Foundation Board Members are honorary members that shall not receive any monetary compensation. The board members shall only be paid a % of the profit they are generating from implementation of successful projects. (This ensures that dedicated people are in the board, not freeloaders.)

Just to clarify: the foundation receives a donation from Steemit Inc. then invests that money into projects which are bound to pay back revenue share and part of that revenue share will go towards paying bonuses for the board?

Does that mean this foundation can only invest in profit generating ventures? Thanks.