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Wikimedia net assets grew by $50M in 2021. Check the article to get more information.
by LucasLanglois 3y ago
Wikimedia net assets grew by $50M in 2021. Check the article to get more information.
- grumple 3y agoI read it, and I read their audit report. And in 2022 they grew by only 8MM. So in 2021 they received more donations than needed to just cover expenses. What's the problem? We should want the assets to grow significantly. Ideally Wikimedia would have an endowment that is sufficient to grow at a rate to allow the site to be run in perpetuity without any further contributions.