zlacker

Also related, in the Signpost, Wikipedia's community newspaper:

Special report: "Wikipedia's independence" or "Wikimedia's pile of dosh"?

https://en.wikipedia.org/wiki/Wikipedia:Wikipedia_Signpost/2...

Opinion: The Wikimedia Endowment – a lack of transparency

https://en.wikipedia.org/wiki/Wikipedia:Wikipedia_Signpost/2...

>>akolbe+(OP)
Looks like dealing with IRS bureaucracy is the reason why the endowment is not a separate legal entity yet [1].

[1] https://meta.wikimedia.org/wiki/Wikimedia_Endowment/Updates/...

>>mschus+Q1
Correct, the application is pending. However, the application was made years later than originally promised. Over the past six-and-a-half years, the endowment has accumulated over $100 million, with not a single audited financial statement ever published.

>>akolbe+c2
Is that necessary (or even legally possible) as long as Tides itself passes its financial audits and files appropriate documentation?

(Note, I don't have any stakes in that debate, besides occasionally uploading drone photography to Commons)