Wikimedia Foundation has tons of money, most of which is spent on salaries/administrative overhead, raising more money, processing donations, and "awards". It'

Wikimedia Foundation has tons of money, most of which is spent on salaries/administrative overhead, raising more money, processing donations, and "awards". It's not a scam, but it's a bloated tick on the ass of what could be hosted and run for under $10mil instead of having over $91mil in the kitty, spending $11 million on grants and awards, and almost three times as much processing donations as hosting. https://en.wikipedia.org/wiki/Wikipedia:Wikipedia_Signpost/2017-02-27/Op-ed https://en.wikipedia.org/wiki/Wikipedia:Wikipedia_Signpost/2... Previous discussion here: https://news.ycombinator.com/item?id=14287235 https://news.ycombinator.com/item?id=14287235