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Fund for the Future

 

The initial sum of $1.5 million dollars is earmarked in the $70 million settlement to establish the “Fund for the Future.” All monies remaining in the settlement fund – which will be known as Qualified Settlement Fund II -- when it is closed will also be contributed to the Fund for the Future or its successor. Class Counsel anticipates that after the effective date, additional amounts will be deposited into the Fund for the Future. 

 

The Fund for the Future will be governed by a Board of Governors composed of Settlement Class Members, who shall select an Executive Director.  Until the Qualified Settlement Fund II is terminated, disbursements from the Fund for the Future must be approved by the Qualified Settlement Fund II trustees.

  

Pursuant to criteria to be established by the Board of Governors, the Fund for the Future will provide three main types of benefits for Settlement Class Members.  It will sponsor networking activities to help further the careers and contacts of Settlement Class Members; make grants and loans to Settlement Class Members to support individual and collaborative writing projects in various media; and create an emergency loan fund for class members facing life crises. These activities are defined in the settlement agreements. The Board of Governors and the Qualified Settlement Fund II trustees will formulate rules and procedures for submitting proposals to the Fund for the Future; these rules will be published by the Board of Governors after the settlement agreements are final.

Defendants will have no involvement in, or responsibility for, administering the Fund for the Future.

 

You can find more information about the programs and activities which may be funded from the TV Writers' Fund for the Future at a separate Web site, www.TVWritersFundfortheFuture.com. If you would like to nominate yourself or another class member for membership on the Fund for the Future Board of Governors, the instructions are on that Web site.