Requirements for a new Internet Protocol

I've not solicited donations, nor have any been offered. I'll incorporate when I think doing so is worth my time. In the meantime, I'd rather spend my free time coding. Would you rather I spend my time on paperwork or coding?

If the 'Foundation' thing turns you off, would you suggest I change it? And if so, to what? But now that you mention it, I should probably at least register the trademark, what do you think?