[Foundation-l] Omidyar Network Commits $2 Million Grant to Wikimedia Foundation

[Gregory Maxwell]

On Tue, Aug 25, 2009 at 5:47 PM, Steven Walling<steven.walling at gmail.com> wrote:
> I think everyone needs to calm down a little.
> Remember that we just got 2 million dollars to further our mission, and that
> the board seat appointment (which isn't an unusual practice, at least in my
> experience) does nothing to impede our work and the positive impact we can
> have. It's the exact opposite, in fact.

Indeed. Per the FAQ — it's a $2m unrestricted grant paid out in four chunks.

Grants that big without specific targeted goals are somewhat unusual.
Arguably the imposition of goals has a lot more influence on the
operation of an origination than a simple board seat, even if it's a
voting seat.