Resolution:Approving the Wikimedia Foundation 2018-19 Annual Plan

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    Resolutions Approving the Wikimedia Foundation 2018-19 Annual Plan Feedback?
    The Approving the Wikimedia Foundation 2018-19 Annual Plan was approved by the Board of Trustees on June 12, 2018

    Resolved, the Board of Trustees hereby approves management's proposed annual plan for the 2018-­19 fiscal year, which includes $93.1 million of revenues and $92.9 million of expenses, including $5 million of contribution to the Endowment; and

    Resolved, during the year, if management anticipates the reserves will differ materially from the plan, the Board directs management to consult the Chair of the Audit Committee promptly.

    Quarterly Breakdown of the Annual Plan

    (All amounts in USD, in thousands)

    Q1 (Jul-Sept) Q2 (Oct-Dec) Q3 (Jan-Mar) Q4 (Apr-Jun) Total
    Revenues 11,647 64,165 10,175 7,138 93,125
    Operating Expenses 18,601 22,748 23,528 28,059 92,936
    Change in Net Assets (6,954) 41,417 (13,353) (20,921) 189
    Christophe Henner (Chair), Maria Sefidari (Vice Chair), Kelly Battles, James Heilman, Jimmy Wales, Nataliia Tymkiv, Alice Wiegand, Raju Narisetti, and Esra'a Al Shafei

    Not Present

    Dariusz Jemielniak