We Get Pass-on Funds from MilPhil

We're very pleased to announce that our friends from the Millennium Philcon (the 59th Worldcon) handed us a check for $10,000 in "pass-on" funds last week at Lunacon, in Rye, New York.

Pass-on Funds were begun by Noreascon 3 in 1989 to allow Worldcons to help their successor conventions. Under the plan, each Worldcon agrees to pass on at least 50% of any surplus it generates to the next three Worldcons which agree to do the same. Nearly every Worldcon since 1989 has particpated, and all of the upcoming Worldcons (and most of the bidders) have also joined. Pass-on Funds is a way for a Worldcon to put most of the profit it earns back into Worldcon.

Noreascon 4 is deeply grateful for this check as well as for $10,000 in Pass-on Funds we received last December from ConJose, the 2002 Worldcon. We will put that money to good use!