Wikimedia Foundation refuses union recognition, hires union-busting law firm

Re:Wikimedia Foundation refuses union recognition, hires uni... by inigyou on Sunday August 02, 2026 @09:33AM (#49144552)

If they did that they'd already have a big enough endowment to fund all of Wikimedia for life.

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Re:Wikimedia Foundation refuses union recognition, hires uni... by akolbe on Sunday August 02, 2026 @09:39AM (#49144614)

Well, Wikimedia does have an Endowment, currently valued at $169 million. See Form 990:

This is in addition to assets of around $300 million held by the Wikimedia Foundation. Form 990:

For expenses breakdown see the most recent audited accounts:

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Re:Wikimedia Foundation refuses union recognition, hires uni... by ymolodtsov on Monday August 03, 2026 @05:28AM (#49153343)

$169 million is not too big for an endowment, especially considering how much they had been raising AND spending in the years prior.

Long-term it'd be best for Wikipedia if it was self-funded through this, like Harvard, for instance.

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