[Wikimedia-l] Wikimedia (Foundation) endowment

[Thomas Dalton]

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
already
> 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.