3 ms·
> Seems they're perpetually short of funds, but Not really. In 2015 the Wikimedia Foundation made 76 M$ in support and revenue, and spent 53 M$. https://upload
by a3_nm 10y ago
> Seems they're perpetually short of funds, but
Not really. In 2015 the Wikimedia Foundation made 76 M$ in support and revenue, and spent 53 M$. https://upload.wikimedia.org/wikipedia/foundation/0/0b/Audit_Report_-_FY_14-15_-_Final.PDF https://upload.wikimedia.org/wikipedia/foundation/0/0b/Audit... p5
(In fact, I don't really understand why their donation campaigns are so obtrusive, given that they could afford to receive 30% less even with their current level of spending. I guess it is understandable that they want to receive as much support as they can, but I wonder whether it really serves their long-term interests, as it probably sends the wrong signal.)
> a "funded by X" tag at the bottom
Wikimedia doesn't allow ads on its properties (which I think is very important), and I would say that advertising donors on articles would be against that goal. (Think about what happens when an article gets edited in a way that isn't approved by the advertised donor.)
- Teever 10y agoMaybe they want to grow an endowment fund which will enable them to live off the interest generated so they don't have to rely on donations in the future.
- kenrick95 10y agoYeah, it's on the Foundation's plan. [0] 0: https://15.wikipedia.org/endowment.html https://15.wikipedia.org/endowment.html
- xyzzy123 10y agoDepending on who you are, you might be surprised by how not far that goes. It doesn't get you that many people or services in 2016, where we feel lucky as individual people to get a place to live for half a million bucks. But yeah, it would be possible to do something pretty crazy like 500 40k scholarships though, which is a super interesting idea. The cost of the beauracracy to administer them would suck pretty hard though.