On 19/08/2017 12:05, Lodewijk wrote: > Thanks for the link, Rogol. It is wonderful to hear that these generous > donors have decided to match a deposit of $5 million into the endowment. > > It is always a good thing if someone from the board could expand on what > (if anything) the board is planning to do with the proposed expenses. The > way you're framing this decision is not something I consider fair.
I agree with Lodewijk. On 21/08/2017 18:48, Rogol Domedonfors wrote: > I'm know that the WMF has determined that it should have some form of > endowment, The question is -- as is usual in question of this sort -- one > of balance: in this case, balance between current spending for the benefit > of the projects today, and accumulating capital for the benefit of the > projects tomorrow. I am asking the Board to say why they decided to strike > that balance where they did -- given the obvious need for that support > right now -- and whether it is appropriate for large donors to apparently > influence that decision. This is a much better way to approach this discussion. I recognize the concern, and - although admittedly I don't know in the detail how the endowment is managed - I wouldn't say that the donor is influencing the decision as long as there are no further restrictions on how the money will be invested. Cristian _______________________________________________ Wikimedia-l mailing list, guidelines at: https://meta.wikimedia.org/wiki/Mailing_lists/Guidelines and https://meta.wikimedia.org/wiki/Wikimedia-l New messages to: Wikimedia-l@lists.wikimedia.org Unsubscribe: https://lists.wikimedia.org/mailman/listinfo/wikimedia-l, <mailto:wikimedia-l-requ...@lists.wikimedia.org?subject=unsubscribe>
