this post was submitted on 16 Aug 2023
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Every so often I give a few bucks(far less than the worth of knowledge I got from it)

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[–] SHITPOSTING_ACCOUNT@feddit.de 147 points 2 years ago (3 children)

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

[–] bc3114@lemmy.ml 46 points 2 years ago* (last edited 2 years ago)

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.

[–] SmoothSurfer@lemm.ee 15 points 2 years ago

This is the most interesting thing I realize(thanks to you) this week so far

[–] alphacyberranger@lemmy.world 6 points 2 years ago

Yes. People won't understand the value of something until they lose it.

[–] Leroy@lemmy.world 60 points 2 years ago

Yes, every month. Why? Because in my opinion it is one of the greatest collective projects of mankind (even with the flaws it has).

[–] Chaphasilor@feddit.nl 30 points 2 years ago

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

[–] mbryson@lemmy.ca 25 points 2 years ago

Yes, sporadically but usually once I year I give them a donation.

Wikipedia is an insanely valuable resource we as a society just take for granted, especially those that grew up with it. Instant access to nearly infinite information is an absurd luxury we have, and it's a resource I want to see continue without being tied to corporate interests or abusive government regulation.

It's never much mind you, but I try to contribute a little around Christmas time if I can.

[–] Art3sian@lemmy.world 24 points 2 years ago (1 children)

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.

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[–] ChromaticMan@lemmy.world 20 points 2 years ago

I think once a year they show the donation banner, then I donate something like 10 dollars. I use Wikipedia almost daily, so I'm glad to contribute something.

[–] Freeman@feddit.de 17 points 2 years ago

I heard that the wiki foundation is pretty well off and the saleries they pay the executives are rising pretty fast. Havent donated myself but in principle I should, eventho the higher ups are earning this much.

[–] SpicySquid@lemmy.ml 17 points 2 years ago

I think Wikipedia is a valuable common good and should be maintained. Because I can afford it, I donate monthly, even if I only use it a few times each month.

[–] koreth@lemm.ee 16 points 2 years ago* (last edited 2 years ago)

Yes, and I even have it as an automatic scheduled payment so I don't forget. Even with its flaws, it remains one of the shining gems of the Internet, and a resource I use frequently in both my professional life and my personal one. I remember how it was to suddenly want to learn more about a random topic before Wikipedia and I don't want to go back.

I also donate to The Internet Archive.

[–] Tankiedesantski@hexbear.net 15 points 2 years ago (3 children)

I used to do a regular donation ($5 a month or something) but then I found out Jimmy Wales (who was a figurehead of the site at that point) was a weird Ayn Rand libertarian and stopped.

[–] Zoboomafoo@yiffit.net 7 points 2 years ago (1 children)

That sounds like an incredibly shallow reason to stop contributing

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[–] some_guy@lemmy.sdf.org 6 points 2 years ago

Unless he's personally being enriched (as opposed to making a living), that wouldn't bother me. I have never felt the need to check. I donate because it's useful to me.

I didn't buy a Tesla because that fucker is enriched af and I hate him and I can get other cars that serve me just as well. There's no (real) replacement or substitute for Wikipedia.

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[–] HRYDJPCHNMNDGBLTFIYA@lemm.ee 15 points 2 years ago (1 children)

No because I already donate to the EFF and Internet Archive and I figure that's enough. And apparently Wikipedia already has enough money according to the comments here

[–] Jamie@jamie.moe 9 points 2 years ago

https://en.wikipedia.org/wiki/Wikipedia:Fundraising_statistics

they could run an extra year on $0 of donations. Whether one considers that enough or not might be down to personal viewpoint.

[–] heartlessevil@lemmy.one 15 points 2 years ago (2 children)

No. I did donate once and then they illegally spammed my email for a year. I had to threaten them with a lawyer to stop. It was senseless.

[–] USSEthernet@startrek.website 9 points 2 years ago

This happened to me as well. I just didn't go as far as the lawyer bit. I just sent all of their emails to spam for auto deletion.

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[–] GarbageShoot@hexbear.net 14 points 2 years ago (2 children)

It has an abominable political slant, so absolutely not. If there was a way to split the science/math/etc. segment from the rest of it, that one would totally be worth donating to.

[–] bjornp_@lemm.ee 5 points 2 years ago (1 children)

Could you elaborate? I've never heard of that. Although I don't donate to Wikipedia now.

[–] GarbageShoot@hexbear.net 11 points 2 years ago

That can be a touchy subject because the slant of Wikipedia and the slant of Reddit are very similar, but with Reddit leaning more towards chasing frivolous headlines and Wikipedia leaning more towards, like, rehabilitating Nazis and the like. The short version is that Wikipedia is far to the right of consensus among even neoliberal historians on many subjects and you will see things treated as plain there that are relatively fringe views academically.

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[–] CanadaPlus@lemmy.sdf.org 13 points 2 years ago (9 children)

No, because I'm very poor.

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[–] fratermus@lemmy.sdf.org 12 points 2 years ago

Do you donate to Wikipedia? Why or why not?

I did and ever since have been rewarded with an endless barrage of "you gave once before so do it aga--a-a--aa-a-a-a-a-a-a-in" banners. Given the ecomonics of fundraising I wouldn't be surprised if donors were badgered more than non-donors.

[–] mo_lave@reddthat.com 12 points 2 years ago

I did once. Then I don't because Wikipedia is currently in a stable financial situation so I can donate to another entity that needs resources.

[–] NewAgeOldPerson@reddthat.com 12 points 2 years ago

I used to use it for free when I was broke. Now I give a little extra per month to hopefully offset that. It's invaluable to me. That and public radio.

[–] Pirky@lemmy.world 10 points 2 years ago (1 children)

I gave to them once or twice before the pandemic showed up. It was something I wanted to do, but never could since I was never financially able to.
I stopped once I found an article showing that Wikipedia is not hurting for money at all, yet they kept groveling for money. I think it also said the CEO/owner was keeping a lot of the money for themself which I was not a fan of.

[–] Zron@lemmy.world 4 points 2 years ago

Wikipedia has an endowment that can pay for their servers for the rest of civilization. Meaning they have such a huge pile of stocks, that just the interest generated off of it can pay for everything.

From what I remember, their parent company also has a fat stack of liquid cash that it’s just sitting on, so even if the economy implodes tomorrow and their endowment stops paying out enough, they can still run the servers as long as there’s electricity.

Don’t bother donating money to already rich organizations. Wikipedia asking me for money is like if one of the Rockefeller kids started panhandling after getting choppered to the street corner. They have enough money to last them practically forever. While I value their contribution to knowledge, i also know my money can better help other organizations like the internet archive, who don’t have the benefit of an obscene endowment and are currently facing very serious lawsuits.

[–] M1ster2@lemm.ee 10 points 2 years ago

Absolutely. What a ridiculous amount of information for free, if you use it at all, it deserves $2-3 every now and then to keep it free. If someone buys it, they will fuck it up.

[–] MaxPower@feddit.de 9 points 2 years ago

Wikipedia is one of the great achievements of humanity and the Internet. Ofc I donate. If their management's salary is high -- that's good. It should be a well-paid job. Everyone should be compensated appropriately for their time. With money or (preferably: and) with the satisfaction that their job is important and appreciated.

[–] TheEntity@kbin.social 9 points 2 years ago

I can't realistically afford it due to various factors but if I had a proper "western" wage, I surely would donate.

[–] ExLisper@linux.community 8 points 2 years ago

I did once or twice. I also donated to Signal and couple smaller projects I used. I always plan to donate more but a man has to eat and fly on vacations to Canary Islands...

[–] xilliah@beehaw.org 7 points 2 years ago

50 euro a year. I was terrible in school and Wikipedia allowed me to learn independently and has enabled me to become who I am now.

[–] Schooner@lemmy.ml 7 points 2 years ago (20 children)

I used to, but then they removed crypto because of propaganda efforts by reactionary idiots masquerading as progressives. Now, I have no way to donate to them.

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[–] MoxFcCloud@kbin.social 6 points 2 years ago

When I was younger my friend group got in a heated debate about something semantic for fun. The opposite side from me tried to prove their point by editing Wikipedia and showing it to me. They had to show a screen shot because it had changed back in the time they ran from the computer lab to the lunch room, I used this in my arguments every time we argued about it after that.

I've been donating to the Wikimedia foundation regularly since 2016 since I believe it's a resource everyone should have access to.

The Wikipedia is not perfect but, for several topics, it's a great starting point or recap. I've used it for science related queries and, even if the style is not uniform and some entries are hard to read, it is an amazingly useful project which doesn't get old (and the phone app is fantastic)

[–] Username@feddit.nl 6 points 2 years ago

Same here. I believe it's worth it, I can afford it.

I support not only Wikipedia, but also Signal and my local Mastodon-instance.

[–] happyhippo@feddit.it 5 points 2 years ago

I do regularly.

Knowledge, bitch!

[–] VanillaGorilla@kbin.social 5 points 2 years ago

I'm cycling through multiple open source projects, the last one was signal. I tried to donate to Mozilla once, but they have the worst UX on their form and I'm not giving them my money AND my data.

[–] wallybeavis@lemmy.world 5 points 2 years ago

I do, at least once a year (nothing excessive), mainly because I use the website occasionally. It's the same reason I bought 'reddit coins' or whatever that used to be. I just wanted to contribute to a useful service, especially given that there is so much garbage out there

[–] noim@feddit.de 5 points 2 years ago

I did a few times but not in the recent years. I don’t know exactly why.

[–] autumn@reddthat.com 5 points 2 years ago

Yes, once a year or so. I've gotten a lot of value out of it and i like the idea of paying it forward for people who aren't in a position to donate

[–] Lettuceeatlettuce@lemmy.ml 4 points 2 years ago (1 children)

Absolutely, I've been using it since my teens and it's been an invaluable resource to me.

I am planning on giving more monthly in the future once my finacial situation changes.

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[–] madcaesar@lemmy.dbzer0.com 4 points 2 years ago

Several times. I think now they have more than enough money so I haven't in a while.

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