Just checking....
The meta page http://meta.wikimedia.org/wiki/Funds_Dissemination_Committee/2012_Round_1_El...
outlines that amongst the obligations is the fact of providing financial reports in English
"What we have considered as 'financial reports' : financial reports in English (per the Chapter Agreement) that offer complete details of an entity’s revenue and expenditure over the course of its fiscal year."
And errrrr.... yeah. I'd like to ask what is the level of requirement with regards to what is called "Financial reporting" and what do you exactly expect.
Because when we signed the agreement, back in 2005.... Financial Reporting was something quite basic (a paragraph or so in our annual report and a bunch of figures).
Last year, this page was set up http://meta.wikimedia.org/wiki/Financial_reports for reporting. But as discussed during the financial meeting, rather fail to meet a common ground as not all financial systems work the same.
Fundraising Agreement on the other hand does mention Financial reporting. But it absolutely does not mention that these should be in English. The exact wording of the FA is
Providing a copy of accurate and complete audited financial statements and the auditor’s letter to management, compiled by the auditor appointed by the board of the Chapter, for the 2011 fiscal year, by September 1, 2012 and on the same schedule for any Renewal Periods.
But.... I already feel sick in the stomach at the idea of translating our complete Financial Reports. See for example our financial report here: http://www.wikimedia.fr/sites/default/files/Comptes%202011%20certifi%C3%A9s.... It certainly does it great to understand better a financial situation.
But we probably need an in-between report systems :)
This was discussed during the Financial meeting, but I am not quite sure what is the outcome of the work done afterwards on the matter (something such as a common reporting document where we would add figures as much as we can).
What's the status on this ?
Florence
On 7/24/12 7:04 PM, Melanie Brown wrote:
Dear Wikimedia Community, As you may know, the Wikimedia Foundation Board of Trustees passed a resolution two weeks ago, to establish the Funds Dissemination Committee (FDC) [1]. Full details about the planned structure and processes of the FDC can be found in the framework proposed to the Board [2]. This framework was developed over the past few months with input from a variety of people across the movement. It is now time to set this plan in motion. There are a couple of next steps we want you to be aware of: 1. Establishing the first Funds Dissemination Committee:If you are interested in nominating yourself to serve either as an FDC member or as the FDC Ombudsperson, please submit your nomination by August 15th. The Board will appoint the first members by the beginning of September [3]. 2.Identifying eligible entities: Today, the Foundation has published a list of eligible entities [4]based on the eligibility criteria established in the framework [5]. Please let us know if you believe there are any corrections to be made to this list. Entities are categorised into ‘Yes’, ‘Yes, If’ and ‘No’ categories based on the eligibility criteria. Entities who are interested in applying for funds through the FDC but are ineligible due to compliance issues (i.e. those who fall into the ‘Yes, If’ category detailed in the list above) should work with the Foundation to develop a plan to correct compliance issues. Entities who are ineligible for other reasons - or who would prefer not to go through the FDC process in this round - may seek funding through the Wikimedia Foundation Grants Program[6]. 3.Beginning the applications process for the first round of funding:The first round of applications for funding will be due October 1st. FDCproposal formswill be posted on the FDC portal(a hub for FDC related information that is currently being set up) on Meta by August 1st. We strongly encourage eligible entities to begin filling out the proposals to the FDC well in advance of the October 1st deadline, particularly to support time for translation, if necessary, and to answer any questions or clarifications. I would appreciate entities who are interested in applying for the upcoming round of funding, emailing me as soon as possible stating your interest. In addition, do let me know if you have any questions, clarifications or concerns about meeting the eligibility gap. This will help us best support you. Additionally, as I mentioned in my message on Friday, we will be holding two sets of IRC office hours on Wednesday 25 July. I will be present, with Barry, Anasuya (our new Director of Global Learning and Grantmaking) and Asaf, to answer any questions you have about the FDC process and the steps outlined here; in particular, the first step of establishing the eligibility to apply to the FDC. Office hours will be held: · 16:00-17:00 UTC/09:00 PDT Wednesday, July 25th · 23:00-23:59 UTC/16:00 PDT Wednesday, July 25th Please join us during these times athttp://meta.wikimedia.org/wiki/IRC_office_hours We are excited to get this process launched and want to send a huge thank you to all of you who were involved in getting it kicked off! All the best, Garfield Byrd, WMF Chief of Finance and Administration [1] http://wikimediafoundation.org/wiki/Resolution:Funds_Dissemination_Committee_framework_and_initial_operation [2] <http://meta.wikimedia.org/wiki/Funds_Dissemination_Committee/Draft_FDC_Proposal_for_the_Board>http://meta.wikimedia.org/wiki/Funds_Dissemination_Committee/Framework_for_the_Creation_and_Initial_Operation_of_the_FDC<http://meta.wikimedia.org/wiki/Funds_Dissemination_Committee/Draft_FDC_Proposal_for_the_Board> [3] http://meta.wikimedia.org/wiki/Funds_Dissemination_Committee/Call_for_Volunteers [4] http://meta.wikimedia.org/wiki/Funds_Dissemination_Committee/2012_Round_1_Eligibility_Status [5] http://meta.wikimedia.org/wiki/Funds_Dissemination_Committee/Sample_letter_of_intent_and_eligibility_checklist [5] http://meta.wikimedia.org/wiki/Grants:Index-- Melanie L. Brown HR Administrator Wikimedia Foundation 415.839.6885 ext 6690 415.882.0495 (fax) www.wikimediafoundation.org http://www.wikimediafoundation.org
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