Just one more thing....

There is just one more thing to add, in the description given here of the PIE Abacus' financing and income re-investment plans.

It was Robin Johnson, the founder and (still, currently) editor of the PIElink, that first proposed the idea of 'a psychologically informed environment'; first formulated the original 'PIEs 1', or 'classic' version, then organised the working group to develop the up-dated version, PIEs 2; developed the Pizazz; and then the PIE Abacus.

Until the PIE Abacus came along, all this has been simply given away, for free.

But with the prospect that the PiE Abacus could bring in significant income, to be re-invested in the PIEs and complex needs sector work, there is also the option for Robin to retain some portion of this, for his own use and purposes; and that is just what he now proposes to do.

Let's see how.

Technically, as the author, Robin owns the intellectual property ('IP') of the Pizazz; and also all the supporting content he has created for promotion and marketing, including all his authored content on the PIElink, over the years. Whilst he chose to make the Pizazz on paper free to use, on a creative commons basis, that permission does not extend to the electronic version, over which he still holds the 'IP'.

In parallel with creating a company, PIRAN, to manage and re-invest the PIE Abacus income as a social enterprise, Robin has now created a second - and entirely personal - fund, by the name of 'Fertile Imagination Inc.' The stated purpose of this company is philanthropic: to promote creativity in ANY field of human endeavour; and Robin intends to keep complete control over how that may be spent.

It is now this company, Fertile Imagination, that henceforth holds and manages Robin's IP on his behalf; and technically, Fertile Imagination licences this IP to PIRAN, specifically to be used to promote PIEs via re-investment of the income - on the understanding that some part of that is to be retained, to be used at his discretion. That proportion is currently set at10% of the total income from the PIE Abacus.

This arrangement ensures that Robin - with total control of Fertile Imagination - can lease the IP to PIRAN at no cost whatsoever, during the start up phase, however long that may need to be. Over this period, PIRAN spends all of the remaining income (initially 20% of the total, rising to 40% as and when the company is able to take on the full burden of administration of accounts) on promotion, marketing and development; including maintaining the PIElink, for so long as it is felt to be a useful resource.

But in addition, Robin commits all 10% of Fertile Imagination income to the same purpose, over this period: developing and promoting PIEs, the PIElink as the information channel, and the PIE Abacus as the income stream that will continue this, into the future.

As and when the successor company, the future social enterprise, is created, it will take over PIRAN's assets and licences. The difference is that the new company, as a social enterprise:

  • will have the 'assets lock' that in law ensures its fund can only be spent on its founding purpose - the promotion of PIEs and re-investment of PIE Abacus income; and
  • will be accountable to a board of directors, on which we hope to see community representation; but
  • will be free to maintain and develop the PIElink, or not, as seems most useful.

This rather convoluted (and typically idiosyncratic) arrangement means that Robin will then be in a position to operate as a philanthropist, with some part of the PIE Abacus income, and the rest - the bulk - being given away, via PIRAN; and he is then free to invest in or promote creativity in any sphere; not, that is, just in homelessness and complex needs work.

Robin insists that his first priority remains the promotion and development of PIEs; and for the immediate future, in the 'start up' phase, he will take none of the PIRAN income for Fertile Imagination. Only as and when PIRAN has sufficient income will he syphon off some; and even then, to a maximum of the current 10% of the income.

 

 

 

 

 

Further reading and viewing

FAQs: Costs and sustainability: HERE

The PIE Abacus: costs, licence arrangements and income re-investment (video): COMING SOON

PIRAN Co. Ltd: HERE

Fertile Imagination, Inc.: HERE

Yet more small print: HERE

And now a word for our sponsors: HERE

The homelessness sector as potential beneficiaries:  HERE

Is this the future of vocational training?: HERE

Is this the future of academic publishing?:  HERE

How audio-visuals add value to academic publishing: HERE