Implement approved changes to locals program

Author: benjie

src/pages/community/foundation/local-initiative.mdx

@@ -33,17 +33,32 @@ Organizers of a Local must agree:
   **[GraphQL Code of Conduct](https://graphql.org/codeofconduct/)**.
 - Official communications will comply with the
   **[GraphQL Brand Guidelines](https://graphql.org/brand/)**.
-- At least one
-  [GraphQL Technical Steering Committee (TSC) member](https://github.com/graphql/graphql-wg/blob/main/GraphQL-TSC.md#tsc-members) 
-  must be granted administrator access to the Local’s online platforms
-  - This is to ensure continuity of the community, should any of the original organizers not be available anymore.
+- The Local accepts **GraphQL TSC oversight**:
+  - Provides continuity for group members should we lose contact with an
+    organizer.
+  - At least one
+    [GraphQL Technical Steering Committee (TSC)
+    member](https://github.com/graphql/graphql-wg/blob/main/GraphQL-TSC.md#tsc-members)
+    must be granted administrator access to the Local’s online platforms. (If
+    you don't know any TSC members, one will be recommended when you apply.)
+  - In the case of a serious Code of Conduct breach, the TSC may take
+    appropriate actions.
 - The Local has 1 or more organizer from the area. (We're pretty flexible on the
   definition of "from the area", just be reasonable.)
 - Each official event will have at least one **organizer present**.
 - Official events will be held in an appropriate **professional setting**.
-- Official events will feature at least one GraphQL-related talk (the format can
-  vary: lecture, lightning talk, panel, AMA, etc).
-- These talks will be **recorded, or photographed** if recording isn’t practical or appropriate, and made freely available online.
+- Official events will feature at least one signficant GraphQL-related activity:
+  - Talk: lecture, lightning talk, panel, AMA, etc
+  - Q&A
+  - Discussion / roundtable / birds of a feather
+  - Workshop / coding challenge / hackathon
+  - Live podcast/video recording
+  - Other ideas? Reach out!
+- These **activities will be recorded**, or photographed if recording isn’t practical
+  or appropriate, and made freely available online with or without editing.
+  - Publishing to [@GraphQLFoundationTalks on
+    YouTube](https://www.youtube.com/@GraphQLFoundationTalks) is possible - just
+    ask!
 - Official events will be be **announced at least two weeks in advance**.
   Popular ticketing platforms include Eventbrite, Guild.host, and Meetup.com.
 - Attending official events will be **affordable**.
@@ -97,7 +112,7 @@ precedence after the local area name and GraphQL:
 Each approved Local is entitled to request the following support for each
 event:
 
-- **Sponsorship** up to USD $200 per event (max 1 per quarter) for approved
+- **Sponsorship** up to USD $400 per event (max 1 per quarter) for approved
   costs (see below). More sponsorship might be available directly from
   individual foundation members, see details below.
 - **Swag bundle**\* to distribute to speakers, attendees, or organizers (max 1