4 ms·

Was wondering about the money thing and found this on ... Wikipedia :) https://en.wikipedia.org/wiki/Wikimedia_Foundation https://en.wikipedia.org/wiki/Wikimedi

Was wondering about the money thing and found this on ... Wikipedia :) https://en.wikipedia.org/wiki/Wikimedia_Foundation https://en.wikipedia.org/wiki/Wikimedia_Foundation Seems like >$235MM in net assets excluding the $100MM in the Wikimedia endowment and growing at a healthy rate YoY.

twobitshifter 4y ago
I still donate when asked, it’s one of the biggest achievements of free software. I wish I had more time to contribute to the pages, as I imagine that would be worth more to them than my 20 bucks.
- akolbe 4y ago
  Donate to the Internet Archive instead. Performs a vital service for Wikipedia, archiving sources before they disappear off the internet, so you can still verify Wikipedia content when the cited source is gone. Start donating to Wikipedia again when they are honest about their financial situation. See: https://en.wikipedia.org/wiki/Wikipedia:Wikipedia_Signpost/2022-06-26/Special_report https://en.wikipedia.org/wiki/Wikipedia:Wikipedia_Signpost/2... And on the Wikimedia Endowment: https://en.wikipedia.org/wiki/Wikipedia:Wikipedia_Signpost/2022-05-29/Opinion https://en.wikipedia.org/wiki/Wikipedia:Wikipedia_Signpost/2...
  - localhost 4y ago
    Thanks for the insider baseball on Wikipedia; I didn't know any of this. Will make sure I continue to support Internet Archive and take any money that I might have earmarked for Wikipedia and send it their way (along with employer match!)
akolbe 4y ago
Quite. Note rising executive salaries at the Wikimedia Foundation: https://upload.wikimedia.org/wikipedia/foundation/e/e4/Wikimedia_Foundation_2020_Form_990.pdf#page=48 https://upload.wikimedia.org/wikipedia/foundation/e/e4/Wikim... Latest financial report: https://upload.wikimedia.org/wikipedia/foundation/1/1e/Wikimedia_Foundation_FY2020-2021_Audit_Report.pdf#page=5 https://upload.wikimedia.org/wikipedia/foundation/1/1e/Wikim...
yucky 4y ago
Yeah the Tides Foundation manages their funding, probably the most politically biased foundation in the US.
- akolbe 4y ago
  Tides holds well over $100 million in Wikimedia/Wikipedia donations by now in an Endowment – and they have never once published an audited financial report for the incomings and outgoings of this Endowment fund: https://en.wikipedia.org/wiki/Wikipedia:Wikipedia_Signpost/2022-05-29/Opinion https://en.wikipedia.org/wiki/Wikipedia:Wikipedia_Signpost/2... This is in addition to something like $280 million held by the Wikimedia Foundation as of end of March 2022 (the most recent data available). https://en.wikipedia.org/wiki/Wikipedia:Wikipedia_Signpost/2022-06-26/Special_report https://en.wikipedia.org/wiki/Wikipedia:Wikipedia_Signpost/2...

twobitshifter 4y ago

I still donate when asked, it’s one of the biggest achievements of free software. I wish I had more time to contribute to the pages, as I imagine that would be worth more to them than my 20 bucks.

akolbe 4y ago
Donate to the Internet Archive instead. Performs a vital service for Wikipedia, archiving sources before they disappear off the internet, so you can still verify Wikipedia content when the cited source is gone. Start donating to Wikipedia again when they are honest about their financial situation. See: https://en.wikipedia.org/wiki/Wikipedia:Wikipedia_Signpost/2022-06-26/Special_report https://en.wikipedia.org/wiki/Wikipedia:Wikipedia_Signpost/2... And on the Wikimedia Endowment: https://en.wikipedia.org/wiki/Wikipedia:Wikipedia_Signpost/2022-05-29/Opinion https://en.wikipedia.org/wiki/Wikipedia:Wikipedia_Signpost/2...
- localhost 4y ago
  Thanks for the insider baseball on Wikipedia; I didn't know any of this. Will make sure I continue to support Internet Archive and take any money that I might have earmarked for Wikipedia and send it their way (along with employer match!)

akolbe 4y ago

Quite. Note rising executive salaries at the Wikimedia Foundation: https://upload.wikimedia.org/wikipedia/foundation/e/e4/Wikimedia_Foundation_2020_Form_990.pdf#page=48 https://upload.wikimedia.org/wikipedia/foundation/e/e4/Wikim... Latest financial report: https://upload.wikimedia.org/wikipedia/foundation/1/1e/Wikimedia_Foundation_FY2020-2021_Audit_Report.pdf#page=5 https://upload.wikimedia.org/wikipedia/foundation/1/1e/Wikim...

yucky 4y ago

Yeah the Tides Foundation manages their funding, probably the most politically biased foundation in the US.

akolbe 4y ago
Tides holds well over $100 million in Wikimedia/Wikipedia donations by now in an Endowment – and they have never once published an audited financial report for the incomings and outgoings of this Endowment fund: https://en.wikipedia.org/wiki/Wikipedia:Wikipedia_Signpost/2022-05-29/Opinion https://en.wikipedia.org/wiki/Wikipedia:Wikipedia_Signpost/2... This is in addition to something like $280 million held by the Wikimedia Foundation as of end of March 2022 (the most recent data available). https://en.wikipedia.org/wiki/Wikipedia:Wikipedia_Signpost/2022-06-26/Special_report https://en.wikipedia.org/wiki/Wikipedia:Wikipedia_Signpost/2...