Every so often I give a few bucks(far less than the worth of knowledge I got from it)
Absolutely not. They have way more money than they can sensibly spend, keep begging for more as if they could barely keep the lights on (they could probably easily keep the core mission going with about 10% of the money they’re getting), and then expand their spending to match the donations they collected.
They then created an endowment (i.e. a pile of wealth that generates enough interest to sustain them indefinitely), using both additional donations and some of the money given to Wikimedia (which reduces the apparent amount of money they spend and is not listed as money Wikipedia/Wikimedia has, as it is accounted for separately). The $100M endowment was planned to take 10 years to build, got completed in 2021, five years before schedule. Wikimedia also has a separate cash hoard of almost a quarter billion dollars.
It’s actually all in their article: https://en.wikipedia.org/wiki/Wikimedia_Foundation#Finances
Wow I didn’t know about this, thanks for the reading! I always feel morally in debt for using Wikipedia without giving back much and assume they were struggling a bit to operate, but wow they have received millions of dollars already!
edit: I’m still willing to donate though, and I just did, like I’m happy to pay for what I’ve learned from it, even if it doesn’t mean much to them.
They make it sound like they’re just about to close down, I’ve been sending them a few bucks every month for like a year and I feel a little bit slighted tbh
Yes, every month. Why? Because in my opinion it is one of the greatest collective projects of mankind (even with the flaws it has).
Nope, I’ve donated to the internet archive because I have infinity more respect for them and they actually need more funding.
Wikipedia has more than they know what to do with, the money just falls out of their pockets
Giving 10 bucks a year, even though I use it very little. But sometimes it’s just easy and quick to look something up or read an interesting article, and I know that there are many people (students, etc.) who rely on it more than I do and have less money to spend
Yup. $20 every year.
I just like that it’s there and I’ve used it a lot, and I want it to be there for the next generation.
Plus, they’ve maintained staying ad free, sub free, and bullshit free. I can’t think of another site that’s kept that level of decency.
