Just checking....
The meta page
http://meta.wikimedia.org/wiki/Funds_Dissemination_Committee/2012_Round_1_Eligibility_Status
outlines that amongst the obligations is the fact of providing financial
reports in English
"What we have considered as 'financial reports' : financial reports
in English (per the Chapter Agreement) that offer complete details
of an entity’s revenue and expenditure over the course of its fiscal
year."
And errrrr.... yeah. I'd like to ask what is the level of requirement
with regards to what is called "Financial reporting" and what do you
exactly expect.
Because when we signed the agreement, back in 2005.... Financial
Reporting was something quite basic (a paragraph or so in our annual
report and a bunch of figures).
Last year, this page was set up
http://meta.wikimedia.org/wiki/Financial_reports
for reporting. But as discussed during the financial meeting, rather
fail to meet a common ground as not all financial systems work the same.
Fundraising Agreement on the other hand does mention Financial
reporting. But it absolutely does not mention that these should be in
English.
The exact wording of the FA is
Providing a copy of accurate and complete audited financial
statements and the auditor’s letter to management, compiled by the
auditor appointed by the board of the Chapter, for the 2011 fiscal
year, by September 1, 2012 and on the same schedule for any Renewal
Periods.
But.... I already feel sick in the stomach at the idea of translating
our complete Financial Reports.
See for example our financial report here:
http://www.wikimedia.fr/sites/default/files/Comptes%202011%20certifiés.pdf
It certainly does it great to understand better a financial situation.
But we probably need an in-between report systems :)
This was discussed during the Financial meeting, but I am not quite sure
what is the outcome of the work done afterwards on the matter (something
such as a common reporting document where we would add figures as much
as we can).
What's the status on this ?
Florence
On 7/24/12 7:04 PM, Melanie Brown wrote:
Dear Wikimedia Community,
As you may know, the Wikimedia Foundation Board of Trustees passed
a resolution two weeks ago, to establish the Funds Dissemination
Committee (FDC) [1]. Full details about the planned structure and
processes of the FDC can be found in the framework proposed to the
Board [2]. This framework was developed over the past few months
with input from a variety of people across the movement.
It is now time to set this plan in motion. There are a couple of
next steps we want you to be aware of:
1. Establishing the first Funds Dissemination Committee:If you are
interested in nominating yourself to serve either as an FDC member
or as the FDC Ombudsperson, please submit your nomination by
August 15th. The Board will appoint the first members by the
beginning of September [3].
2.Identifying eligible entities: Today, the Foundation has
published a list of eligible entities [4]based on the eligibility
criteria established in the framework [5]. Please let us know if
you believe there are any corrections to be made to this list.
Entities are categorised into ‘Yes’, ‘Yes, If’ and ‘No’ categories
based on the eligibility criteria. Entities who are interested in
applying for funds through the FDC but are ineligible due to
compliance issues (i.e. those who fall into the ‘Yes, If’ category
detailed in the list above) should work with the Foundation to
develop a plan to correct compliance issues.
Entities who are ineligible for other reasons - or who would
prefer not to go through the FDC process in this round - may seek
funding through the Wikimedia Foundation Grants Program[6].
3.Beginning the applications process for the first round of
funding:The first round of applications for funding will be due
October 1st. FDCproposal formswill be posted on the FDC portal(a
hub for FDC related information that is currently being set up) on
Meta by August 1st. We strongly encourage eligible entities to
begin filling out the proposals to the FDC well in advance of the
October 1st deadline, particularly to support time for
translation, if necessary, and to answer any questions or
clarifications.
I would appreciate entities who are interested in applying for the
upcoming round of funding, emailing me as soon as possible stating
your interest. In addition, do let me know if you have any
questions, clarifications or concerns about meeting the
eligibility gap. This will help us best support you.
Additionally, as I mentioned in my message on Friday, we will be
holding two sets of IRC office hours on Wednesday 25 July. I will
be present, with Barry, Anasuya (our new Director of Global
Learning and Grantmaking) and Asaf, to answer any questions you
have about the FDC process and the steps outlined here; in
particular, the first step of establishing the eligibility to
apply to the FDC. Office hours will be held:
· 16:00-17:00 UTC/09:00 PDT Wednesday, July 25th
· 23:00-23:59 UTC/16:00 PDT Wednesday, July 25th
Please join us during these times
athttp://meta.wikimedia.org/wiki/IRC_office_hours
We are excited to get this process launched and want to send a
huge thank you to all of you who were involved in getting it
kicked off!
All the best,
Garfield Byrd, WMF Chief of Finance and Administration
[1]
http://wikimediafoundation.org/wiki/Resolution:Funds_Dissemination_Committee_framework_and_initial_operation
[2]
<http://meta.wikimedia.org/wiki/Funds_Dissemination_Committee/Draft_FDC_Proposal_for_the_Board>http://meta.wikimedia.org/wiki/Funds_Dissemination_Committee/Framework_for_the_Creation_and_Initial_Operation_of_the_FDC<http://meta.wikimedia.org/wiki/Funds_Dissemination_Committee/Draft_FDC_Proposal_for_the_Board>
[3]
http://meta.wikimedia.org/wiki/Funds_Dissemination_Committee/Call_for_Volunteers
[4]
http://meta.wikimedia.org/wiki/Funds_Dissemination_Committee/2012_Round_1_Eligibility_Status
[5]
http://meta.wikimedia.org/wiki/Funds_Dissemination_Committee/Sample_letter_of_intent_and_eligibility_checklist
[5] http://meta.wikimedia.org/wiki/Grants:Index
--
Melanie L. Brown
HR Administrator
Wikimedia Foundation
415.839.6885 ext 6690
415.882.0495 (fax)
www.wikimediafoundation.org <http://www.wikimediafoundation.org>
/Imagine a world in which every single human being can freely share in
the sum of all knowledge. That's our commitment./
https://donate.wikimedia.org/
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