I added a section to the talk page asking about how we would actually go
about investing... the purpose of an endowment is to let it grow and just
spend some of the interest, but that growth doesn't happen in a vacuum.
Investment happens by putting money into other peoples' businesses and
letting them pay you back with interest.
So we'd be asking donors for tens of millions of dollars to invest in
third-party businesses -- a fundamental change in our fundraising
proposition. Thinking about our social responsibility as an investor is
On Mon, Nov 30, 2015 at 9:09 AM, Lisa Gruwell <lgruwell(a)wikimedia.org>
For several years, the Wikimedia movement has been having discussions
<https://meta.wikimedia.org/wiki/Endowment> about whether and when to
building an endowment. I put an essay up on meta recently in an attempt to
rekindle this conversation with the community. We included launching an
endowment in the FY 2015-16 annual plan. We also plan to have this
conversation as a part of the larger strategic planning process because
building an endowment means prioritizing some future needs over some
Before we can begin to support an endowment, there is strategic groundwork
that should be completed to ensure that the effort is both thoughtful and
successful. To help get the conversation moving, I seeded the discussion
page with a few questions that we are hoping you will help us answer.
Please add the questions I didn't think to ask, too. We'd appreciate
hearing your thoughts on this and your help in thinking through some of the
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