[Wikimedia-l] Wikimedia (Foundation) endowment

[Peter Southwood]

Parallel to that question, is what happens to the endowment if the WMF is 
wound up. This would be of some interest to possible donors.
In principle I am in favour of an endowment.
Cheers,
Peter
----- Original Message ----- 
From: "phoebe ayers" <phoebe.wiki at gmail.com>
To: "Wikimedia Mailing List" <wikimedia-l at lists.wikimedia.org>
Sent: Thursday, March 14, 2013 10:52 PM
Subject: Re: [Wikimedia-l] Wikimedia (Foundation) endowment


> On Thu, Mar 14, 2013 at 1:47 PM, Lisa Gruwell 
> <lgruwell at wikimedia.org>wrote:
>
>> My team here at the foundation has begun to do a little leg work so that 
>> we
>> are ready to go, if the Board should decide to pursue an endowment.  We
>> have begun to "tip our toes" into the world of planned giving and have 
>> had
>> conversations with some of our major donors about it.  At this point, the
>> planned gifts are for general support, but our strategy would likely be 
>> to
>> direct these types of gifts to an endowment, if we go that route.  We 
>> also
>> set up a simple page on the foundation site about planned giving or 
>> "Legacy
>> Gifts," as we are calling it.
>> http://wikimediafoundation.org/wiki/Legacy_Gift
>>
>> So far, the conversations have gone well.  There is an interesting
>> challenge in that donors have to be convinced that the organization is
>> going to be relevant in 20 or 30 years (or in the case of an endowment –
>> forever).  I'd love to hear your best arguments for why that this true. 
>> (Or
>> maybe we could devote some thinking to this during the next strategic
>> planning process).
>>
>> Best,
>> Lisa Gruwell
>
>
> Thanks Lisa -- now *that's* a good question :) I added a quick section to
> the endowment page, if people want to discuss there:
> https://meta.wikimedia.org/wiki/Endowment#Will_we_be_relevant_in....3F
>
> -- phoebe
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