4 ms·
>Wikipedia is using the University Endowment model to fund its work. They are creating a permanent source of funds that will finance its work for the long run(f
by dkarras 5y ago
>Wikipedia is using the University Endowment model to fund its work. They are creating a permanent source of funds that will finance its work for the long run(forever?) and are using special fund raising for special projects.
I think people wouldn't feel off about this if the fundraisers presented themselves as such. When you see them asking for donations, it is typically worded in a way it says "no one donates! if you don't we are on the brink of going bankrupt and shutting down the site! stop, don't scroll away!" and I think if they are sitting on a pile of cash (however noble their intentions are) some people might feel off about how they are being manipulated. Because that is not what they are asking the money for, at this moment. It is disingenuous to make it seem like they are asking for donations for covering the immediate day to day operations. Yes, it probably allows them to gather more donations that way but some people are not comfortable with being a target of manipulative ads. Immediate gains vs. poisoning the well situation here.