[toomuchtodo]

4% of $400M is $16M, more than enough to cover annual Wikipedia infrastructure costs in perpetuity. What would one consider “enough” if this is not it?

I think it’d be fine if they stated their endowment target to achieve perpetuity (as a donor, I want to give to orgs who think in 100 year or perpetual terms, instead of having to waste resources constantly to have to sing for their meal), but find it exceptionally poor taste to beg as if they’re going out of business. I assume this is because if donors knew they already had $400M in the coffers, donation volume would decline. I don’t believe greater transparency is unwarranted, considering both their non profit status and mission.