Endowment:Financial statements/2016-2023: Difference between revisions
Content deleted Content added
GVarnum-WMF (talk | contribs) m GVarnum-WMF moved page Wikimedia Endowment/Financial statements/2016-2023 to Endowment:Financial statements/2016-2023: Proper namespace per Manual of style |
LincolnBot (talk | contribs) m →{{int string|summary}}: clean up using AWB, replaced: Fiscal Year → fiscal year |
||
| (8 intermediate revisions by the same user not shown) | |||
| Line 1: | Line 1: | ||
[[ |
[[File:Wikimedia Endowment Financial Statement %28June 30%2C 2016 - June 30%2C 2023%29.pdf|thumb]] |
||
'''<big>[[Media: |
'''<big>[[Media:Wikimedia Endowment Financial Statement %28June 30%2C 2016 - June 30%2C 2023%29.pdf|Wikimedia Endowment Financial Statement (June 30, 2016 - June 30, 2023)]] (PDF)</big>''' |
||
== {{int string|summary}} == |
|||
==Summary== |
|||
This is the financial statement for the Wikimedia Endowment for its first seven years when it was housed at the Tides Foundation, an organization that helps launch nonprofit and philanthropic organizations. During this time, the Wikimedia Endowment had $15 million in investment results (12.5% of total gross revenue that was under management at Tides from inception to June 30, 2023). The Endowment paid $1.5 million in total management fees to Tides over seven years (1.29%) in addition to $132K (.11%) in payment processing fees, bank fees, and transaction fees. In 2023, the Endowment made $4.5 million in grants [ |
This is the financial statement for the Wikimedia Endowment for its first seven years when it was housed at the Tides Foundation, an organization that helps launch nonprofit and philanthropic organizations. During this time, the Wikimedia Endowment had US$15 million in investment results (12.5% of total gross revenue that was under management at Tides from inception to June 30, 2023). The Endowment paid US$1.5 million in total management fees to Tides over seven years (1.29%) in addition to US$132K (.11%) in payment processing fees, bank fees, and transaction fees. In 2023, the Endowment made US$4.5 million in grants [//diff.wikimedia.org/2023/04/13/launching-the-first-grants-from-the-wikimedia-endowment-to-support-technical-innovation-in-wikimedia-projects/ including US$3.2 million to support technical innovation of the Wikimedia projects] and a US$1.3 millon grant to the Wikimedia Foundation as reimbursement for expenses the Foundation incurred serving the Endowment in fiscal year 2022-2023 as it transitioned to a 501(c)3. The Wikimedia Endowment moved to an independent 501c3 charity in July 2023. |
||
==Glossary of Terms== |
== Glossary of Terms == |
||
* [ |
* [//www.investopedia.com/ask/answers/04/021204.asp Unrealized Gains\Losses] (Investopedia) |
||
* [ |
* [//www.investopedia.com/terms/r/realizedprofit.asp Realized Gains\Losses] (Investopedia) |
||
* [ |
* [//www.investopedia.com/terms/d/dividend.asp Dividends] (Investopedia) |
||
[[Category:Wikimedia Endowment{{#translation:}}|Financial statements/2016-2023]] |
[[Category:Wikimedia Endowment{{#translation:}}|Financial statements/2016-2023]] |
||
Latest revision as of 11:05, 29 March 2024
Wikimedia Endowment Financial Statement (June 30, 2016 - June 30, 2023) (PDF)
Summary
This is the financial statement for the Wikimedia Endowment for its first seven years when it was housed at the Tides Foundation, an organization that helps launch nonprofit and philanthropic organizations. During this time, the Wikimedia Endowment had US$15 million in investment results (12.5% of total gross revenue that was under management at Tides from inception to June 30, 2023). The Endowment paid US$1.5 million in total management fees to Tides over seven years (1.29%) in addition to US$132K (.11%) in payment processing fees, bank fees, and transaction fees. In 2023, the Endowment made US$4.5 million in grants including US$3.2 million to support technical innovation of the Wikimedia projects and a US$1.3 millon grant to the Wikimedia Foundation as reimbursement for expenses the Foundation incurred serving the Endowment in fiscal year 2022-2023 as it transitioned to a 501(c)3. The Wikimedia Endowment moved to an independent 501c3 charity in July 2023.
Glossary of Terms
- Unrealized Gains\Losses (Investopedia)
- Realized Gains\Losses (Investopedia)
- Dividends (Investopedia)