[Wikimedia-l] Grants budgets

Hi, Over the past year I've had the pleasure to serve on one of WIkimedia's regional funding committees . Together, these committees get to allocate several millions of grant funding on behalf of our movement. As I tried to have conversations

[Wikimedia-l] Re: WMF financial statements for 2021-2022 published

On Wed, Nov 9, 2022 at 10:37 AM Andreas Kolbe wrote: > Dear WMF Finance staff, > > I inquired over a week ago on Meta-Wiki why the WMF is reporting a > negative investment income (–$12 million). There has been no answer to > date.[1] > > I am a layperson, but how can an investment income be

[Wikimedia-l] Re: Grants budgets

Dear Lodewijk, Thank you for the question. We have published on meta the Funding Distribution report for grants allocation for the past fiscal year as well as the prior two years. There are further regional

[Wikimedia-l] [Wikimedia Research Showcase] November 16

Hello everyone, The next Research Showcase will be live-streamed Wednesday, November 16, at 9:30 AM PST/16:30 UTC. Find your local time here . YouTube stream: https://www.youtube.com/watch?v=sFanZoHjUnY Members of the Research team will collect

[Wikimedia-l] Re: Grants budgets

Isn't the amount of money spent in each region already public based on the fact of the budget approved in each grant? Concerning the overall possible budget to spend, I'm not sure that's that fixed to each region based on my time on the simpleAPG committee. Best, Philip On Wed, 9 Nov 2022 at

[Wikimedia-l] Re: WMF financial statements for 2021-2022 published

Dear WMF Finance staff, I inquired over a week ago on Meta-Wiki why the WMF is reporting a negative investment income (–$12 million). There has been no answer to date.[1] I am a layperson, but how can an investment income be negative? Would you mind sharing what this is about? I was also

[Wikimedia-l] Re: Grants budgets

Dear Kassia, Thank you very much. I am currently struggling to square the figures in the reports on Meta with the figures provided in the Form 990. For example, the Form 990 for the 2020-2021 financial year lists grantmaking activities for various regions on pages 30–31 (with the same figures

[Wikimedia-l] Re: WMF financial statements for 2021-2022 published

The WMF does not invest in stocks, only in bonds. Op wo 9 nov. 2022 21:51 schreef Andreas Kolbe : > Dear Steven, > > Thank you for your explanation. I had naively assumed the investment > income in the "Support and revenue" section of the financial statements was > only for income *from*

[Wikimedia-l] Re: WMF financial statements for 2021-2022 published

That's negative investment value, not investment income. On Wed, Nov 9, 2022, 2:36 PM Steven Walling wrote: > > > On Wed, Nov 9, 2022 at 10:37 AM Andreas Kolbe wrote: > >> Dear WMF Finance staff, >> >> I inquired over a week ago on Meta-Wiki why the WMF is reporting a >> negative investment

[Wikimedia-l] Re: WMF financial statements for 2021-2022 published

Dear Steven, Thank you for your explanation. I had naively assumed the investment income in the "Support and revenue" section of the financial statements was only for income *from* investments (i.e. dividend payments etc.), without tracking changes in the value *of* investments as well. So what

[Wikimedia-l] Re: WMF financial statements for 2021-2022 published

Ad, According to the WMF's FAQ:[1] "During this audit period, some of the Foundation's cash was invested in mortgage backed securities, U.S. Treasury securities, corporate bonds, and stocks (Note 3)."[1] So it appears your information is outdated. See also page 11 of the financial statements

[Wikimedia-l] Re: WMF financial statements for 2021-2022 published

Did WMF sell bonds at a loss? On Wed, Nov 9, 2022, 4:08 PM Ad Huikeshoven wrote: > The WMF does not invest in stocks, only in bonds. > > Op wo 9 nov. 2022 21:51 schreef Andreas Kolbe : > >> Dear Steven, >> >> Thank you for your explanation. I had naively assumed the investment >> income in the

[Wikimedia-l] Re: WMF financial statements for 2021-2022 published

The WMF has an investment policy to invest in assets which are globally seen as low risk. Over the fiscal year investment in US Treasury securities dropped from 73M$ to 15M$. Most likely the WMF has sold US Treasury securities with a big loss. Interest rates have gone up in the past, which results