Hi Nemo, Thanks for your questions.
Yes, we answered No to Part VI, section A, line 7a since the Board ultimately approves the seats. However, we are a unique organization and I think for the next 990, I will include an explanation in Schedule O that explains the process. Usually you only include info on Schedule O if you answer yes, but either way, it would be good to include that information going forward. Yes, the data provider services contains the live-feed revenue and licensing revenue and yes, it is contained in the $398K in the financial statements. Regarding the gift policy, we clearly have a gift policy. When you look at the instructions related to how to answer that question, it talks about the definition of a non-standard contribution which is very specific. Since we didn't specifically name in our gift policy the specifics of a non-standard contribution per the definition of the IRS, we marked it no. I spoke with KPMG this morning and there could be an argument made for us answering it either way, but I and KPMG are comfortable with the answer we gave. Veronique Federico Leva (Nemo) wrote: > Veronique Kessler, 27/04/2010 02:08: >> Please note that the 2008 Form 990 which covers fiscal year July 1, >> 2008 through June 30, 2009 has been posted to the Wikimedia >> Foundation website at: >> http://wikimediafoundation.org/wiki/File:WMF_2008_2009_Form_990.pdf > > Thank you. (I love to read these documents, even if there are lots of > unnecessary bureaucracy, for which I sympathize with you; even in > Italy we have a law which says that the State can't ask you some > information you have already given in some other communication...) > >> Also posted are questions and answers which can be found at: >> http://wikimediafoundation.org/wiki/Form_2008_Questions_and_Answers >> >> Of course I am available to answer questions as well. > > I'm a bit late here, but I have three (little) questions: > 1) Page 7, part VI, section A, line 7a: "Does the organization have > members, stockholders, or other persons who may elect one or more > members of the governing body?" Why is the answer "no"? Because of the > definition of "elect" (perhaps they're not considered elected because > a board resolution is needed)? > 2) Page 9, part VIII, line 2a: what are those 366,232 $ of program > service revenue from data provider services? Are they included in > "Other income, net" line in the financial statement (398,149 $)? > 3) Page 31, schedule M, part I, line 31: "Does the organization have a > gift acceptance policy that requires the review of any non-standard > contributions?", answer "no". Isn't WMF gift policy > (<http://wikimediafoundation.org/wiki/Gift_policy#Accepting_Gifts.2FPrivate_Grants_--_Board_Approval> > > ) enough? > Thank you, > Nemo _______________________________________________ foundation-l mailing list [email protected] Unsubscribe: https://lists.wikimedia.org/mailman/listinfo/foundation-l
