Which organizational values are you speaking about, Pine? The identified
Wikimedia values do not really speak to financial investment strategy.
Yes, thanks, those are relevant policies. It appears
that we don't have a
policy that aligns WMF's investment choices with organizational values. For
short-term investments where the goals are liquidity and preservation of
capital, I think that this alignment should be relatively easy to achieve.
For longer term funds that have the goal of accumulating returns, aligning
organizational values with ROI may be a little more challenging but
probably not impossible. Hopefully Garfield and/or Stu will comment on the
possibility of creating a policy about aligning investment choices with
organizational values. I think WMF's donors would appreciate having a
policy that they could look at, especially when considering a possible WMF
On Mon, Oct 13, 2014 at 3:23 PM, James Alexander <jalexander(a)wikimedia.org
> On Mon, Oct 13, 2014 at 12:14 PM, Pine W <wiki.pine(a)gmail.com> wrote:
> > Hi Garfield,
> > Thanks for the update.
> > Is there public
documentation somewhere about WMF investment policy?
the investments, how was that firm or people chosen, and how
is the performance and risk of the portfolio and
the investment manager
reviewed by the Board? I am particularly interested in making sure that
> investments chosen are in alignment with the values of the Foundation
> have suitable risk levels, and I hope that
the Board reviews these
> > periodically.
> Hey Pine, it looks like you may be looking for
> and https://wikimediafoundation.org/wiki/Investment_Guidance
> I will say that as someone on the
internal 401k committee ( employee
> retirement program) mission and values driven decisions are incredibly
> difficult to balance well with our legal fiduciary responsibility and so
> always ended up having to be a secondary (though not ignored) issue. That
> is, however, a bit of a different case then the greater WMF investments
> since our main job is to make sure good 'options' are available for the
> staff to choose from rather then actually controlling their money.
> James Alexander
> Legal and Community Advocacy
> Wikimedia Foundation
> (415) 839-6885 x6716 @jamesofur
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