Nathan wrote: >To return to the endowment again as the main topic, I think there are >some risks we need to consider in an endowment. In general I think >having an endowment is a good idea for a charitable institution, and >certainly the WMF needs a strategic reserve of some size to maintain >operations in the event of a crisis. But a lot of thought has to go >into the target size of that fund, the nature of its fundraising, how >or whether it is used, and what role (and of what prominence) it plays >in WM/WMF public relations. > >[...]
These are all good points. I suggested quite recently that the Board pass a resolution creating a committee to examine the points you raise and additional questions outlined here: <https://meta.wikimedia.org/wiki/Endowment/Questions>. I continue to think that we (as a community) are still not at a place where we can make good judgments about whether to set up an endowment. There simply isn't enough information available to make a sound decision, in my opinion. That said, the idea of creating an endowment does seem like an idea that has broad support for further consideration and exploration, which is why I think an investigative or exploratory committee would make a lot of sense here and now. Thoughts? MZMcBride _______________________________________________ Wikimedia-l mailing list Wikimedia-l@lists.wikimedia.org Unsubscribe: https://lists.wikimedia.org/mailman/listinfo/wikimedia-l