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The problem is not cash reserve, the problem is that it is utterly unclear where money is being spend. > Wikipedia is loaded, so why’s it asking for donations?
by matkoniecz 5y ago
The problem is not cash reserve, the problem is that it is utterly unclear where money is being spend.
> Wikipedia is loaded, so why’s it asking for donations?
Given lack of transparency my cynical guess is: to fund fundraising department.
- akolbe 5y agoSeveral million dollars disappeared at one point ... only to resurface months later in a Tides Advocacy fund for spending on worthy causes _outside_ the Wikimedia movement. https://meta.wikimedia.org/wiki/Talk:Knowledge_Equity_Fund https://meta.wikimedia.org/wiki/Talk:Knowledge_Equity_Fund
- aezell 5y agoThere's an entire site dedicated to their financials including entire audited financial reports. [https://wikimediafoundation.org/about/financial-reports/ https://wikimediafoundation.org/about/financial-reports/]
- matkoniecz 5y agoAnd it is missing any actual info where money was actually spend. "Salaries and wages" without stating which project were funded is useless. Who got paid? Programmers? Board? Fundraising team?