2026-05-15T12:19:05+00:00 2025-06-30 135381590 BDO USA 601 UNION ST STE 2300 SEATTLE WA 981012317 990 2024-07-01 873024488 WIKIMEDIA ENDOWMENT WIKI 4158396885 1 SANSOME STREET SUITE 1895 SAN FRANCISCO CA 94104 Dhaval Patel Treasurer 4158396885 2026-05-15 true MATTHEW FRERKER P01677675 2063827777 2026-05-15 2024 2025-03-06 01:10:19Z DHAVAL PATEL 1 SANSOME STREET SUITE 1895 SAN FRANCISCO CA 94104 83536093 false X HTTPS://WIKIMEDIAENDOWMENT.ORG/ X 2021 CA THE MISSION OF THE WIKIMEDIA ENDOWMENT IS TO ACT AS A PERMANENT FUND THAT CAN SUPPORT IN PERPETUITY THE OPERATIONS AND ACTIVITIES OF CURRENT AND FUTURE WIKIMEDIA PROJECTS, WHICH ARE PROJECTS THAT ARE APPROVED BY AND ADVANCE THE PURPOSES OF THE WIKIMEDIA FOUNDATION OR ITS SUCCESSOR IF THE WIKIMEDIA FOUNDATION CEASES TO EXIST. IT AIMS TO CREATE A SOLID FINANCIAL FOUNDATION FOR THE FUTURE OF WIKIMEDIA PROJECTS. 11 11 0 14 0 129605799 11863214 0 0 2412407 21466367 0 0 132018206 33329581 2878345 3396880 0 0 0 0 0 0 1126014 2106672 2178549 4985017 5575429 127033189 27754152 144325622 170110244 0 702431 144325622 169407813 THE MISSION OF THE WIKIMEDIA ENDOWMENT IS TO ACT AS A PERMANENT FUND THAT CAN SUPPORT IN PERPETUITY THE OPERATIONS AND ACTIVITIES OF CURRENT AND FUTURE WIKIMEDIA PROJECTS, WHICH ARE PROJECTS THAT ARE APPROVED BY AND ADVANCE THE PURPOSES OF THE WIKIMEDIA FOUNDATION OR ITS SUCCESSOR IF THE WIKIMEDIA FOUNDATION CEASES TO EXIST. IT AIMS TO CREATE A SOLID FINANCIAL FOUNDATION FOR THE FUTURE OF WIKIMEDIA PROJECTS. false false 3679208 3396880 0 THE WIKIMEDIA ENDOWMENT PROVIDES FUNDING TO SUPPORT THE OPERATIONS AND ACTIVITIES OF WIKIMEDIA PROJECTS. IN FISCAL YEAR 2024-2025, THE FUNDING FOCUSED ON PROVIDING FINANCIAL SUPPORT FOR TECHNICAL INNOVATION IN THE WIKIMEDIA PROJECTS. 3679208 true true false false false false false false false true false false false false false false true false false false true true false false false false false true false false false false false false false false false false false false true false false false false false false false false false true 0 0 0 false false false false false false false false false false false false X 11 11 false true false false false false false true false false false false true true true true true true false false false false CA GA AL HI IL KS KY AK MD MA MI MN MS NH NJ NM NY NC OR PA RI SC TN UT VA WV WI X X Dhaval Patel 4158396885 1 SANSOME STREET SUITE 1895 SAN FRANCISCO CA 94104 X ANNETTE CAMPBELL-WHITE Chair 3.0 X X 0 0 0 ALEXANDER M FARMAN-FARMAIAN DIRECTOR 1.0 X 0 0 0 DORON WEBER DIRECTOR 2.0 X 0 0 0 JIMMY WALES Director 1.0 X 0 0 0 LAURA DUCHATELET DIRECTOR 1.0 X 0 0 0 LISA LEWIN DIRECTOR 1.0 X 0 0 0 MAYREE CLARK DIRECTOR 2.0 X 0 0 0 MICHAEL KIM DIRECTOR 1.0 X 0 0 0 PATRICIO LORENTE DIRECTOR 1.0 X 0 0 0 PETER BALDWIN DIRECTOR 1.0 X 0 0 0 PHOEBE AYERS DIRECTOR 2.0 X 0 0 0 Charles Roslof Secretary 1.0 X 0 0 0 DHAVAL PATEL TREASURER 28.0 X 0 0 0 Lisa Seitz President 12.0 X 0 0 0 0 0 0 false false false 0 11863214 64557 11863214 0 0 0 0 0 3688806 0 0 3688806 0 0 67984073 50206512 17777561 0 17777561 0 0 17777561 0 0 0 0 0 33329581 0 0 21466367 3100000 3100000 296880 296880 0 0 1279535 239922 442357 597256 6062 0 0 6062 39950 0 39950 0 241763 0 241763 0 192715 28174 6750 157791 0 0 0 24730 2684 1397 20649 DONATION PROCESSING FEE 342239 0 0 342239 OTHER 50405 11548 36840 2017 Bank Fees 1150 1150 0 0 0 0 5575429 3679208 770207 1126014 1316644 1790242 18786045 17707772 525607 409821 0 0 0 0 0 0 0 0 123441359 149959592 0 0 255967 242817 144325622 170110244 0 702431 0 0 0 0 0 702431 X 46573 306259 144279049 169101554 144325622 169407813 144325622 170110244 27754152 -2671961 0 X false true true false X 129605799 11863214 141469013 0 0 0 0 0 129605799 11863214 141469013 0 141469013 2407022 3688806 6095828 0 0 0 0 0 0 0 147564841 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 143620919 12158096 18559291 3396880 282328 958675 169700423 0 128901096 19673250 2878345 229410 1845672 143620919 0 0 0 0 0 0 0.0059 0.8312 0.1629 false false 30415857 -2671961 0 -2671961 33087818 241763 0 241763 33329581 5333666 0 0 5333666 241763 0 241763 5575429 Schedule D, Part V, Line 4 Intended uses of endowment funds The Endowment's purpose is to support the operations and activities of the Wikimedia projects in perpetuity - it is a fund for which the principal is not intended to be spent, but is instead used to generate income which can then be invested in the Wikimedia projects. true Europe (Including Iceland and Greenland) 0 0 Grantmaking 296880 0 0 0 0 0 0 296880 0 296880 Europe (Including Iceland and Greenland) FUNDING FOR KIWIX, OFFLINE WIKIPEDIA 296880 WIRE 0 0 0 1 0 false false false false false false Schedule F, Part I, Line 2 Procedures for monitoring use of grant funds The Wikimedia Endowment invites specific initiatives that support the Wikimedia projects to apply for funding. The current grantmaking strategy is focused on initiatives that support the technical innovation of the Wikimedia projects. The Endowment's Grantmaking and Community Committee reviews the proposals and recommends grants to the full board for their approval. WHEN AN APPLICANT IS AWARDED FUNDS, THE RECIPIENT COMPLETES ADDITIONAL SCREENING REQUIREMENTS AND SIGNS AN AGREEMENT. THE AGREEMENT STIPULATES THAT THEY WILL USE FUNDS FOR CHARITABLE PURPOSES CONSISTENT WITH THE WIKIMEDIA ENDOWMENT'S MISSION AND THE PURPOSES DESCRIBED IN THE AGREEMENT; THAT THEY AGREE TO THE REPORTING REQUIREMENTS, INCLUDING MAINTAINING RECEIPTS/DOCUMENTATION OF EXPENSES; THAT THEY AGREE TO PROCEDURES FOR NOTIFYING THE WIKIMEDIA ENDOWMENT OF IMPORTANT CHANGES THAT MAY AFFECT THE AGREEMENT; AND THAT THEY WILL NOTIFY THE WIKIMEDIA ENDOWMENT OF ANY UNSPENT FUNDS SO THAT THE RECIPIENT AND WIKIMEDIA ENDOWMENT CAN AGREE TO AN ALTERNATIVE SCHEDULE OR PURPOSE FOR THE USE OF FUNDS. ONCE EACH AGREEMENT IS COMPLETE, THE RECIPIENT MAY BE REQUIRED TO SUBMIT A NARRATIVE AND FINANCIAL REPORT OR SERIES OF REPORTS THAT DEMONSTRATE HOW THE FUNDS WERE SPENT AND DESCRIBE THE IMPACT OF THE WORK. Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual Schedule F, Part II, Line 1 Method used to account for expenditures on org's financial statements EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual true WIKIMEDIA FOUNDATION 1 SANSOME STE 1895 SAN FRANCISCO CA 94104 200049703 501(C)(3) 3100000 0 0 0 FOR ABSTRACT WIKIPEDIA, AI AND MACHINE LEARNING INFRASTRUCTURE, WIKIMEDIA COMMONS, AND WIKIDATA 1 0 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds The Wikimedia Endowment invites specific initiatives that support the Wikimedia projects to apply for funding. The current grantmaking strategy is focused on initiatives that support the technical innovation of the Wikimedia projects. The Endowment's Grantmaking and Community Committee reviews the proposals and recommends grants to the full board for their approval. WHEN AN APPLICANT IS AWARDED FUNDS, THE RECIPIENT COMPLETES ADDITIONAL SCREENING REQUIREMENTS AND SIGNS AN AGREEMENT. THE AGREEMENT STIPULATES THAT THEY WILL USE FUNDS FOR CHARITABLE PURPOSES CONSISTENT WITH THE WIKIMEDIA ENDOWMENT'S MISSION AND THE PURPOSES DESCRIBED IN THE AGREEMENT; THAT THEY AGREE TO THE REPORTING REQUIREMENTS, INCLUDING MAINTAINING RECEIPTS/DOCUMENTATION OF EXPENSES; THAT THEY AGREE TO PROCEDURES FOR NOTIFYING THE WIKIMEDIA ENDOWMENT OF IMPORTANT CHANGES THAT MAY AFFECT THE AGREEMENT; AND THAT THEY WILL NOTIFY THE WIKIMEDIA ENDOWMENT OF ANY UNSPENT FUNDS SO THAT THE RECIPIENT AND WIKIMEDIA ENDOWMENT CAN AGREE TO AN ALTERNATIVE SCHEDULE OR PURPOSE FOR THE USE OF FUNDS. ONCE EACH AGREEMENT IS COMPLETE, THE RECIPIENT MAY BE REQUIRED TO SUBMIT A NARRATIVE AND FINANCIAL REPORT OR SERIES OF REPORTS THAT DEMONSTRATE HOW THE FUNDS WERE SPENT AND DESCRIBE THE IMPACT OF THE WORK. METHOD OF ACCOUNTING: THE GRANTS AND EXPENDITURES REPORTED IN SCHEDULE I WERE BASED ON THE ACCRUAL METHOD OF ACCOUNTING. 6 64557 Market value 0 false true false Form 990, Part VI, Line 3 Delegation of management duties The Wikimedia Foundation plans and executes the budget and financial operations of the Endowment, as well as supervises exempt operations. Dhaval Patel and Lisa Seitz are officers of the Endowment and were compensated by the Wikimedia Foundation during the 2024 calendar year. The Endowment reimburses the Wikimedia Foundation under a cost-sharing agreement. The amounts of reportable compensation received for services provided to the Endowment are: Dhaval Patel: $326,938 Lisa Seitz: $135,588 Form 990, Part VI, Line 8b Documentation of meetings held by committees of governing body Minutes were not taken at committee meetings during this fiscal year; however minutes are now taken at committee meetings as of fiscal year 2025-2026. Form 990, Part VI, Line 11b Review of form 990 by governing body THE FIRST DRAFT OF THE 990 WAS DEVELOPED BY AN EXTERNAL ACCOUNTING FIRM UNDER THE DIRECTION OF THE WIKIMEDIA FOUNDATION CONTROLLER WITH ADDITIONAL GUIDANCE FROM THE CHIEF FINANCIAL OFFICER (CFO). IT WAS REVISED FOR ACCURACY AND COMPLETENESS BY THE CFO AND THE ENDOWMENT TREASURER. THEN A MEETING OF THE ENDOWMENT AUDIT COMMITTEE WAS HELD AT WHICH THE TREASURER AND EXTERNAL ACCOUNTING FIRM WALKED THROUGH THE DRAFT IN DETAIL FOR THE AUDIT COMMITTEE'S APPROVAL. THE ENDOWMENT PROVIDED THE MEMBERS OF THE GOVERNING BODY 7 DAYS NOTICE TO REVIEW THE COMPLETE COPY OF THE FORM 990 PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. Form 990, Part VI, Line 12c Conflict of interest policy THE ORGANIZATION'S BOARD MEMBERS, OFFICERS, EXECUTIVES, AND KEY EMPLOYEES (COVERED PERSONS) COMPLETE ANNUALLY A CONFLICT OF INTEREST STATEMENT THE PURPOSE OF WHICH IS TO IDENTIFY ANY PERSONAL, FAMILY AND/OR BUSINESS RELATIONSHIPS AND/OR TRANSACTIONS THAT MAY POSE A POTENTIAL CONFLICT. THE FILED CONFLICT OF INTEREST FORMS ARE SUBMITTED TO AND REVIEWED BY THE BOARD OR A COMMITTEE OF THE BOARD. ADDITIONALLY, COVERED PERSONS COMPLETE ANNUALLY A PLEDGE OF PERSONAL COMMITMENT THAT AFFIRMS THAT THE INDIVIDUAL IS IN COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY AND THAT THE INDIVIDUAL WILL PROMPTLY NOTIFY THE BOARD WHEN A CONFLICT OR POTENTIAL CONFLICT ARISES. FURTHERMORE, IN THE CASE OF A CONFLICT, THE INDIVIDUAL AGREES TO REFRAIN FROM USING HIS OR HER PERSONAL INFLUENCE TO ENCOURAGE THE WIKIMEDIA ENDOWMENT TO ENTER THE TRANSACTION AND MUST PHYSICALLY EXCUSE HIMSELF OR HERSELF FROM ANY FURTHER DISCUSSIONS OTHER THAN TO ANSWER QUESTIONS ABOUT THE TRANSACTION. IN THE CASE OF POTENTIAL CONFLICT, THE REMAINING BOARD MEMBERS REVIEW THE POTENTIAL TRANSACTION TO DETERMINE WHETHER SAID TRANSACTION IS FAIR AND REASONABLE TO THE WIKIMEDIA ENDOWMENT. Form 990, Part VI, Line 19 Required documents available to the public THE AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ON THE ENDOWMENT'S WEBSITE: HTTPS://WIKIMEDIAENDOWMENT.ORG/#REPORTS. THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE AT THE ENDOWMENT'S SECTION ON THE WIKIMEDIA FOUNDATION WEBSITE: HTTPS://FOUNDATION.WIKIMEDIA.ORG/WIKI/ENDOWMENT Form 990, Part VII, Section A, Line 1a, Column (D) FORM 990, PART VII THE ENDOWMENT DOES NOT HAVE ANY EMPLOYEES OF ITS OWN AND DOES NOT PAY COMPENSATION TO ANY STAFF. THE STAFF WHO SUPPORT THE ENDOWMENT ARE PAID BY THE WIKIMEDIA FOUNDATION, AND THE ENDOWMENT PAYS THE WIKIMEDIA FOUNDATION FOR THEIR SERVICES. FORM 990, PART VI, LINES 15A & 15B PROCESS TO ESTABLISH COMPENSATION THE WIKIMEDIA ENDOWMENT DOES NOT HAVE ITS OWN EMPLOYEES. THE ENDOWMENT'S ACTIVITIES ARE MANAGED BY EMPLOYEES OF THE WIKIMEDIA FOUNDATION PURSUANT TO A COST-SHARING AGREEMENT. ACCORDINGLY, THE ENDOWMENT ANSWERED "NO" TO THESE QUESTIONS BECAUSE IT DOES NOT DIRECTLY ESTABLISH COMPENSATION FOR ITS OWN CEO, OFFICERS, OR KEY EMPLOYEES. THE WIKIMEDIA FOUNDATION, HOWEVER, MAINTAINS A FORMAL COMPENSATION REVIEW AND APPROVAL PROCESS FOR ITS CEO, OFFICERS, AND KEY EMPLOYEES, WHICH INCLUDES THE PRESIDENT OF THE ENDOWMENT. THAT PROCESS INCLUDES REVIEW BY INDEPENDENT MEMBERS OF THE GOVERNING BODY OR AUTHORIZED COMMITTEES, THE USE OF COMPARABLE COMPENSATION DATA, AND CONTEMPORANEOUS DOCUMENTATION OF DELIBERATIONS AND DECISIONS.