On Mon, Feb 1, 2016 at 3:19 PM, C. Scott Ananian <canan...@wikimedia.org> wrote: > Sue explained to me that the goal was to have WMF's budget be roughly 50% > grants and 50% user contributions to guard against unexpected fragility > with either of these funding sources.
If that was the goal, it does not seem to have been reached. Even in the 2008-2009 financial year, when the budget was $6 million and the foundation received a million-dollar grant from the Stanton Foundation, restricted grants did not reach 20% of the budget. Since then, fundraising has grown enormously, so that the Knight Foundation grant comes to less than 1% of what fundraising produces. Are we sure that it won't consume more than 1% of our organizational attention? In any event, isn't this the whole point of having an endowment? _______________________________________________ Wikimedia-l mailing list, guidelines at: https://meta.wikimedia.org/wiki/Mailing_lists/Guidelines New messages to: Wikimedia-l@lists.wikimedia.org Unsubscribe: https://lists.wikimedia.org/mailman/listinfo/wikimedia-l, <mailto:wikimedia-l-requ...@lists.wikimedia.org?subject=unsubscribe>
