Transparency

The books, in public.

We will show our books, line by line, because the firms we are asking Canada to regulate will not show theirs.

Every dollar, every expense
Every donor above $1,000
No frontier-AI money, ever
Reconciled monthly

Last updated 2026-04-22

Total raised to date

CAD, net of Zeffy tips (which go to Zeffy, not the campaign).

Total spent to date

Every expense categorized below.

Current balance

Raised minus spent. Reconciled monthly.

Top expense category this quarter

Infrastructure

Largest line-item bucket since the last quarter close.

The ledger

Append-only. Newest first.

Every row is a real transaction. Contributions above $1,000 carry the donor’s name (with written consent). Anonymous contributions below $1,000 are bucketed as “Anonymous (count) · $total.” Expenses list the vendor and the purpose.

Date	Category	Line item	Amount (CAD)	Restricted?
Ledger entries are being reconciled. Expect to see the incorporation filing fee, domain registration, and hosting costs as the opening rows. Even if the ledger starts with three rows, they will be three real rows.

Date

Each month gets a page.

Monthly reports summarize the month’s activity in plain prose. Current month is open; prior months are archived and linked once closed.

April 2026

Open month. First transactions land 2026-04-24.

The campaign’s first month of active fundraising. The public ledger opens. The first donations, the first expenses, and the founding governance filings are all recorded here. The month’s narrative paragraph is published on the last day of the month.

The rules on money

What we accept, and what we refuse.

No money from frontier AI labs, their subsidiaries, or their parent companies. The campaign is calling for binding oversight of the firms in question. Accepting money from the companies we are asking to be regulated would destroy the credibility of the ask. Some lab leaders have publicly called for regulation; that is their right, and it does not change our answer. This rule is permanent and has no exceptions.
No money from cryptocurrency projects, tokens, or token-based entities. Crypto’s entanglement with AI hype is adjacent to the problem the campaign exists to address. Reputational distance is required.
No money from PACs, political parties, or partisan-affiliated entities. The campaign is non-partisan by design. Partisan-coded money destroys that frame.
No anonymous contributions above $10,000 per donor per year. Below that threshold, anonymous giving is allowed and bucketed on the public ledger. Above $10,000 a donor must appear named on the ledger within seven days, or the contribution is declined and refunded. The rule exists so that no single anonymous source can quietly steer the campaign.

If you want your name listed with your gift at any amount, tell us at checkout or email corrections@operationimaginal.org. Your entry will appear on the next monthly reconciliation.

Governance

The legal facts.

Legal name: Operation Imaginal Inc.
Entity type: Federal non-profit corporation, Canada Not-for-profit Corporations Act (CNCA).
Corporation number: 1786413-2
Business Number (CRA): 787744978
Incorporation date: 2026-04-16
Registered office: Ontario, Canada.
Charitable status: Not a CRA-registered charity. Contributions are not tax-deductible.
Articles of Incorporation: Form 4001, as filed (PDF)
Certificate of Incorporation: Issued by Corporations Canada (PDF)
Bylaws: Bylaw No. 1 is on file with the Corporation. It will be filed with Corporations Canada and linked here within twelve months of member confirmation, per CNCA s.197.

The board

Publicly named: one. Total directors: three.

Joshua Han, CFA

Chair & Director

Fifteen years in wealth management across client advisory, institutional distribution, and national program development. Now working full-time on Operation Imaginal. Takes zero salary from donor funds. Bio and professional record available on request.

Salary from Operation Imaginal: $0.

CNCA, s.125

Three directors. Three is the floor.

Two additional directors sit on the board to satisfy the CNCA formation requirement so the corporation could be stood up quickly. Both have asked to remain unnamed on this page at this stage. Their full particulars are on file with Corporations Canada and available to auditors on request.

Bootstrap

A scaffold, not a ceiling.

The current three-director structure is a bootstrap, not the long-term governance model. As the campaign grows, the board is expected to expand to hands-on directors selected for campaign strategy, execution, and sector expertise. Those directors will be publicly named on this page the day they join.

Compensation

Founder $0. Staff capped at $120,000.

The founder takes no salary. The campaign employs paid staff (currently a Founder’s Associate and a Lead Engineer, a researcher to follow). No staff member is paid more than $120,000 CAD per year. The ceiling is a published commitment. Staff compensation is on the ledger as “Staff compensation,” with role-level salary ranges posted once the first paycheque clears.

Annual transparency report

No annual report yet. The first will publish on the campaign’s one-year anniversary. Expected: April 2027.

The annual report is separate from the rolling ledger on this page. The ledger shows the receipts. The annual report tells the story: what was raised, what was spent, what the money did, where it fell short, and what the year ahead requires.