The Worldcon “pass-along funds policy” is a commitment to distribute at least one-half of a Worldcon’s surplus to the next three Worldcons that make the same promise.
Having agreed to that policy, once LAcon V was officially voted host of the 2026 Worldcon last August they were in line to receive pass-along funds. Chair Joyce Lloyd and Finance Manager Bruce Farr report these amounts have been received:
Chicago 8 — $18,000
Chengdu Worldcon — $60,000
Glasgow 2024 — $25,240
OTHER LACON V NEWS. The committee has responded to the LA-area fires and windstorm damage by putting off their first membership rate hike for another two months. As they announced on Facebook:
In keeping with the past practice of most Worldcons, LAcon V had planned to have our first membership increase this February.
Given that the past few weeks have been challenging ones for people throughout the Los Angeles community, we have decided to delay any membership price increases until May 1, 2025.
We will announce price increase information in the next couple of months.
Los Angeles residents have shown incredible resilience, supporting one another and persevering during these fires. We are proud to call this city home, and look forward to welcoming the science fiction and fantasy fandom world back to the City of Angels in 2026.
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Nice amount of pass down funds.
Very good!
I’m pleased but surprised to see Chengdu contributing.
Well, why would they not? Money is one thing they have a surplus of, and due to complications with transfering between funds collected in PRC and US (or the West in general), it was easiest to keep the rules, “park” them in a US entity and transfer to the first taker to whom pecunia non olet (Glasgow refused, I’m not sure about Seattle now).
Seattle received pass-along funds from Chengdu — $60,000 — which they listed in their 2024 financial report to the Business Meeting.
Ah, thank you; I may have missed or forgotten it and did not look hard enough now (though it seems it was not reported as visibly). No implication was intended (as it happens I side with the opinion that the money is not, prima facie an sich, dirty).