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With 100s of millions in revenue every year for the last decade plus through their corporate entity aren't they already funded pretty much in perpetuity? On Wi
by benologist 7y ago
With 100s of millions in revenue every year for the last decade plus through their corporate entity aren't they already funded pretty much in perpetuity?
On Wikipedia it says they get 2% of their corporation's revenue, which they own in its entirety, they can increase their funding more just by increasing the 2% they assign themselves from their own revenue. Not even a third of their funding is donations according to a dated IRS audit so they look pretty much secured financially and will appreciate, but otherwise not notice your money hitting the pile.
I think a more important thing we can do to help is make our work exclusively dependent on open technologies instead of Chrome APIs, which might one day be open technologies but till they are they promote not using Firefox.
- newscracker 7y agoMost of that money is coming from the search partnership with Google, and that's what's paying the bills for Firefox and other direct development work (as I understand it). The donations from people go to Mozilla Foundation, which works on initiatives and campaigns. So whenever Google decides that the search partnership is not worth it, Mozilla Corporation (the entity that pays for Firefox, and is different from Mozilla Foundation) would have only a few tens of millions from other revenue sources (just guessing).
- benologist 7y agoThe way I understand it is the Foundation created and owns the Corporation so they would have a legal construct to receive their profits, and a ton of profits still comes in annually, and it's all their money regardless of which account it landed in or what % is assigned to Firefox. They're sitting on half a billion in assets - https://assets.mozilla.net/annualreport/2017/mozilla-fdn-2017-fs-short-form-final-0927.pdf https://assets.mozilla.net/annualreport/2017/mozilla-fdn-201...