[Wikimedia-l] Wikimedia (Foundation) endowment

[rupert THURNER]

currently the bylaws say: transfer the money to any 501(c)
organisation. wmf would not be allowed to be charitable in switzerland
as it is not guaranteed the donors money end up what it was ment for:
http://wikimediafoundation.org/wiki/Bylaws#Section_2._Distribution_of_Assets.

rupert.

On Fri, Mar 15, 2013 at 6:17 AM, Peter Southwood
<peter.southwood at telkomsa.net> wrote:
> 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
>> _______________________________________________
>> Wikimedia-l mailing list
>> Wikimedia-l at lists.wikimedia.org
>> Unsubscribe: https://lists.wikimedia.org/mailman/listinfo/wikimedia-l
>>
>>
>> -----
>> No virus found in this message.
>> Checked by AVG - www.avg.com
>> Version: 2012.0.2240 / Virus Database: 2641/5673 - Release Date: 03/14/13
>>
>
>
> _______________________________________________
> Wikimedia-l mailing list
> Wikimedia-l at lists.wikimedia.org
> Unsubscribe: https://lists.wikimedia.org/mailman/listinfo/wikimedia-l