On 14 January 2016 at 18:41, Lisa Gruwell <[email protected]> wrote:
> > > The Wikimedia Endowment has been established as a Collective Action Fund > at Tides Foundation <https://www.tides.org/> as a permanent, > income-generating fund to support the Wikimedia projects. Tides has > over 40 > years of experience administering funds for nonprofits and helping to > launch such efforts. They often serve as fiscal sponsors for > organizations > when they are first starting out and will be providing administrative > support to the Wikimedia Endowment. The endowment will be independent > from > WMF but an Advisory Board, nominated by the WMF and appointed by Tides, > will make recommendations to Tides related to the endowment. We have > the > option in the future to transfer the endowment out of Tides to the WMF > or > to a new charitable entity. The endowment will continue to be a > permanent, > income-generating fund to support the Wikimedia projects under any > entity. > For now, we feel Tides is a great, cost effective place to start and we > will look at other options when the endowment reaches critical mass. > > Heh I remember those guys. Their fees were one of the costs that caused Citizendium so much trouble (not that Citizendium didn't have a bunch of other issues). Ah 2007. Fun times. -- geni _______________________________________________ Wikimedia-l mailing list, guidelines at: https://meta.wikimedia.org/wiki/Mailing_lists/Guidelines New messages to: [email protected] Unsubscribe: https://lists.wikimedia.org/mailman/listinfo/wikimedia-l, <mailto:[email protected]?subject=unsubscribe>
