Talk:Wikimedia Endowment

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Financial Statements published

Hi all,

A quick note to let you all know that the financial statements of the Endowment from 2016-2023 have been published on Governance Wiki.

Best, JBrungs (WMF) (talk) 15:16, 28 September 2023 (UTC)

broken link

In the second paragraph, second sentence, there is a redlink which should go to an IRS determination letter. Kablammo (talk) 13:01, 20 November 2023 (UTC)

REITs vs. homebuilders

How do Endowment officials feel about moving from real estate to equities working to alleviate the housing crisis? Competing with homebuyers and exposure to commercial real estate during the remote work revolution both seem questionable, if for different reasons. Sandizer (talk) 22:48, 22 November 2023 (UTC)

Hi @Sandizer, thanks for the question. The Endowment team is currently reevaluating its asset allocation, in general. This may lead to a reduced exposure to REITs. Primarily, this decision will be informed based on the Endowment’s risk appetite, return needs, and Spending Policy goals. The Endowment is not an impact investor – any exposure to the residential sector of the real estate market is limited (based on allocations within the respective REIT managers). The REITs the Endowment is currently invested in do provide diversification through exposure to sectors like Data Centers, Healthcare, Industrial, Self-Storage, etc. Because sectors like Office Space and Towers may be highly sensitive to the new nature of the post-COVID economy, the Endowment may reconsider its real estate allocation on a risk/return basis rather than on an activism-oriented investment strategy. CVirtue (WMF) (talk) 21:50, 28 November 2023 (UTC)