Hmm. I'm not sure that everyone will agree on all of those values you espouse, Pine - they are laudable goals but as an organisation that also aims to be "neutral", moving in a left-of-centre direction might be frowned on by some.
Limiting investment options would also limit the returns on those investments - which would impact our mission (might be good, might be bad) - and limiting returns on investments would also in turn impact a lot of other things, for example, the recommended figures that the WMF and Chapters hold in reserve.
A complicated issue.
Richard Symonds Wikimedia UK 0207 065 0992
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On 15 October 2014 15:52, Nathan nawrich@gmail.com wrote:
On Wed, Oct 15, 2014 at 10:30 AM, Marc A. Pelletier marc@uberbox.org wrote:
On 10/15/2014 04:52 AM, Federico Leva (Nemo) wrote:
I suggest that you need a stricter definition to start with.
It's also highly disputable that the Foundation would be justified in reducing the fiduciary care it must employ in its investment strategy for a set of ill-defined objectives that fall entirely outside its mission - no matter how agreeable those objectives may be to many of the volunteers.
-- Marc
I'm not a natural fan of "divestment ethics", but I don't know that there is much dispute these days that it is possible to fulfill fiduciary duties *and* invest using values / ethics oriented strategy. Twenty years ago perhaps it was uncommon, but today ethical (or social responsibility) investment strategy is common among non-profits and there are many dedicated funds for the purpose. _______________________________________________ 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-request@lists.wikimedia.org?subject=unsubscribe