I would have more faith that the ARDC will use the proceeds from the sale for the benefit of the ham community at large if they engaged the community beforehand.
It seems to me that they saw the opportunity to make a lot of money, and figured having a lot of money is a good problem to have and they could figure out what to do with it later.
The fact that they have no specific public plans for the money is telling. They mention vague plans for grants, scholarships and a perpetual endowment, but how do we know they won't keep most of it in the endowment and use most of the interest to pay board member salaries? If the board decided to do that, who could stop them? Who elects the board?
I particularly don't like this response:
> This makes
me one of a VERY small group of people with any arguable personal
property interest in network 44. And yes, 25% of this space, which is
VERY unlikely to ever be used by hams, has been sold to Amazon.
> Rather than try to personally profit from this, we all readily agreed to
place the entire proceeds of this sale into a 501(c)(3) charity
chartered to support amateur digital radio and related developments. No
one is buying a yacht or a mansion.
https://mailman.nanog.org/pipermail/nanog/2019-July/102138.h...
I'm not saying I expect the board will use the money to buy a yacht or a mansion, but the whole tone of that email makes it sound like they feel entitled to do so, and it was only their own magnanimity that caused them to give the proceeds to a 501(c)(3).
I'd much rather the board of the organization see themselves as stewards who are not personally entitled to the money. Otherwise you end up with "charities" like the Trump Foundation.