input: [Policy] Local host chapters will share in OWASP event profits under the following schedule. In the case of multiple host chapters, the host chapters will be responsible for determining the division before the event. Policy Document Global AppSec Conference - 10% of event profits up to Profit Goal set in annual Foundation Budget ($10,000 for multi-chapter events), 40 % of event profits in excess of Profit Goal. No profit cap. Local and Regional Events - 90% of event profits. No profit cap. [Last Updated] 2014/09/26 [Applicability] All Events [Votes] Board Voting Record [Rationale] 
output: In addition to the Membership Committee membership split that provides funds to local chapters, it is also appropriate to allow local chapters to leverage the hard work that goes into planning events as additional revenue streams. The board considered weighing the needs of the OWASP Foundation, Local Chapters entrepreneurship, the desire not to create "haves and have not" chapters within OWASP in addition to many other factors when setting this policy.