Re: [Wikimedia-l] WMF transfers $8.7 million to "Wikimedia Knowledge Equity Fund"

2021-04-29 Thread Andreas Kolbe
Dear Julia, On Wed, Apr 28, 2021 at 4:07 PM Julia Brungs wrote: > Hi Andreas, > > Thank you for bringing these questions together here. As you are aware the > questions and answers are also on meta (both the talk:Endowment [1] and the > talk:Fundraising [2]) and we expect to post further

Re: [Wikimedia-l] WMF transfers $8.7 million to "Wikimedia Knowledge Equity Fund"

2021-04-28 Thread Julia Brungs
Hi Andreas, Thank you for bringing these questions together here. As you are aware the questions and answers are also on meta (both the talk:Endowment [1] and the talk:Fundraising [2]) and we expect to post further answers to those talkpages during the US West Coast daytime today. Thank you very

Re: [Wikimedia-l] WMF transfers $8.7 million to "Wikimedia Knowledge Equity Fund"

2021-04-28 Thread Andreas Kolbe
Hi Lisa and all, Could you provide any update on what is happening with the $8.7 million in the Tides Advocacy fund? I asked about it on the Endowment talk page on Meta two weeks ago, and while many other questions there have been answered, this one has not. I also asked on Meta how much money

Re: [Wikimedia-l] WMF transfers $8.7 million to "Wikimedia Knowledge Equity Fund"

2021-01-03 Thread Mario Gómez
On Sun, Jan 3, 2021 at 2:00 PM Gnangarra wrote: > > A portion of our grant to Tides Advocacy will be used to launch the >> Wikimedia Knowledge Equity Fund, a new fund that the Wikimedia Foundation >> is establishing this fiscal year to invest in new grant-making >> opportunities in support of

Re: [Wikimedia-l] WMF transfers $8.7 million to "Wikimedia Knowledge Equity Fund"

2021-01-03 Thread Gnangarra
Kaya > > A portion of our grant to Tides Advocacy will be used to launch the > Wikimedia Knowledge Equity Fund, a new fund that the Wikimedia Foundation > is establishing this fiscal year to invest in new grant-making > opportunities in support of groups that are advancing equitable, inclusive

Re: [Wikimedia-l] WMF transfers $8.7 million to "Wikimedia Knowledge Equity Fund"

2021-01-03 Thread Mario Gómez
Hi, > A portion of our grant to Tides Advocacy will be used to launch the Wikimedia Knowledge Equity Fund, a new fund that the Wikimedia Foundation is establishing this fiscal year to invest in new grant-making opportunities in support of groups that are advancing equitable, inclusive

Re: [Wikimedia-l] WMF transfers $8.7 million to "Wikimedia Knowledge Equity Fund"

2021-01-02 Thread Dan Garry (Deskana)
On Sat, 2 Jan 2021 at 07:46, rupert THURNER wrote: > have a good start into the new year everybody! should not, ideally, the > legal team of amanda keton be able to tell if fundting something is legal? > or is this a liability issue, so tides would be liable for misconduct, and > not a person

Re: [Wikimedia-l] WMF transfers $8.7 million to "Wikimedia Knowledge Equity Fund"

2021-01-01 Thread rupert THURNER
hi lisa, have a good start into the new year everybody! should not, ideally, the legal team of amanda keton be able to tell if fundting something is legal? or is this a liability issue, so tides would be liable for misconduct, and not a person within wikimedia foundation? rupert On Mon, Dec

Re: [Wikimedia-l] WMF transfers $8.7 million to "Wikimedia Knowledge Equity Fund"

2020-12-16 Thread Yair Rand
(@Deskana: When 6-18 months go by and there is no information made public until finally forced by either legal requirements (eg the form 990s) or basic reporting standards (eg the audit report, without which the WMF would lose ratings in sites like Charity Navigator), that indicates a lack of

Re: [Wikimedia-l] WMF transfers $8.7 million to "Wikimedia Knowledge Equity Fund"

2020-12-15 Thread Pharos
Hi Lisa and all, Thanks for your responses and thoughts. This is an important area, and key to get right with a consensus-driven approach. Are we going to announce the process for giving grants to organisations outside the movement, including the process for community involvement, in the spirit

Re: [Wikimedia-l] WMF transfers $8.7 million to "Wikimedia Knowledge Equity Fund"

2020-12-14 Thread Galder Gonzalez Larrañaga
Thanks Lisa, It makes total sense. Galder From: Wikimedia-l on behalf of Lisa Gruwell Sent: Monday, December 14, 2020 6:53 PM To: Wikimedia Mailing List Subject: Re: [Wikimedia-l] WMF transfers $8.7 million to "Wikimedia Knowledge Equity Fund"

Re: [Wikimedia-l] WMF transfers $8.7 million to "Wikimedia Knowledge Equity Fund"

2020-12-14 Thread Michael Peel
Hi Lisa, OK, so who in the Wikimedia movement is reviewing the funding applications and deciding where the money that Tides has been entrusted with gets spent? Thanks, Mike > On 14 Dec 2020, at 21:17, Lisa Gruwell wrote: > > Hi Mike- > > Thanks for the question. The review and oversight

Re: [Wikimedia-l] WMF transfers $8.7 million to "Wikimedia Knowledge Equity Fund"

2020-12-14 Thread Lisa Gruwell
Hi Mike- Thanks for the question. The review and oversight that we will get from Tides is nothing like the FDC review. They will be looking at, for example, "Is this grant supporting activity that is legal for a 501c3 to fund?" It is in no way a replacement for the work that the FDC or the

Re: [Wikimedia-l] WMF transfers $8.7 million to "Wikimedia Knowledge Equity Fund"

2020-12-14 Thread Chris Keating
Thanks Lisa, that's very reassuring. Again, I know there will be more info on the Knowledge Equity Fund in the > new year. I ask your patience for the folks initiating this and trust that > they will share more soon. > I look forward to hearing more from those folks in due course. There must be

Re: [Wikimedia-l] WMF transfers $8.7 million to "Wikimedia Knowledge Equity Fund"

2020-12-14 Thread Michael Peel
Hi Lisa, Isn’t this the oversight work that the WMF wanted to be able to do when it changed from Wikimedia affiliates being able to fundraise directly to the FDC process? Why has WMF chosen to outsource this to Tides rather than continuing to do it in-house? And why does Tides now get to

Re: [Wikimedia-l] WMF transfers $8.7 million to "Wikimedia Knowledge Equity Fund"

2020-12-14 Thread Samuel Klein
This is great to see. Thank you for helping to ensure continuity of support in a tense time. SJ On Mon, Dec 14, 2020 at 3:11 PM Lisa Gruwell wrote: > Hi Chris- > > I am happy to answer your questions about Tides. No, Tides is not picking > the grantees. The docket of grantees and the

Re: [Wikimedia-l] WMF transfers $8.7 million to "Wikimedia Knowledge Equity Fund"

2020-12-14 Thread Lisa Gruwell
Hi Chris- I am happy to answer your questions about Tides. No, Tides is not picking the grantees. The docket of grantees and the specific of the grants comes from us. Tides provides legal and administrative review of the grants, approves them, and processes the grants(i.e. wires the funding

Re: [Wikimedia-l] WMF transfers $8.7 million to "Wikimedia Knowledge Equity Fund"

2020-12-14 Thread Chris Keating
Thanks Lisa. That statement makes a lot of sense, though I do have some questions still. > > Our first priority was to ensure that we had enough funding to support > community grants. We transferred the full amount for Annual Plan Grants > (APG) for FY20-21 over to Tides to ensure that all

Re: [Wikimedia-l] WMF transfers $8.7 million to "Wikimedia Knowledge Equity Fund"

2020-12-14 Thread Lisa Gruwell
Hi all, Thanks for the questions. We intend to announce the Knowledge Equity Fund in early 2021, once we have a bit more details and specifics worked out. However, we can share the overall intention today. Some background: Our fiscal year runs from July through June, which means that the second

Re: [Wikimedia-l] WMF transfers $8.7 million to "Wikimedia Knowledge Equity Fund"

2020-12-13 Thread Katherine Maher
Hi folks, Happy Sunday from San Francisco -- we've seen the questions on this list, and we'll reply tomorrow when folks are back at work. Thanks for your understanding! Hope everyone is staying well and safe, Katherine On Sun, Dec 13, 2020 at 5:36 AM Isaac Olatunde wrote: > I agree with Dan.

Re: [Wikimedia-l] WMF transfers $8.7 million to "Wikimedia Knowledge Equity Fund"

2020-12-13 Thread Chris Keating
So, the text in the FAQs is as follows: "This year’s report says that the Wikimedia Foundation provided an unconditional grant of $8.723 million to Tides Advocacy for the Wikimedia Knowledge Equity Fund. What is the Wikimedia Knowledge Equity Fund? A portion of our grant to Tides Advocacy will

Re: [Wikimedia-l] WMF transfers $8.7 million to "Wikimedia Knowledge Equity Fund"

2020-12-13 Thread Isaac Olatunde
I agree with Dan. A question about this should have been directed to the WMF and allow them to respond prior to raising it here (if that's even necessary in the first place.) Regards Isaac On Sun, 13 Dec 2020, 14:30 Dan Garry (Deskana), wrote: > It seems disingenous to describe it as

Re: [Wikimedia-l] WMF transfers $8.7 million to "Wikimedia Knowledge Equity Fund"

2020-12-13 Thread Dan Garry (Deskana)
It seems disingenous to describe it as "secret" given that it was willingly acknowledged in the the FAQ of the annual financial audit

Re: [Wikimedia-l] WMF transfers $8.7 million to "Wikimedia Knowledge Equity Fund"

2020-12-13 Thread Christophe Henner
It is the endowment. Le dim. 13 déc. 2020 à 10:37 AM, Yair Rand a écrit : > No, the Wikimedia Endowment is a separate thing. > > -- Yair Rand > > ‫בתאריך יום א׳, 13 בדצמ׳ 2020 ב-4:18 מאת ‪Michael Peel‬‏ <‪ > em...@mikepeel.net‬‏>:‬ > >> https://meta.wikimedia.org/wiki/Wikimedia_Endowment ? >>

Re: [Wikimedia-l] WMF transfers $8.7 million to "Wikimedia Knowledge Equity Fund"

2020-12-13 Thread Yair Rand
No, the Wikimedia Endowment is a separate thing. -- Yair Rand ‫בתאריך יום א׳, 13 בדצמ׳ 2020 ב-4:18 מאת ‪Michael Peel‬‏ <‪ em...@mikepeel.net‬‏>:‬ > https://meta.wikimedia.org/wiki/Wikimedia_Endowment ? > > On 13 Dec 2020, at 08:33, Yair Rand wrote: > > According to the recent Independent

Re: [Wikimedia-l] WMF transfers $8.7 million to "Wikimedia Knowledge Equity Fund"

2020-12-13 Thread Michael Peel
https://meta.wikimedia.org/wiki/Wikimedia_Endowment ? > On 13 Dec 2020, at 08:33, Yair Rand wrote: > > According to the recent Independent Auditors' Report of the WMF [1], at some > point prior to the end of June 2020, an entity called the "Wikimedia > Knowledge Equity Fund" was established,

[Wikimedia-l] WMF transfers $8.7 million to "Wikimedia Knowledge Equity Fund"

2020-12-13 Thread Yair Rand
According to the recent Independent Auditors' Report of the WMF [1], at some point prior to the end of June 2020, an entity called the "Wikimedia Knowledge Equity Fund" was established, and $8.723 million was transferred to it by the WMF, in the form of an unconditional grant. The Fund is "managed