On Mon, Mar 18, 2013 at 12:53 PM, MZMcBride <z(a)mzmcbride.com> wrote:
Nathan wrote:
>To return to the endowment again as the main topic, I think there are
>some risks we need to consider in an endowment. In general I think
>having an endowment is a good idea for a charitable institution,
Yes and yes.
I suggested quite recently that the Board pass a
resolution creating a
committee to examine the points you raise and additional questions
outlined here: <https://meta.wikimedia.org/wiki/Endowment/Questions>.
I continue to think that we (as a community) are still not at a place
where we can make good judgments about whether to set up an endowment.
There simply isn't enough information available to make a sound decision,
in my opinion. That said, the idea of creating an endowment does seem like
an idea that has broad support for further consideration and exploration,
which is why I think an investigative or exploratory committee would make
a lot of sense here and now. Thoughts?
More information is certainly needed. It is bound up in other
strategic thinking, as others have noted.
I think we should set up a strategy committee, with a subgroup focused
on an endowment and long-term investment options.
SJ