Hi Samuel, On Mon, Jul 5, 2010 at 11:59 AM, Samuel J Klein <s...@wikimedia.org> wrote:
> One can always keep increasing operational spending. Reserves or > long-term funds should grow in tandem with those increases -- > otherwise as we come to rely on this new spending, there is additional > risk that efforts may collapse if funding dries up. Example: the > coming year's Annual Plan includes a 50% drop in our effective reserve > -- the reserve is staying the same while the annual budget doubles. > My point was that working on an endowment at the current situation isn't a very sensible thing to do. An endowment isn't a reserve, though, so I'm not sure where the two are related here. The former is a means to generate revenue, the later a means to handle revenue shortfalls. It makes sense of course to have your reserves grow with your spending. Neither I nor anyone else was advocating something different. > Regardless of what we do with reserves and long-term funds, keeping > the projects online forever was the premise of the last fundraiser. > We have an immediate obligation to make progress towards that goal. A > new datacenter will help, but I'd like to see specific long-term > forecasts and plans published. Isn't the strategy project providing just that? Best regards, Sebastian Moleski President Wikimedia Deutschland _______________________________________________ foundation-l mailing list foundation-l@lists.wikimedia.org Unsubscribe: https://lists.wikimedia.org/mailman/listinfo/foundation-l
