3 ms·
The $100m Endowment was their hedge against donations drying up, being a big enough cash hoard to allow them to stay online indefinitely if donations dropped to
by bashmack 5y ago
The $100m Endowment was their hedge against donations drying up, being a big enough cash hoard to allow them to stay online indefinitely if donations dropped to zero. It is now fully funded. I wonder how many people even realise this is the case, and will carry on donating under the false impression Wikipedia needs their help to survive.