Thank you!!
On Fri, Jan 27, 2023, 5:55 PM Christophe Henner <christophe.henner(a)gmail.com>
wrote:
Thanks Caitlin!!!
Sounds like that answers perfectly the original questions and things are
going the way we were told, it just takes times :)
Thanks again and have a good day!
Christophe
Sent from my iPhone
On Jan 27, 2023, at 10:19 PM, Caitlin Virtue <cvirtue(a)wikimedia.org>
wrote:
?
Hi Christophe,
This thread has circled around the main question of will any decisions
around the endowment be transparent. The answer is yes.
The question of transparency has also become conflated with the mechanism
of how the money is held. The answer here is that we are working to
transition endowment funds out of Tides to the separate 501(c)(3) entity
that is already registered
<https://diff.wikimedia.org/2022/10/26/governance-updates-for-the-wikimedia-endowment/>
and the transition process will soon be underway.
Finally, to answer some questions that came up directly:
Is the Endowment an independent 501(c)(3) entity? Yes.
Is the money currently managed by Tides? Yes.
Will the money transition out of Tides to the new 501(c)(3)? Yes.
You can also find a similar reply that we gave earlier, on meta
<https://meta.wikimedia.org/wiki/Talk:Wikimedia_Endowment#Is_the_money_still_with_Tides?>
.
Regards,
Caitlin Virtue
Senior Director of Development
Wikimedia Foundation
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