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A comment on Dude,Where's My Donations? Wikimedia gives another $1M to non-Wikimedia projects. Parent comment

Re:Dude,Where's My Donations? Wikimedia gives another $1M to... by amadeuspagel on Friday August 18, 2023 @02:21PM (#37179927)
They could also slow down fundraising.
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Re:Dude,Where's My Donations? Wikimedia gives another $1M to... by wmf on Friday August 18, 2023 @02:40PM (#37180184)
I think they're worried about losing non-profit status.
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Re:Dude,Where's My Donations? Wikimedia gives another $1M to... by fakedang on Friday August 18, 2023 @02:44PM (#37180256)
Unless I'm missing something, trusts can still keep nonprofit status without fundraising.
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Re:Dude,Where's My Donations? Wikimedia gives another $1M to... by CameronNemo on Friday August 18, 2023 @03:19PM (#37180719)
How would that happen? I'm not familiar with the peculiarities of nonprofit law.
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Re:Dude,Where's My Donations? Wikimedia gives another $1M to... by wmf on Friday August 18, 2023 @03:44PM (#37181082)
They need to get 1/3 of their revenue (over $50M) as donations from the general public to qualify as a charity. https://www.irs.gov/charities-non-profits/exempt-organizatio...
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Re:Dude,Where's My Donations? Wikimedia gives another $1M to... by amadeuspagel on Friday August 18, 2023 @07:14PM (#37183375)
My god what a terrible rule. But thanks for pointing that out, something I (and most people) would never have considered.
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