Endowment:Financial statements/2016-2023

From Wikimedia Foundation Governance Wiki

Wikimedia Endowment Financial Statement (June 30, 2016 - June 30, 2023) (PDF)


This is the financial statement for the Wikimedia Endowment for its first seven years when it was housed at the Tides Foundation, an organization that helps launch nonprofit and philanthropic organizations. During this time, the Wikimedia Endowment had US$15 million in investment results (12.5% of total gross revenue that was under management at Tides from inception to June 30, 2023). The Endowment paid US$1.5 million in total management fees to Tides over seven years (1.29%) in addition to US$132K (.11%) in payment processing fees, bank fees, and transaction fees. In 2023, the Endowment made US$4.5 million in grants including US$3.2 million to support technical innovation of the Wikimedia projects and a US$1.3 millon grant to the Wikimedia Foundation as reimbursement for expenses the Foundation incurred serving the Endowment in fiscal year 2022-2023 as it transitioned to a 501(c)3. The Wikimedia Endowment moved to an independent 501c3 charity in July 2023.

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