2009/8/12 Veronique Kessler <[email protected]>: > Your comment is very timely. We are, and have been, thinking about the > best solution regarding extra money. First, we want to consider an > appropriate "reserve" amount, i.e. this can range from 3 months of > expenses for some organizations to 2 years for others. So, we are > discussing this; there are lots of theories of the perfect amount. > Beyond that, we are considering things like investment strategy, the > creation of an endowment, etc.-things that can help towards ongoing > financial sustainability.
Thank you both for your replies. I drafted a Reserve Policy for Wikimedia UK so I have some idea of the challenge facing you there! I'm really glad you are giving the subject of an endowment serious thought, I think it would be really good to have that kind of sustainability in the future. _______________________________________________ foundation-l mailing list [email protected] Unsubscribe: https://lists.wikimedia.org/mailman/listinfo/foundation-l
