Hi,

I'm happy to tell you that I have just posted to the Foundation website, the 2009-10 Annual Plan along with Questions and Answers. The resolution in the plan was unanimously approved by the full board.

To give you some context, the previous plan covering 2008-09, was the second official plan in the history of the Foundation and the first plan to set revenue targets; targets that called for doubling revenue from the previous year. We started building the 2008-09 plan just 15 weeks after opening the San Francisco office. Our priority at that time was to invest in revenue-generating staff while making small, essential investments in technology and programmatic activity,

We have ended 2008-09 having surpassed our revenue goals and having spent less than planned due to a conscientious reduction in spending from October through January in response to the global economic uncertainty.

The 2009-10 year again increases revenue. Spending increases are focused primarily in tech and other program spending including our key initiative for 2009-10, the collaborative strategy development project. Please take a look at the Annual Plan for more detail and information at: http://wikimediafoundation.org/wiki/Financial_reports#2009-2010_fiscal_year

Veronique