Internet Engineering Task Force

The Internet Engineering Task Force (IETF) develops and promotes voluntary Internet standards, in particular the standards that comprise the Internet protocol suite (TCP/IP). It is an open standards organization, with no formal membership or membership requirements. All participants and managers are volunteers, though their work is usually funded by their employers or sponsors. 
The IETF started out as an activity supported by the U.S. federal government, but since 1993 it has operated as a standards development function under the auspices of the Internet Society, an international membership-based non-profit organization.

The IETF is organized into a large number of working groups and informal discussion groups (BoFs, or Birds of a Feather), each dealing with a specific topic and operates in a bottom-up task creation mode, largely driven by these working groups. Each working group has an appointed chairperson (or sometimes several co-chairs), along with a charter that describes its focus, and what and when it is expected to produce. It is open to all who want to participate, and holds discussions on an open mailing list or at IETF meetings, where the entry fee in July 2014 was USD $650 per person. Midst 2018 the fees are: early bird $700, late payment $875, student $150 and a one day pass for $375. 
Rough consensus is the primary basis for decision making. There are no formal voting procedures. Because the majority of the IETF’s work is done via mailing lists, meeting attendance is not required for contributors. Each working group is intended to complete work on its topic and then disband. In some cases, the WG will instead have its charter updated to take on new tasks as appropriate.

Courtesy of Wikipedia

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