From Anup Nayak on April 7, 2008 at 5:04 pm.  

Sapan,

Good work putting this together. My view is that:
1) There should be no central fund.
2) Events should be managed to break even and cover couple of regular expenses like website hosting.
3) Tiny surpluses that we generate from each event are not worth spending all the energy in developing and enforcing guidelines on how to spend.
4) If surpluses are substantial (say more than 10 percent, consider returning them to the contributors/participants to the event, after the event
5) All major non-event expenses should be financed through their own independent fund raising, not from some central fund.

-Anup