Forwarding from a non subscriber. Alex
---------- Forwarded message ---------- From: Ad Huikeshoven <[email protected]> Date: 2013/4/24 Subject: Question: How much does administration in Chapters cost the Wikimedia movement? To: [email protected] Hi Fae, Great question Fae. For a fundraising charity a breakdown in program, fundraising and administrative cost is natural, and in compliance with accountanting standards. As far as I know WMF reports according to FAS 117, see http://www.fasb.org/cs/BlobServer?blobcol=urldata&blobtable=MungoBlobs&blobkey=id&blobwhere=1175820923228&blobheader=application%2Fpdf In the UK the standard would be SORP. Wikimedia Nederland adopted Richtlijn 650 which is mandatory for getting a certificate from CBF, see http://www.rjnet.nl/Documents/Uitingen%202011/0000034578_RJ-Uiting%202011-1%20dd%2031-01-11.pdf and http://www.cbf.nl/CBF-Beoordelingen/criteria-keur.php. The accounting standards give guidelines about what can be allocated to program costs, what should be included in fundraising cost and what are administrative cost. FDC entities are required to produce audited financial statements. The external auditor will review allocation of cost and transparency of explanatory notes. International charity guideline is to have program:fundraising:administrative cost ratios according to 75:10:15, noting the 10 and 15 are maximums. A source for these ratios is http://www.charitynavigator.org/index.cfm?bay=content.view&cpid=48 Costs of evaluating impact of programs. Would you include those cost in administrative costs? Could costs of impact evaluations be part of program cost. If not, why not? If yes, what is your rationale? Greetings and regards, Ad Huikeshoven Treasurer Wikimedia Nederland _______________________________________________ Wikimedia-l mailing list [email protected] Unsubscribe: https://lists.wikimedia.org/mailman/listinfo/wikimedia-l
