Heh. $100 million USD is just a little more than is raised (and spent) on an annual basis throughout all the Wiki-chapters and WMF, including grants that are separate from direct fundraising. It *might* last 5-7 years of bare-bones "keeping the lights on only" functions, but that would mean no software upgrades (except what volunteers do in accord with their own desire as opposed to actual need), no community support, no funds to chapters, no Wikimania or hackathons or other conferences, no support for free-as-in-libre work, and very little assurance that if there were major changes in the most commonly used platforms, the WMF would be able to keep up-to-date with this.
This is going to take a fair amount of thinking through, and needs to include our thinking about what we would consider the minimal operating functions of the project, and how long it would need to be able to proceed. Risker/Anne On 1 December 2015 at 18:09, Mardetanha <mardetanha.w...@gmail.com> wrote: > do we have any definite number that if reach then we would not any > fundraiser again in the future (I really would like to to see WMF in the > position in which, it would not need yearly fundraiser to stand up and keep > running ) , like 100 M mentioned in the meta page ? > > Mardetanha > > On Tue, Dec 1, 2015 at 4:22 PM, phoebe ayers <phoebe.w...@gmail.com> > wrote: > > > On Mon, Nov 30, 2015 at 12:09 PM, Lisa Gruwell <lgruw...@wikimedia.org> > > wrote: > > > Hi all- > > > > > > For several years, the Wikimedia movement has been having discussions > > > <https://meta.wikimedia.org/wiki/Endowment> about whether and when to > > begin > > > building an endowment. I put an essay up on meta recently in an attempt > > to > > > rekindle this conversation with the community. We included launching > an > > > endowment in the FY 2015-16 annual plan. > > > > Fantastic, this is exciting news. I am very happy to see this moving > > forward, and will comment on the talk page of the endowment essay. > > > > On Mon, Nov 30, 2015 at 1:01 PM, Brion Vibber <bvib...@wikimedia.org> > > wrote: > > > Thinking about our social responsibility as an investor is > > > probably worthwhile. > > > > I agree, and this is a good point to bring up. > > > > The endowment, if it's of a scale that will be effective, will have an > > investment manager and perhaps even an investment committee. I think > > directing that group to look at investment vehicles (i.e. mutual > > funds) with certain value guidelines in mind would be appropriate, > > much as we would direct them to have certain financial goals and > > levels of risk in mind. Figuring out what those values should be might > > not be so easy, but we could look at the investment policies of other > > large socially-minded organizations for ideas. > > > > best, > > Phoebe > > > > _______________________________________________ > > Wikimedia-l mailing list, guidelines at: > > https://meta.wikimedia.org/wiki/Mailing_lists/Guidelines > > Wikimediaemail@example.com > > Unsubscribe: https://lists.wikimedia.org/mailman/listinfo/wikimedia-l, > > <mailto:wikimedia-l-requ...@lists.wikimedia.org?subject=unsubscribe> > > > _______________________________________________ > Wikimedia-l mailing list, guidelines at: > https://meta.wikimedia.org/wiki/Mailing_lists/Guidelines > Wikimediafirstname.lastname@example.org > <https://meta.wikimedia.org/wiki/Mailing_lists/guidelineswikimedi...@lists.wikimedia.org> > Unsubscribe: https://lists.wikimedia.org/mailman/listinfo/wikimedia-l, > <mailto:wikimedia-l-requ...@lists.wikimedia.org?subject=unsubscribe> > _______________________________________________ Wikimedia-l mailing list, guidelines at: https://meta.wikimedia.org/wiki/Mailing_lists/Guidelines Wikimediaemail@example.com Unsubscribe: https://lists.wikimedia.org/mailman/listinfo/wikimedia-l, <mailto:wikimedia-l-requ...@lists.wikimedia.org?subject=unsubscribe>