[Foundation-l] Remarks on Wikimedia's fundraiser

[Joan Goma]

I agree in the right measure. Planed income was 5M$ bigger than planed
expenses. Thats fine.

But actual income were 3M$ higher than planned. And actual expenses were
2,3M$ lower than planned yielding in more than twice savings than planed.

And it makes even more difficult to me to understand why we have 0,5M$
expenses in bank fees, 0,4M$ in capital expenditures and not a single cent
in financial incomes.



Message: 10
> Date: Mon, 7 Mar 2011 18:48:34 +0000
> From: David Gerard <dgerard at gmail.com>
> Subject: Re: [Foundation-l] Remarks on Wikimedia's fundraiser
> To: Wikimedia Foundation Mailing List
>        <foundation-l at lists.wikimedia.org>
> Message-ID:
>        <AANLkTincRb1Nk-GzB1sDX4JLMGFDoLF9mr4O3Qt-6r6c at mail.gmail.com>
> Content-Type: text/plain; charset=UTF-8
>
> On 7 March 2011 18:19, Joan Goma <jrgoma at gmail.com> wrote:
>
> > Perhaps there is something I don't understand. It seems strange to me
> that
> > having 24M$ of current assets we don't have any financial income but
> 0,5M$
> > bank fees.
>
>
> AIUI, it was long a goal for the foundation *not* to be living hand to
> mouth, but to start keeping an actual reserve to hand.
>
>
>