this post was submitted on 16 Aug 2023
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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.