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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