There's a bit more context from the Foundation Board Q&A at the Chapters
meeting, here:
http://etherpad.wikimedia.org/wmcon12-day2-board-chapters

I am very pleased that we now have this issue settled. The argument that we
collectively made to the Foundation was that we would be able to raise more
money for the movement by continuing to participate in the fundraiser
(mainly, but not only, via Gift Aid) and also that we would be better able
to build relationships with donors, broaden our sources of funding, and
potentially involve donors in editing, outreach or other aspects of our
work. Wikimedia UK now has the chance to do some great things, which I'm
really looking forward to!

The amount of energy this issue has consumed over the last 8 months has
been immense - for me particularly, but also for many other people on the
Board (and also for the Foundation and other chapters). While it's never
going to go away completely, we I think this solution will work. It's a
shame that the Foundation decided to decide on the arbitrary inclusion of 4
chapters rather than setting a threshold - this is not what we wanted or
what we were arguing for - but this solution is definitely better than
continuing arguments...

Also, it's worth pointing out that there are two other  positive outcomes
of this process. Firstly the Foundation - in particular the Board - is
becoming more transparent, particularly about how different Board members
view different debates. Secondly, the Chapters Council has the potential to
be a major step forward, and that has only gained momentum because of the
ongoing fundraising debate...

*starts writing 2012 fundraising strategy*

Regards,

Chris
Wikimedia UK board

Chris
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