For an in-depth discussion of this proposal, please see:

https://discourse.nouns.wtf/t/proposal-fund-nouns-foundation-setup-and-2022-operations/

$1,420,690 / $3100 = 458 ETH

Nouns Foundation multisig address: 0x37b8e20646d174B00198b7E183dd1f25520C0f60

Thank you to everyone who assisted with the setup of the Nouns Foundation. It was a significant undertaking and we hope that it will be an asset to the DAO in the years ahead.