thekohser   WMF banks $11 million  
Selina   can has  
Cock-up-over-conspiracy   They are trying to get enough in the bank so that ...  
Jmh649   This is a really smart strategy. If only our gove...  
thekohser   This is a really smart strategy. If only our gov...  
anthony   I'm not sure it's a "really smart st...  
Milton Roe   This is a really smart strategy. If only our go...  
anthony   Well, naturally it should be split up into separa...  
Kelly Martin   Banks are banned by law from paying interest on ch...  
Somey   Pretty sure it isn't, as my checking account h...  
anthony   Pretty sure it isn't, as my checking account ...  
Milton Roe   [quote name='Somey' post='252900' date='Sat 18th ...  
thekohser   Of course, if you can get 0.75% higher interest i...  
Cock-up-over-conspiracy   In their business, it would be smarter than spendi...  
EricBarbour   As I said long ago, any smart nonprofit would firs...  
Somey   As I said long ago, any smart nonprofit would firs...  
thekohser   I think it's rather comical that the Wikimedia...  
Jon Awbrey   If a web-based company can't even get this ba...  
thekohser   ROTFALOLATWTTB Jon :P I'll give it a try.....  
Jon Awbrey   ROTFALOLATWTTB Jon :P I'll give it a try ...  
thekohser   All The Way To The Bank — Jon :P I like...  
Peter Damian   I missed this thread when it came out. Truly asto...  
thekohser   The financial reports here http://wikimediafounda...  
anthony   [quote name='Peter Damian' post='252862' date='Sa...  
Peter Damian   [quote name='Peter Damian' post='252862' date='S...  
Emperor   The funny thing about all these nonprofits banking...  
Peter Damian   I looked up the distinction. A 'checking acco...  
NuclearWarfare   I looked up the distinction. A 'checking acc...  
Peter Damian   [quote name='Peter Damian' post='252883' date='Sa...  
Avirosa   The figure that Greg was concerned with (I think...  
thekohser   Of course $34m dollars could be put to much ...  
Jon Awbrey   [quote name='Avirosa' post='252913' date='Sat 18t...  
Cock-up-over-conspiracy   Hey, Virus, could you let us know, in a nutshell, ...  
Avirosa   Or perhaps that are just so much in a frenzy with ...  
Peter Damian   Firstly WMF doesn't have a defined beneficiar...  
Avirosa   [quote name='Avirosa' post='252970' date='Sun 19t...  
Cock-up-over-conspiracy   In the case of WMF the core 'need satisfaction...  
Avirosa   [quote name='Avirosa' post='252970' date='Sun 19t...  
Avirosa   [quote name='Avirosa' post='252913' date='Sat 18t...  
EricBarbour   However - the $20m is an ambition which is ba...  
taiwopanfob   [quote name='Peter Damian' post='252883' date='Sa...  
Avirosa   One would [i]think that a tax deductible charity ...  
Milton Roe   [quote name='taiwopanfob' post='252912' date='Sat...  
Cock-up-over-conspiracy   For less than $11m you can buy a bank. It is ...  
anthony   For less than $11m you can buy a bank. I w...  
Daniel Brandt   About interest from a nonprofit checking account.....  
EricBarbour   My 501c3 (same nonprofit status as Wikimedia) has ...