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Revision as of 08:30, 10 August 2023 view sourceJimbo Wales (talk | contribs)Extended confirmed users, Founder14,538 edits Endowment← Previous edit Revision as of 08:32, 10 August 2023 view source Jimbo Wales (talk | contribs)Extended confirmed users, Founder14,538 edits EndowmentNext edit →
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:Per its Forms 990N (available by searching "87-3024488" on https://apps.irs.gov/app/eos/), it had "Gross receipts not greater than" $100,000 from 07/01/2021-06/30/2023, so I'm not sure where the $100 million number in the Foundation's annual report is coming from. — ] (] • ]) 00:12, 10 August 2023 (UTC) :Per its Forms 990N (available by searching "87-3024488" on https://apps.irs.gov/app/eos/), it had "Gross receipts not greater than" $100,000 from 07/01/2021-06/30/2023, so I'm not sure where the $100 million number in the Foundation's annual report is coming from. — ] (] • ]) 00:12, 10 August 2023 (UTC)
::I think that may be because the bulk of its funds were held for management by the ], presumably ](?) ] (]) 02:38, 10 August 2023 (UTC) ::I think that may be because the bulk of its funds were held for management by the ], presumably ](?) ] (]) 02:38, 10 August 2023 (UTC)
:::I do not personally know the day to day valuation of the endowment - it fluctuates of course with market conditions. I think it highly unlikely, as a side note, that AI billionaires seeking to launder their reputations would start with the WMF Endowment fund, since the endowment clearly has no ability to impact that whatsoever.--] (]) 08:30, 10 August 2023 (UTC) :::I do not personally know the day to day valuation of the endowment - it fluctuates of course with market conditions. I think it highly unlikely, as a side note, that AI billionaires seeking to launder their reputations would start with the WMF Endowment fund, since the endowment clearly has no ability to impact that whatsoever. At the last board meeting, I advocated (with universal agreement from the rest of the board) that we should publish more information, more often, because the accustions of "secrecy" do give rise (unfairly) to strange ideas that are not true.--] (]) 08:30, 10 August 2023 (UTC)

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    Thoughts on propaganda?

    Hello Jimbo. What are your thoughts about Misplaced Pages forcefully used as propaganda? Misplaced Pages relies on reliable sources, but oftentimes historically reliable sources have been muzzled and used to only publish narratives favorable to the official narrative. For example in Guatemala, during the armed conflict that lasted around 40 years, the government routinely killed journalists, activists, critics that dared to speak too much against its interests. As a result, reliable sources during many years did not publish freely what they wanted but were likely heavily censored by the government. Even currently, a newspaper was shut down by the government. Its owner Jose Ruben Zamora and his lawyer were jailed on a disproportional persecution. Best regards, Thinker78 (talk) 02:49, 4 August 2023 (UTC)

    I think it is important to use diverse sources, particularly those outside the reach of authoritarian goverments. In the case of a country like Guatemala this may be easier than in other places, since there are many other Spanish-language news sources outside Guatemala.--Jimbo Wales (talk) 10:46, 4 August 2023 (UTC)

    Endowment

    Mr. Wales, do you know the current value of the Wikimedia Endowment? If so, can you share it? Why is it so secretive about its value and holdings? Sandizer (talk) 23:25, 9 August 2023 (UTC)

    Secretive, Sandizer? Not really. It took me less than one minute on Google to find this WMF document. Cullen328 (talk) 23:39, 9 August 2023 (UTC)
    That's a year old, has a single digit of precision, and says nothing about holdings. What does it invest in? What has it invested in in the past? How often does it change investments? What are the criteria for how and how often to do so? These questions are important because as the next generation of AI billionaires attempt to launder their reputations through philanthropy, the Endowment is likely to benefit. Sandizer (talk) 23:44, 9 August 2023 (UTC)
    Per its Forms 990N (available by searching "87-3024488" on https://apps.irs.gov/app/eos/), it had "Gross receipts not greater than" $100,000 from 07/01/2021-06/30/2023, so I'm not sure where the $100 million number in the Foundation's annual report is coming from. — Mdaniels5757 (talk • contribs) 00:12, 10 August 2023 (UTC)
    I think that may be because the bulk of its funds were held for management by the Tides Foundation, presumably until a few weeks ago(?) Sandizer (talk) 02:38, 10 August 2023 (UTC)
    I do not personally know the day to day valuation of the endowment - it fluctuates of course with market conditions. I think it highly unlikely, as a side note, that AI billionaires seeking to launder their reputations would start with the WMF Endowment fund, since the endowment clearly has no ability to impact that whatsoever. At the last board meeting, I advocated (with universal agreement from the rest of the board) that we should publish more information, more often, because the accustions of "secrecy" do give rise (unfairly) to strange ideas that are not true.--Jimbo Wales (talk) 08:30, 10 August 2023 (UTC)
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