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A note on the separate status of the Wikimedia Endowment. The Wikimedia Endowment, held from 2016 to 2023 by the Tides Foundation and now a standalone 501(c)(3) nonprofit, is not and has never been included in Wikimedia Foundation assets, even though Wikimedia Foundation fundraising staff solicit donations to the Endowment and the Wikimedia Foundation itself made donations to the Endowment.
If a large amount of money begins flowing through Wikipedia, thousands of Wikipedia contributors might get distracted from editing and instead argue about where the money should go. This might become more of a problem if Wikipedia generates far more revenue than it needs for its own operation, and begins supporting outside charities.
And then you learn that the firemen even go to some of the city's poorest quarters, begging for money, making people fear they may have to do without a fire service if they don't give money today – even though the service has already surpassed its own revenue year goals by nearly $50 million.
Paid editing, broadly construed, is any editing where an editor is being compensated in some way, e.g. employees and contractors for money, students earning a grade and course credit such as Wikipedia:School and university projects, recognition from social and business associates, Wikipedians at Wikipedia:Bounty board, in-trade compensation, etc.
Howdy Astinson it's always very good to hear from you :) I'm sorry to hear you have resigned yourself to this conclusion. It is a pessimistic rather than realistic view, I should say, as iNaturalist, YouTube, and other massive communities suggest there are tens of millions of people who enjoy sharing knowledge with others and do so every week ...
If the paid editor has used or controlled more than one Wikipedia account, each account must be disclosed. [4] This transparency helps the Wikipedia community to understand and analyze the source and scope of paid editing, and to ensure that content originating from paid editors complies with Wikipedia's policies and guidelines.
Examples of people in positions of trust who received money for editing Wikipedia, which in turn generated controversy within Wikipedia and in the media, have included the Gibraltarpedia incident involving a trustee of WMF UK who used Wikipedia itself and WP:GLAM for public relations, and the Wifione matter, which involved an administrator.
Wikipedia is not paper, and that is a good thing because articles are not strictly limited in size as they are with paper encyclopedias. Articles steadily become more polished as they develop, particularly if one person is working on an article with reasonable regularity (inclining others to help the original author).