Dear Caitlin, Thank you for the clarification. Is there any chance we might see audited financial statements covering the Endowment's past seven years, in a format comparable to the annually published, audited financial statements detailing the revenue and expenses of the Foundation,[1] and delivering the same level of transparency?
If not, why not? Best, Andreas [1] https://wikimediafoundation.org/about/financial-reports/ On Fri, Jan 27, 2023 at 9:19 PM Caitlin Virtue <cvir...@wikimedia.org> wrote: > Hi Christophe, > > This thread has circled around the main question of will any decisions > around the endowment be transparent. The answer is yes. > > The question of transparency has also become conflated with the mechanism > of how the money is held. The answer here is that we are working to > transition endowment funds out of Tides to the separate 501(c)(3) entity > that is already registered > <https://diff.wikimedia.org/2022/10/26/governance-updates-for-the-wikimedia-endowment/> > and the transition process will soon be underway. > > Finally, to answer some questions that came up directly: > > Is the Endowment an independent 501(c)(3) entity? Yes. > > Is the money currently managed by Tides? Yes. > > Will the money transition out of Tides to the new 501(c)(3)? Yes. > > You can also find a similar reply that we gave earlier, on meta > <https://meta.wikimedia.org/wiki/Talk:Wikimedia_Endowment#Is_the_money_still_with_Tides?> > . > > > Regards, > > Caitlin Virtue > > Senior Director of Development > > Wikimedia Foundation > > > _______________________________________________ > Wikimedia-l mailing list -- wikimedia-l@lists.wikimedia.org, guidelines > at: https://meta.wikimedia.org/wiki/Mailing_lists/Guidelines and > https://meta.wikimedia.org/wiki/Wikimedia-l > Public archives at > https://lists.wikimedia.org/hyperkitty/list/wikimedia-l@lists.wikimedia.org/message/3AMQSLJN2B76KSDVL2VBDD33E4MQE7PG/ > To unsubscribe send an email to wikimedia-l-le...@lists.wikimedia.org
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