Every so often I give a few bucks(far less than the worth of knowledge I got from it)

  • SHITPOSTING_ACCOUNT@feddit.de
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    1 year ago

    Absolutely not. They have way more money than they can sensibly spend, keep begging for more as if they could barely keep the lights on (they could probably easily keep the core mission going with about 10% of the money they’re getting), and then expand their spending to match the donations they collected.

    They then created an endowment (i.e. a pile of wealth that generates enough interest to sustain them indefinitely), using both additional donations and some of the money given to Wikimedia (which reduces the apparent amount of money they spend and is not listed as money Wikipedia/Wikimedia has, as it is accounted for separately). The $100M endowment was planned to take 10 years to build, got completed in 2021, five years before schedule. Wikimedia also has a separate cash hoard of almost a quarter billion dollars.

    It’s actually all in their article: https://en.wikipedia.org/wiki/Wikimedia_Foundation#Finances

  • Freeman@feddit.de
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    1 year ago

    I heard that the wiki foundation is pretty well off and the saleries they pay the executives are rising pretty fast. Havent donated myself but in principle I should, eventho the higher ups are earning this much.

  • Kissaki@feddit.de
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    1 year ago

    I haven’t donated since getting bothered with atrocious banner campaigns.

  • Max_Power@feddit.de
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    1 year ago

    Wikipedia is one of the great achievements of humanity and the Internet. Ofc I donate. If their management’s salary is high – that’s good. It should be a well-paid job. Everyone should be compensated appropriately for their time. With money or (preferably: and) with the satisfaction that their job is important and appreciated.

  • noim@feddit.de
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    1 year ago

    I did a few times but not in the recent years. I don’t know exactly why.