News from the WMF
Governance updates from, and for, the Wikimedia Endowment
- This article was first published on October 26, 2022 on the Wikimedia Foundation's Diff blog, with the title "Governance updates for the Wikimedia Endowment", CC-BY-SA 3.0. Lisa Seitz-Gruwell is President of the Wikimedia Endowment, as well as Deputy to the CEO and Chief Advancement Officer of the Wikimedia Foundation.
A year ago we announced that the Wikimedia Endowment reached its initial $100 million fundraising goal. Launched in 2016 to support the future of Wikimedia projects, the Endowment is a permanent fund that helps protect Wikipedia and Wikimedia projects in times of uncertainty and enables long-term investments to support their growth. This early achievement was a testament to the generosity of Endowment donors and the value of Wikimedia projects in today’s world.
Today, we’re sharing more updates on the progress of the Endowment since last year, including new governance and operational policies to set the Endowment up for success to serve Wikipedia and Wikimedia projects.