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Octopus Foundation
How funds are used

Every dollar, governed

Before we ask anyone for support, we want the rules that bind our funds to be public. These rules come from our draft constitution and governance framework, and they are not optional.

The rules that bind our funds

  • Public benefit only

    All income and property must be applied solely to our charitable purposes — accessibility, education, inclusion and equitable participation. No distributions to members, ever.

  • No subsidy of commercial activity

    Restricted charitable funds must never subsidise the commercial work of any ecosystem company.

  • Arm's-length dealings

    Any payment involving an ecosystem company or related party requires approval by non-conflicted independent directors, a written public-benefit assessment and fair-value evidence.

  • Independent oversight

    The board — with an independent majority — approves budgets and material spending; an Audit, Risk & Finance committee reviews before the board decides.

  • Nothing ever flows out

    If the Foundation were ever wound up, surplus assets must go to a charity with similar purposes — never to members, founders or companies.

Where funds will go

Once giving opens, funds will support work like this — stated as intent, reported as fact once it happens:

  • The Auslan Accessibility Initiative — community participation, dataset and evaluation work led with Deaf and Auslan communities.
  • AI literacy and accessibility education for communities and social-impact organisations.
  • Community programmes, working groups and volunteer support.
  • The modest operating costs of running the Foundation itself, kept lean and reported.

Transparency

Once operating, we will report annually on what came in, where it went and what it achieved — in plain language, in both English and Chinese. If a report is late or a number is uncomfortable, we will publish it anyway.