Comment by ymolodtsov
10 hours ago
Seems it'd be far more reasonable to direct the excess funds into an endowment of sorts instead of spending it on other areas.
10 hours ago
Seems it'd be far more reasonable to direct the excess funds into an endowment of sorts instead of spending it on other areas.
If they did that they'd already have a big enough endowment to fund all of Wikimedia for life.
Well, Wikimedia does have an Endowment, currently valued at $169 million. See Form 990:
https://wikimediaendowment.org/wp-content/uploads/2026/05/20...
This is in addition to assets of around $300 million held by the Wikimedia Foundation. Form 990:
https://foundation.wikimedia.org/wiki/File:Wikimedia_Foundat...
For expenses breakdown see the most recent audited accounts:
https://foundation.wikimedia.org/w/index.php?title=File:Wiki...