Comment by dannyw
15 hours ago
Doesn’t WMF hold hundreds of million and growing on their foundation balance sheet, and raise $150M+/year through donations when hosting expenses are $4M/year?
Obviously they need staff and more costs than just hosting, but something isn’t adding up for me, so I stopped donating.
I feel exactly the same. I think I saw a blog post on HN with a deep analysis of their financial state of affairs. They don't need my money. They can run for a long time by (1) reducing unnecessary headcount (the org is way too big) and (2) carefully managing their endowment.