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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/
by 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 agoBut why not come up with a way to be fully independent with surpluses, like some universities?
- sirspacey 9y agoUniversity 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.