Over the long term of many years you're /lucky/ if a stable very-low-risk investment can net ~3% when accounting for inflation. Thus $250M could maybe net you roughly $7.5M/year. Exactly how many network links, servers, and engineering staff do you think that buys? It's way under what it operates on today, which is way under what it ideally should be for site like Wikipedia. And that's /just/ the operational engineering of the sites on a technical level.You also need HR, you need Finance, you need a lot of Lawyers, you need software developers, you need a travel department, a fundraising team, PR people, community relations people, grant-making for the extended open ecosystem around the Wikimedia movement, conference planning, and the list goes on.
You're off by enough to seem troll-ish at best.
flipbrad|1 year ago
We even intervene in other court cases to try and prevent bad laws being created/interpreted in ways that would hurt the open internet (see, e.g., our amicus in the French Constitutional Court two weeks ago, our lawsuit against the US NSA, and our amicus briefs in the two US "Netchoice" US Supreme Court cases). We also operate the https://foundation.wikimedia.org/wiki/Legal:Legal_Fees_Assis...
Sadly, we're a very tight team. The downsides of being a nonprofit...
Anyhow, I'm going to assume people are just ignorant as to how much WMF does, not deliberately trying to undermine it. https://meta.wikimedia.org/wiki/Assume_good_faith , as they say.
(disclosure: lawyer for WMF)
bhickey|1 year ago
People care about Wikipedia, not the Wikimedia Foundation. The criticism arises from misleading advertising. WMF fundraising conflates the two, implying that _Wikipedia_ needs money or it'll die. Meanwhile the 2023 budget shows $3.1m in hosting expenses versus $24.4m in awards and grants.
tw04|1 year ago
Wikimedia's expenses are almost ENTIRELY going to staff. Their balance sheet for 2023 included $101m in expenses for salaries and benefits out of a total expense of $160m. Their hosting was $3m. So yes, I'm confident their network links and servers cost almost nothing, and they don't need anywhere near $101m in compensation to keep the lights on when the VAST majority of their content is contributed for free.
https://wikimediafoundation.org/wp-content/uploads/2023/11/W...
bawolff|1 year ago
Its kind of unclear what this includes. Computer equipment is a separate line, and wikimedia owns its own servers, so presumably that is separate from server costs. You don't have to buy new servers every year so some servers might simply have been purchased in other years, although maybe that gets ammortized, i dont know.
Additionally when you host your own servers you need staff to operate them. When using something like AWS, this would be part of your AWS fees, but if you operate your own servers then you have to pay that part separately. Its probably cheaper overall in the end when you are wikipedia scale, but the costs break down differently.
kemayo|1 year ago
yareal|1 year ago
If you told me it took a hundred engineers to run Wikipedia I'd say, that's not totally unreasonable. Features, design, api, scaling, moderation, there's a ton for engineers to be doing.
ryan_lane|1 year ago
You and the other set of trolls that think that Wikimedia can run itself need to appreciate that just because you work for a non-profit doesn't mean you should work for slave wages, or that you should be forced to work with the bare minimum amount of staff to keep things running without being able to make improvements to the infrastructure, reader experience, editor experience, or data consumer experience.
In comparison to similar services, Wikimedia has a relatively small overall budget that's well spent.
remus|1 year ago
If you want to live off the interest you have to worry about inflation which essentially devalues your pot by x% per year, so if you really need y% for running costs you really need about x*y% to do it long term.