Skip to main content
  • IETF 116 Yokohama registration now open

    Registration is now open for IETF 116 Yokohama

    • Jay DaleyIETF Executive Director
    24 Nov 2022
  • IETF 115 post-meeting survey

    IETF 115 London was held 5-11 November 2022

    • Jay DaleyIETF Executive Director
    22 Nov 2022
  • Catching up on IETF 115

    Recordings are now available for sessions held during the IETF 115 meeting and the IETF Hackathon, where more than 1500 participants gathered in London and online 5-11 November 2022.

      13 Nov 2022
    • Opportunities for university researchers and students during IETF 115

      The upcoming IETF 115 meeting in London on 5-11 November 2022 is a unique opportunity for networking researchers to learn how RFCs are written, to engage with the Internet standards community to begin to develop research impact, and to meet more than 1,000 leading technologists from around the world currently working in industry, academia, and other organizations.

        1 Nov 2022
      • Suggested IETF 115 Sessions for Getting Familiar with New Topics

        These IETF 115 meeting sessions are likely to include discussions and new proposals that are accessible to a broad range of Internet technologists whether they are new to the IETF or long-time participants.

          24 Oct 2022

        Filter by topic and date

        Filter by topic and date

        IETF 2022 Draft Budget

        • Jay DaleyIETF Executive Director

        1 Nov 2021

        The IETF Administration LLC has prepared its draft budget for 2022 and now seeks community feedback.

        The IETF LLC 2022 Draft Budget contains the following sections:

        1. Budget
        2. Meetings budget
        3. Chart of accounts

        Key assumptions

        • Internet Society contribution as per our agreement
        • IETF 113 will go ahead with 650 onsite participants, IETF 114 and IETF 115 will go ahead as in-person meetings with 1000 participants.  All meetings will have a fee for remote participants.
        • All strategic retreats etc will go ahead.
        • Air travel costs will be at 50% above pre-COVID levels.
        • The RFC Editor Future Program will conclude as expected and an RCSE will be appointed
        • Investments increase 5% over the year (up from 4% in 2021)
        • 4% inflation reflected in staff and some admin costs (up from 2% in 2021)


        2022 Draft Budget 2021 Budget Variance
        Non-Meeting Revenue $ 8,574,098 $7,489,940 $ 1,084,158
        Meeting Revenue $ 3,926,815 $ 3,104,437 $ 822,378
        TOTAL REVENUE $ 12,500,913 $ 10,594,377 $ 1,906,536
        Operating Expenses $ 5,618,552 $ 5,642,035 $ (23,483)
        Meeting Expenses $ 3,351,387 $ 3,347,792 $ 3,595
        TOTAL EXPENSES $ 8,969,939 $ 8,989,827 $ (19,888)
        NET INCOME $ 3,530,973 $ 1,604,550 $ 1,926,423
        Capital Expenditure $ 561,714 $ 585,000 $ 424,500
        NET INCOME AFTER CAPITAL $ 2,969,260 $ 1,019,550 $ 1,949,710

        Key changes from 2021

        Budget changes

        • General
          • Inflation has been applied at a rate of 4% while it currently stands in the US at 5.3%, in anticipation of Federal Reserve action to reduce it.  
        • Fundraising
          • The budget for fundraising for external funds into the endowment has been raised from $0.5m to $1m in line with the plan even though that may be premature.
          • The budget for ISOC funds into the endowment is based on the 2021 budget of us raising $0.5m in 2021.  Current donations are running approximately $250,000 lower than that and if that situation does not change then the budget for next year will need to be reduced by $500,000 to account for the loss of 2:1 match funds.
        • Meetings:
          • Assumes all three IETF meetings will go ahead in-person with reduced number
          • Assumes fee for remote participation paid by 250 people per meeting
          • Childcare costs only for last two meetings in 2022
          • Estimating much higher travel costs throughout 2022.
        • Administration:
          • Budget for Director of Development increased to provide for a CRM system and small events for potential donors..
          • Inflation has been applied to a number of items
        • Community leadership
          • New budget for EMODIR Support, covering the development, production and distribution of materials (documentation, videos, and other collateral).  This is more than offset by a reduction in the Comms budget.
          • The IETF Trust budget has increased.
        • RSE and RPC
          • The costs for the new RSCE have been added including recruitment costs.
        • Tools:
          • New contract for a  project manager to plan a complete rewrite of RPC tools.
          • New DBA services contract.
          • Old contracts now removed.
          • More accurate cost for new developers.
          • Net increase in cost for Tools across both Opex and Capex of approximately $340,000.

        Presentation changes

        • Major changes to capex presentation
          • Split capex between Tools and Other
          • Included a negative capitalisation adjustment line under tools opex to forecast the tools expense that is capitalised at the end of the year.  This also allows for a reader to correctly estimate total tools expenditure.
          • Tools tab simplified to show capex/opex split for each line.
        • Split LLC staff costs between Administration and Tools to correctly show tools spend.
        • Travel page tidied up to reduce hard coded values
        • New EMODIR Support line under Community Leadership


        Our reserves are invested with one fund manager in four separate portfolios, each with a different risk and investment profile.  These portfolios and their value as of 31 August 2021 are 

        • Continuity and Operations $5,366.968
        • Board Designated Reserve $10,852,743
        • Restricted Endowment $3,876,686
        • Business Opportunities $563,453

        We are planning to produce full reserve forecasts for our next budget (FY 2023) following the introduction of a new financial system in 2022 that will significantly improve our operational forecasting and therefore the level of any surplus that may be safely added to reserves while leaving sufficient cash at hand.

        Community feedback

        Community feedback on the budget is welcome and should be made either directly to the IETF Executive Director at, who can also answer any questions, or to the administration discussion list  Please provide any feedback before November 29th 2021.

        Share this page