[Wikimedia-l] Wikimedia (Foundation) endowment

Thomas Dalton thomas.dalton at gmail.com
Fri Mar 15 21:36:52 UTC 2013

On Mar 15, 2013 9:26 PM, "Theo10011" <de10011 at gmail.com> wrote:
> A good way would be to start small and move the reserve WMF carries
> and invest them

Absolutely not. The reserves are there to protect the foundation against
sudden increases in costs or decreases in revenues. They are needed for
that purpose. If we're going to have an endowment, we need to fundraise
specifically for it.

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