(no title)
tim-- | 4 months ago
> ... [its mission is...] to act as a permanent fund that can support in perpetuity the operations and activities of current and future Wikimedia projects, which are projects that are approved by and advance the purposes of the Foundation or its successor if the Foundation ceases to exist
[0] https://wikimediaendowment.org/
[1] https://upload.wikimedia.org/wikipedia/foundation/f/f6/Wikim...
realharo|4 months ago
tim--|4 months ago
By having a separate fund that the Wikimedia Foundation can access to help Wikipedia to have the technical expertise and knowledge workers required to continue the work of the Wikimedia Foundation.
Should the Wikimedia Foundation cease to exist, the funds in the endowment can be redirected to a successor.
EDIT: this is similar in style to the UK's Guardian Foundation, who provides funding to The Guardian newspaper. https://theguardianfoundation.org/