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MyWikiBiz, Author Your Legacy — Saturday May 11, 2024
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→‎6. Small donations make Wikipedia irresponsible: Adding Kirdorf, for the Godwin Trifecta
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==6. Small donations make Wikipedia irresponsible==  
 
==6. Small donations make Wikipedia irresponsible==  
Having over 100,000 small donors funding more than 60% of a non-profit's income actually reduces accountability to the donors.  Because the donations are very small (about $30, on average), no one has sufficient influence over the Wikimedia Foundation to reach a threshold of accountability.  On the other hand, large institutional giving, large gifts by wealthy individual donors, and government grants all facilitate accountability. Embarrassing scandals, vandalism to biographies about living persons, and lack of proper concern for children can be shaken off like water off a duck's back when raised by micro-donors. Not so when a foundational grant, ultra-affluent person, or government agency have a larger stake on the line.  So, if you plan to contribute less than $5,000 to the Wikimedia Foundation, you would better encourage more accountability by donating that money instead to another organization, and let them determine if the Wikimedia Foundation is an ethical investment or not.  Do you want to be the next Fritz Thyssen or Albert Vögler?
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Having over 100,000 small donors funding more than 60% of a non-profit's income actually reduces accountability to the donors.  Because the donations are very small (about $30, on average), no one has sufficient influence over the Wikimedia Foundation to reach a threshold of accountability.  On the other hand, large institutional giving, large gifts by wealthy individual donors, and government grants all facilitate accountability. Embarrassing scandals, vandalism to biographies about living persons, and lack of proper concern for children can be shaken off like water off a duck's back when raised by micro-donors. Not so when a foundational grant, ultra-affluent person, or government agency have a larger stake on the line.  So, if you plan to contribute less than $5,000 to the Wikimedia Foundation, you would better encourage more accountability by donating that money instead to another organization, and let them determine if the Wikimedia Foundation is an ethical investment or not.  Do you want to be the next Fritz Thyssen, Albert Vögler, or Emil Kirdorf?
    
==7. They don't get the jobs done==
 
==7. They don't get the jobs done==

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