Resolution:Approving the Wikimedia Foundation 2019-20 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. Please note that in the event of any differences in meaning or interpretation between the original English version of this content and a translation, the original English version takes precedence. |
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| This resolution was approved on June 14, 2019. |
RESOLVED, the Board of Trustees hereby approves management's proposed annual plan for the 2019-20 fiscal year, which includes US$111.7 million of revenues and US$111.5 million of expenses, including US$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
| Budget by quarter | Q1 | Q2 | Q3 | Q4 | FY19-20 |
|---|---|---|---|---|---|
| Total Revenue (including interest income) | 13.2 | 77.2 | 12.1 | 9.2 | 111.7 |
| Programmatic | 15.8 | 21.0 | 20.5 | 26.7 | 84.0 |
| Fundraising | 2.3 | 5.2 | 2.5 | 2.5 | 12.5 |
| General & Admin. | 3.8 | 3.7 | 4.0 | 3.5 | 15.0 |
| Total Expense | 21.9 | 29.9 | 27.0 | 32.7 | 111.5 |
| Change in net assets | (8.7) | 47.3 | (14.9) | (23.5) | 0.2 |
- Approve
- María Sefidari (Chair), Christophe Henner (Vice Chair), Dariusz Jemielniak, James Heilman, Nataliia Tymkiv, Raju Narisetti, Esra'a Al Shafei, Jimmy Wales, Tanya Capuano, and Lisa Lewin
References