Changes

Nominet has launched a charitable foundation, the Nominet Trust,<ref>[http://www.nominet.org.uk/news/latest/2008/?contentId=4709 Nominet launches a charitable trust]</ref> as it has been creating a profit surplus on its ordinary operations since 2003; its constitution forbids it from distributing surplus funds to members in the manner of a commercial company paying dividends, and so it turned tocharitable activities as a means of running down the excess funds.

Nominet has launched a charitable foundation, the Nominet Trust,<ref>[http://www.nominet.org.uk/news/latest/2008/?contentId=4709 Nominet launches a charitable trust]</ref> as it has been creating a profit surplus on its ordinary operations since 2003; its constitution forbids it from distributing surplus funds to members in the manner of a commercial company paying dividends, and so it turned tocharitable activities as a means of running down the excess funds.

In September 2008, Nominet's board made an initial donation of £5m to its charitable offshoot<ref>[http://www.nominet.org.uk/news/latest/2008/?contentId=5627 Nominet Foundation Trustees appointed]</ref>, which will support "education, research and the funding of suitable projects for the benefit of UK Internet stakeholders". Further donations have been made since this date.

In September 2008, Nominet's board made an initial donation of £5m to its charitable offshoot,<ref>[http://www.nominet.org.uk/news/latest/2008/?contentId=5627 Nominet Foundation Trustees appointed]</ref> which will support "education, research and the funding of suitable projects for the benefit of UK internet stakeholders". Further donations have been made since this date.

== History ==

== History ==