My personal position is it is critical to have a stable organization before growing. The WMF has achieved greater stability over the last 1.5 years so I think further growth is becoming again a good idea.
James
On Mon, Aug 21, 2017 at 7:48 PM, Rogol Domedonfors domedonfors@gmail.com wrote:
I'm know that the WMF has determined that it should have some form of endowment, The question is -- as is usual in question of this sort -- one of balance: in this case, balance between current spending for the benefit of the projects today, and accumulating capital for the benefit of the projects tomorrow. I am asking the Board to say why they decided to strike that balance where they did -- given the obvious need for that support right now -- and whether it is appropriate for large donors to apparently influence that decision.
Reinhard
On Mon, Aug 21, 2017 at 3:02 PM, Yaroslav Blanter ymbalt@gmail.com wrote:
I am often critical of WMF, but I can only support this decision. The
idea
of creating of an environment was widely discussed in the community, including this mailing list, and had a widespread support. WMF merely follows the community wish in this case, and it is great to know that a donor agreed to match this amount.
Cheers Yaroslav
On Sat, Aug 19, 2017 at 12:58 PM, Vi to vituzzu.wiki@gmail.com wrote:
Caveat: I support a definitely more frugal WMF so also the endowment.
Try to read it from a different perspective. Before donating *lots* of money donor wants to be sure WMF will be truly committed in pursuing
the
plan of an endowment. Putting the same amount of money is a prove, for donors, WMF truly wants to create an endowment.
Vito
2017-08-19 10:33 GMT+02:00 Rogol Domedonfors domedonfors@gmail.com:
I was surprised to read the record https://wikimediafoundation.org/wiki/Resolution:Approval_ of_Endowment_funding_(Fiscal_Year_2016-2017)_and_matching_$ 5_million_gift_from_Peter_Baldwin_and_Lisbet_Rausing of the decision to place $5M into the endowment. After the
anouncement
by
Lisa Gruwell on this list https://lists.wikimedia.org/pipermail/wikimedia-l/2016- December/085712.html there was a discussion of what might be done with the funds raised,
and a
number of suggestions were made for how these funds could be used to directly support the work of the volunteers who contribute the
content
to
the projects, such as https://lists.wikimedia.org/pipermail/wikimedia-l/2017-
January/085835.html
.
It is disappointing that the Board has chosen not to fund support of
this
kind. What is more than disappointing, but positively disturbing is
that
the decision was made in the light of an offer from a donor to match
the
sum put into the endowment. I suggest that this was not a fair
offer,
and
the Board's decision was the wrong one. Effectively this donor has
said
to
the Board that they will pay the Foundation not to support the
volunteers,
and the Board has agreed to follow their wishes. If the donor
believes
so
strongly in the necessity to build up the mission by means of an
Endowment,
why did they not simply gift the money directly into the endowment
without
conditions? Equally, if the donor believes so strongly that money
should
not be spent supporting the volunteer community, then I challenge
them
to
say so explicitly in public and to defend their position.
I call on the Board to explain to the community of volunteers
precisely
why
they have chosen not to offer that support to the community and to
state
that they will not allow future decisions of this nature to be
influenced
by the wishes of one donor, however generous.
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