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by neilk
2 hours ago
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I don’t know if you’re joking or not but of course Wales doesn’t profit directly from this. And, as a non-profit, compensation of executives is public knowledge. I believe Board members get zero compensation other than reimbursement for travel expenses. (Jimmy Wales did cash in on his reputation with some ads for luxury watches and idk what else he does for $). Salaries at the WMF have absolutely exploded, though they started out very low given the location and the talent base they were competing for. You probably want the WMF to be a somewhat competitive employer, and Silicon Valley salaries are also through the roof across the board. So those $400K executive salaries are (grating my teeth) vaguely justifiable. A volunteer-run page summarizes salary progression in key roles (up to 2024) https://meta.wikimedia.org/wiki/Wikimedia_Foundation_salarie... So you can be assured your money isn’t going to the executives’ bank accounts, not directly anyway. However, this is precisely why non-profit organizations tend to get bloated. The executives can’t get away with a million dollar salaries and not other goodies like stock grants. But you can justify staffing up, which benefits the careers of the executives. |
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