this post was submitted on 24 Oct 2023
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[–] yoz@aussie.zone 25 points 1 year ago (1 children)
[–] SeriesOfTubers@lemmy.world 9 points 1 year ago (1 children)

Wikipedia does not appear to be in any danger of running out of money: https://www.dailydot.com/debug/wikipedia-endownemnt-fundraising/

I think it's a good thing they have an endowment to give the site more financial security, but... how big does it need to be before they stop the begging advertisements? They've already far outpaced the goal they set in 2016.

[–] yoz@aussie.zone -3 points 1 year ago (1 children)

Lol WTF! After reading the article, I need a refund. They also started a for-profit? SMH

[–] SendMePhotos@lemmy.world 3 points 1 year ago

The for profit is to sustain the non profit. A business can't be a non profit 503(1)(c) in the US after exceeding a certain amount, this a branch off is required to generate income. They're just playing the corporate game.