3 ms·

Ask HN: Why no Wikipedia endowment so they don't have to beg every year?

• iamthirsty 9y ago
  They don't really have to beg.[1] Just like all organizations, they just like extra cash on hand — not much wrong with that. [1]: https://news.ycombinator.com/item?id=15857700 https://news.ycombinator.com/item?id=15857700
  • Something1234 9y ago
    But why not come up with a way to be fully independent with surpluses, like some universities?
    • sirspacey 9y ago
      University fundraising from individuals generates over $30 billion every year (see CASE.org). Even with an endowment, Wikipedia would likely continue to fundraise. Donations are proof to funders that the institution is valued.
• mojomark 9y ago
  Is that link a circular reference or is it just me? I think this is the link you may have intended: https://wikimediafoundation.org/wiki/Benefactors https://wikimediafoundation.org/wiki/Benefactors