No, the Wikimedia Endowment is a separate thing. -- Yair Rand
בתאריך יום א׳, 13 בדצמ׳ 2020 ב-4:18 מאת Michael Peel < em...@mikepeel.net>: > https://meta.wikimedia.org/wiki/Wikimedia_Endowment ? > > On 13 Dec 2020, at 08:33, Yair Rand <yyairr...@gmail.com> wrote: > > According to the recent Independent Auditors' Report of the WMF [1], at > some point prior to the end of June 2020, an entity called the "Wikimedia > Knowledge Equity Fund" was established, and $8.723 million was transferred > to it by the WMF, in the form of an unconditional grant. The Fund is > "managed and controlled by Tides Advocacy" (a 501(c)(4) advocacy nonprofit > previously led by the WMF's current General Counsel/Board Secretary, who > served as CEO, Board Secretary, and Treasurer there). Given that a Google > search for "Wikimedia Knowledge Equity Fund" yields zero results prior to > the release of the report, it is clear that the WMF kept this significant > move completely secret for over five months, perhaps over a year. The > Report FAQ additionally emphasizes that the WMF "has no right of return to > the grant funds provided, with the exception of unexpended funds." > > The WMF unilaterally and secretly transferred nearly $9 million of > movement funds to an outside organization not recognized by the > Affiliations Committee. No mention of the grant was made in any Board > resolutions or minutes from the relevant time period. The amount was not > mentioned in the public annual plan, which set out rather less than this > amount for the entire grantmaking budget for the year. No application was > made through any of the various Wikimedia grants processes. No further > information has been provided on the administration of this new Fund, or on > the text of the grant agreement. > > I am appalled. > > -- Yair Rand > > [1] > https://upload.wikimedia.org/wikipedia/foundation/f/f7/Wikimedia_Foundation_FY2019-2020_Audit_Report.pdf > _______________________________________________ > Wikimedia-l mailing list, guidelines at: > https://meta.wikimedia.org/wiki/Mailing_lists/Guidelines and > https://meta.wikimedia.org/wiki/Wikimedia-l > 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 > <wikimedia-l-requ...@lists.wikimedia.org?subject=unsubscribe>> > > > _______________________________________________ > Wikimedia-l mailing list, guidelines at: > https://meta.wikimedia.org/wiki/Mailing_lists/Guidelines and > https://meta.wikimedia.org/wiki/Wikimedia-l > 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> >
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