Thanks for the question, James. Performance benchmarking for the Wikimedia Endowment is described in the Investment Policy, which can be found here: https://meta.wikimedia.org/wiki/Wikimedia_Endowment#Endowment_Investment_Policy
On Fri, Jan 19, 2018 at 1:00 AM, James Salsman <jsals...@gmail.com> wrote: > Thanks, Zack. > > Does anyone know what interest rates the $56 million short-term and $6 > million long-term investments earn? > > Are the CFO and the Endowment benchmarking their performance against > commercial institutional endowment-grade mutual funds? I recently wrote the > below to regulators; I hope it helps explain this question: > > --- excerpt --- > > ...Regarding the extent to which index funds may be siphoning wealth > very sharply upward because of questionable inefficient practices in > capital services, you know index funds comprise a huge portion of > consumer savings and investment. I noticed that they have reliably > been underperforming mutual funds such as institutional endowment > funds which aren't required to rebalance, but follow the same general > investment strategy.... > > https://sites.hks.harvard.edu/fs/rzeckhau/EndowmentsPaperPartII.pdf > > https://institutional.vanguard.com/iam/pdf/EndowmentPerformanceResearch. > pdf > > https://personal.vanguard.com/pdf/s342.pdf > > > On Fri, Jan 19, 2018 at 12:35 AM, Zachary McCune <zmcc...@wikimedia.org> > wrote: > > > Hello all- > > > > > > Last year, the Wikimedia Foundation received more than 6 million > donations > > to support free knowledge. Today, we would like to share the Foundation’s > > 2016 - 2017 Annual Report which helps document how those donations were > put > > to use. [1] > > > > This Report is meant mostly for donors, but it may be of use to any > > audience looking to learn more about the Wikimedia Foundation, our > > activities, and our community support. > > > > In (very) brief, last year: > > > > * We worked on building safer communities with new tools like Abuse > Filter > > and Mute to reduce harassment on Wikipedia. > > > > * We improved our services for mobile devices: making images smaller and > > articles load faster, streamlining our apps to assist users. > > > > * We partnered with international organizations to add missing languages > > and knowledge to our sites. > > > > Over 2017, our grants team disbursed 392 grants totaling more than 7 > > million dollars. More than half of these grants went to emerging > > communities. [2] > > > > We also began to plan the future of our movement, holding months of > > discussions with thousands of volunteers. We were guided by a recurring > > phrase that has become the theme of this year’s Annual Report: Knowledge > > belongs to all of us. > > > > Everything listed and linked above is possible because of you, the > > Wikimedia movement. Y’all are great. > > > > So please take a look at the 2016-2017 Wikimedia Foundation Annual > Report, > > and if you are moved- share it with a friend. > > > > > > > > Thank you, > > > > - Zack McCune, Danny Kaufman, Lena Traer, Heather Walls, María Cruz, Ravi > > Ayyakkannu, Caitlin Cogdill (the 2017 Annual Report team) > > > > > > > > [1] https://annual.wikimedia.org/2017/ > > > > [2] https://annual.wikimedia.org/2017/community.html > > > > -- > > Zachary McCune > > Global Audiences > > Wikimedia Foundation > > > > zmcc...@wikimedia.org > > _______________________________________________ > > Wikimedia-l mailing list, guidelines at: https://meta.wikimedia.org/ > > wiki/Mailing_lists/Guidelines and https://meta.wikimedia.org/ > > wiki/Wikimedia-l > > New messages to: 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 and https://meta.wikimedia.org/ > wiki/Wikimedia-l > New messages to: 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 and https://meta.wikimedia.org/wiki/Wikimedia-l New messages to: Wikimedia-l@lists.wikimedia.org Unsubscribe: https://lists.wikimedia.org/mailman/listinfo/wikimedia-l, <mailto:wikimedia-l-requ...@lists.wikimedia.org?subject=unsubscribe>