It seems pretty obvious that if this is going to happen, someone is going to have to take control, but we need to at least get down a basic idea first.
So here's a poll to discuss whether it should be a team thing where every member gets to play 1 buyin per x amount of time (with their own money of course, no investors here) up to a specified price level (say, each member plays one 18 person (up to) $10 SnG per week and their profit (over the buy in) is added to the team's total for the month. (they would have to let everyone else know when so you can't just play 10 a week and pick your best one)
Or, we could have teams and everyone enters the same freeroll (or a similar freeroll, we could allow people to join one of several with very similar fields so as to allow for scheduling conflicts) and their places are all combined to see which team as a collective did the best.
Once we get down this, we can move on to chip wagering, rules, buyins, etc.