I’d like to clarify the Core Team’s role to avoid confusion.
The Core Team reviews proposals approved by the community in order to add an extra layer of due diligence to avoid funding suboptimal activities. As part of the review, the team generally interacts with a proposal team and requests more detailed information in order to better assess the proposal’s impact on the ecosystem. The Core Team retains veto power due to this imbalance of information. Veto power can be used for any reason, but, typically, it is only used when multiple proposals are substantially similar and should be combined or a new proposal is diametrically opposed to a previously funded proposal.
In addition, the Core Team approves budgets from the proposal team and ensures they are consistent with the approved funding. Depending on the project, the budgets may be reviewed quarterly, semi-annually or annually.
The Core Team does not do ex post facto reviews to determine if funds are spent as budgeted. It doesn’t provide any additional oversight nor does it review how well a proposal is tracking against its goals. These types of evaluation have been historically left to the community.
Accordingly, the Core Team doesn’t have the information required to answer your questions.
I’m not sure to which entities you’re referring? Prior to the restructure all three entities {NEM Foundation, NEM Studios, NEM Ventures} were independent. As part of the restructure, NEM Foundation and NEM Studios will be closed down over the next few months and be subsumed into NEM Group: