Resolution:Approving the Wikimedia Foundation 2017-18 Annual Plan
 | This proposal has been approved by the Wikimedia Foundation Board of Trustees. It may not be circumvented, eroded, or ignored by Wikimedia Foundation officers or staff nor local policies of any Wikimedia project. |
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| This resolution was approved at a meeting on June 16, 2017 |
Resolved, that the Board of Trustees hereby approves management's proposed 2017-18 annual plan, which includes $76.8 million of revenues and $78.8 million of expenses, including $5 million of contribution to the Endowment, and additionally $2 million of non-recurring expenses to be funded through the reserve; 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 millions)
| Q1 (Jul-Sept) | Q2 (Oct-Dec) | Q3 (Jan-Mar) | Q4 (Apr-Jun) | Total | |
|---|---|---|---|---|---|
| Revenues | 8.5 | 45.0 | 16.8 | 6.5 | 76.8 |
| Operating Expenses | (15.3) | (17.6) | (20.7) | (23.2) | (76.8) |
| Net | (6.8) | 27.4 | (3.9) | (16.7) | 0.0 |
| Non-recurring Expenses (a) | (1.3) | (0.2) | (0.2) | (0.3) | (2.0) |
| Change in Reserve | (8.1) | 27.2 | (4.1) | (17.0) | (2.0) |
- Notes
- (a) Brand Strategy, Movement Strategy, and Office Move
References
- Approve
- Christophe Henner (Chair), María Sefidari (Vice Chair), Dariusz Jemielniak, Kelly Battles, Nataliia Tymkiv, and Alice Wiegand
- Not present
- Jimmy Wales