# IOI Transition Committee Meetings
Last updated: December 30, 2025
URL for this page: https://hackmd.io/@investinopen/rJaosuCYR
URL for this site: https://hackmd.io/@investinopen/how-we-work
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# Committee Meetings
## 2025-03-10
**Date:** March 10, 2025 / 16.00 - 17.00 UTC
**FY:** Q3 FY25
**Location:** Online
**Next meeting:** To be scheduled
**Minutes:**
* 16.05: Meeting start
* 16.06 - 16.09: **Minutes review and approval**
* Discussion and next steps
* Action: approval after meeting
* 16.09 - 16.14: **Recent updates**
* CS&S updates - ED overview
* Operations updates
* No additions from Director of Finance & Operations
* 16.14 - 16.44: **Transition check-in & reassessment**
* Timeline updates
* ED overview of latest meeting with lawyers
* Re-assessing strategy & opportunities - ED overview
* Discussion
* Explore non-US org models
* Timeline for spinning
* Question: When do we have to make a final decision?
* Note: Committee did not come to a decision
* 16:44 - 16.46: **Wrap up / next steps**
* Review of action items
* Refine November minutes, share with Committee via email for approval
* 16.46: Meeting end
**In attendance:**
* **Participants:** Kaitlin Thaney, Emmy Tsang, Amy Buckland, Robert Karanja, Eunice Mercado-Lara, Amy Sample Ward
* **Regrets:** Joe Deville
## 2024-11-18
**Date:** November 18, 2024 - 16.00-17.00 UTC
**Location:** Online
**Agenda:**
* Check-ins
* Minutes review and approval
* Recent updates
* CS&S updates
* Operations updates
* Greg Bossen call recap
* Transition timing & decision points (discussion)
* July 1 (2025) vs Jan 1 (2026)
* Wrap up / next steps
**Notes:**
* Minutes approved
* Recent updates
* CS&S updates
* CS&S has filled several core positions is reported to be more responsive and functioning more smoothly
* IOI is exploring different modalities of delivering strategic support, including opportunities for potential portfolio-level support
* Operational updates
* Calls with potential vendors ongoing
* Transition timing & decision points (discussion)
* Key consideration: management of existing grants
* IOI developed tooling to model transition costs and ongoing ops expenses post-spin-out
* Potential impact of external factor on funding is being monitored
* Next steps
* G&N committee meeting this Friday to revisit Transition Committee meeting frequency
* Feedback: Re-evaluate the frequency of transition committee meetings
**Participants:**
* Kaitlin Thaney, Emmy Tsang, Amy Buckland, Joe Deville, Eunice Mercado-Lara
**Regrets:**
* Amy Sample Ward, Robert Karanja
## 2024-10-21
**Date:** October 21, 2024 / 16.00 - 17.00 UTC
**Location:** Online
**Agenda:**
* 16.00 - 16.05 Check-ins
* 16.05 - 16.15 Minutes review and approval
* 16.15 - 16.35 Recent updates
* CS&S updates
* Operations due diligence & near term priorities
* 16.35 - 16.55 Transition timing & decision points (discussion)
* 16.55 - 17.00 Wrap up / next steps
**Notes:**
* Minutes approved
* CS&S updates
* IOI as an fsp
* Strategic support proposal
* Operations
* Gathering information on vendors and support services for transition
* NTEN
* CS&S
* What came through clearly:
* Registration for fundraising activities in US states
* Services
* CS&S - advise having a suitable CFO
* Org that’s had experience with spin outs
* Design of chart of accounts - ahead of spin
* Auditor
* Services internally vs outsourced
* Q2 priorities:
* Continue conversations with those who’ve spun out orgs
* Discussion with auditor / advisor
* Fractional CFO suggestions
**Feedback:**
* IOI use case for CS&S spin out
* Consultant to help examine spin out readiness
**Participants:**
Kaitlin Thaney; Emmy Tsang; Amy Buckland; Joe Deville; Eunice Mercado-Lara
**Regrets:**
Amy Sample Ward; Robert Karanja
## 2024-08-19
**Date:** August 19, 2024 / 16.00 - 17.00 UTC
**Location:** Online
**Agenda**
* 16.00 - 16.05 Check-ins
* 16.05 - 16.15 Minutes review and approval
* 16.15 - 16.45 Updates
* Filing in
* Filed resources
* For review - forms & documents needed
* 16.45 - 16.55 Next steps
* Roadmap for operational build out
* Bank account
* Financial policies book
* Bookkeeping / fractional CFO
* 16.55 - 17.00 Wrap up / next steps
**Notes**
* Form 1023
* Regranting language for the IOI Fund
* Program descriptions in Form 1023
* Schedule IOI Operations meeting with NTEN
**Participants**
Kaitlin Thaney; Eunice Mercado-Lara; Joe Deville; Amy Buckland, Amy Sample Ward
**Regrets**
Robert Karanja
## 2024-07-22
**Date:** July 22, 2024 / 15.00 - 16.00 UTC
**Location:** Online
**Agenda**
* 15.00 - 15.05 Check-ins
* 15.05 - 15.30 Recent Updates
* CS&S
* Filing
* Resources
* Comms
* Spin / Strategic plan
* 15.30 - 15.55 Next steps
* Form 1023
* Bank account
* Financial policies book
* Hiring/staff needs
* 15.55 - 16.00 Wrap up
**Notes**
* Action: Financial policies book for reference
* Scheduling next meetings: monthly
* CS&S updates
* Staff departures
* Urgency or timeline
* Meeting for Form 1023
* Reflection on lawyers
* Recommendation: finish filing and explore other counsel
**Participants**
Kaitlin Thaney, Amy Sample Ward, Eunice Mercado-Lara, Joe Deville, Amy Buckland
**Regrets**
Robert Karanja
## 2024-06-10 Meeting
**Date:** June 10, 2024 15.00 - 16.00 UTC
**Location:** Online
**Agenda**
* 15.00 - 15.05 Check-ins
* 15.05 - 15.40 Recent updates
* FSP
* Legal
* Needs
* Timeline
* Comms
* In place
* Spin / strategic plan
* Additional resources
* 15.40 - 15.55 Risk mitigation
* Transitioning accounts
* Bookkeeping / fractional CFO options
* 15.55 - 16.00 Wrap up / next steps
**Notes**
* Current work updates
* Legal resources
* Timetable
* Addresses options
* Accounts
* Backups
**Participants**
Kaitlin Thaney, Amy Sample Ward, Joe Deville, Amy Buckland
**Regrets**
Robert Karanja, Eunice Mercado-Lara
## 2024-05-13 Meeting
**Date:** May 13, 2024 / 16.00 - 17.00 UTC
**Location:** Online
**Agenda**
* 16.00 - 16.05 Check-ins
* 16.05 - 16.30 Review of draft charter & responsibilities
* 16.30 - 16.50 Nonprofit attorney review & selection
* Initial call summary notes
* 16.50 - 17.00 Next steps for the Committee
**Notes**
* Draft charter review
* Reviewing and selecting potential auditors
* Self select to conduct an audit
* Operations grant
* Additional info
* Establishing an address
* Registered agent options & evaluation
* Attorneys call review
* Transferring fund - public support
* Financials vs filing
* Value: opinion / back up option
* Voting - unanimous
* Next steps:
* Follow up attorney recommendations, solidify work
* Work on FY25 budget, share with committee
* Create next steps / documents
**Participants**
Kaitlin Thaney, Robert Karanja, Eunice Mercado Lara, Amy Buckland, Joe Deville, Amy Sample Ward
**Regrets:** NA
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### See also
* [Charter of the Transition Committee meetings](https://hackmd.io/@investinopen/CharterTransitionCommittee)
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