The executive team brought forward the idea that a foundation would be a good idea and presented it to the board of directors in approximately 2018. The board had a number of concerns. We simply didn't have enough information.
I considered this matter personally quite deeply, thinking about the interests of stakeholders and contributors to the organization, frankly, and thinking about all the youth who had done fundraising. I wanted to understand in a manner that was crystal clear why such a foundation would exist and what its purpose would be. Ultimately, no resolution was brought before the board to consider whether that should be established. I think the board did not have satisfactory information at that time.