DisCon III has sent Chicon 8, the 80th World Science Fiction Convention, a grant of $20,000 as an initial payment toward the funds that DisCon agreed to contribute under the Worldcon Pass-Along Funds Agreement.
Since being instituted in 1989, nearly every Worldcon has participated in the Worldcon pass-along funds system. DisCon III agreed to distribute half of the convention’s surplus to the succeeding three Worldcons who likewise decided to join the pass-along system.
DisCon III was held in December, much later in the year than any previous Worldcon, and thus is still wrapping up its operations. Recognizing that Chicon 8 is less than four months away, DisCon has made this significant grant as partial fulfillment of its pass-along obligations and will be making additional pass-along grants to Chicon and the next two eligible Worldcons as soon as possible.
DisCon III’s announcement again expressed the committee’s appreciation to everyone who worked to make the convention a success, saying “We are glad to play our part in ensuring the success of Chicon 8 and other future Worldcons.”
[Based on a press release.]