As good as having an endowment might be, I would like to see substantial
improvements to WMF's budget transparency and annual plan process before
the fundraising for an endowment starts.

Pine
On Dec 1, 2015 15:25, "Risker" <risker...@gmail.com> wrote:

> 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
> > > Wikimedia-l@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
> > Wikimedia-l@lists.wikimedia.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
> Wikimedia-l@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
Wikimedia-l@lists.wikimedia.org
Unsubscribe: https://lists.wikimedia.org/mailman/listinfo/wikimedia-l, 
<mailto:wikimedia-l-requ...@lists.wikimedia.org?subject=unsubscribe>

Reply via email to