tuesday? The sooner the better!

Animorph Co-op

Animorph Co-op March 4th, 2019 09:08

Hope you had a great weekend!
Shall we do 2pm tomorrow then?
Will send out a link to Nextcloud Talk video chat room!

Animorph Co-op

Animorph Co-op March 5th, 2019 12:04

Everyone is invited to join the conversation today at 2pm: https://office.coops.tech/call/zebqxz3j

Aaron Hirtenstein (Agile Collective)

Aaron Hirtenstein (Agile Collective) March 5th, 2019 14:58

Nice call @szczepan , thanks for setting it up. My task was to set up a monthly cal to check in on progress on this venture. My suggestion is the last Friday of every month, which would mean one call before the Spring Gathering on 29th March. The gathering is on the last Friday of April so the second would be 31st May.

Would that work for everyone / enough people (who is part of the pilot)? If so, am or pm?

Animorph Co-op

Animorph Co-op March 5th, 2019 15:52

I'm in for pm!

PollyRobbinsOutlandish

PollyRobbinsOutlandish March 5th, 2019 18:22

Yeah pm works for me best too!

Aaron Hirtenstein (Agile Collective)

Aaron Hirtenstein (Agile Collective) March 12th, 2019 15:38

Hi folks, I have managed to arrange our visioning day thing for 29th march! Starting from the afternoon so that is now out for me. Any chance we can do the morning?