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21 bytes removed ,  18:13, September 3, 2013
→‎Finances: use abbrev.
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If the WMF has $31 million in the bank, those funds could produce (at 4%) $1,240,000 in annual income, which is more than enough to fund the Wikipedia web servers in perpetuity.  So, people are questioning the need for the WMF's annual fund raising campaign.
 
If the WMF has $31 million in the bank, those funds could produce (at 4%) $1,240,000 in annual income, which is more than enough to fund the Wikipedia web servers in perpetuity.  So, people are questioning the need for the WMF's annual fund raising campaign.
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Each year the [[Wikimedia Foundation]] conducts a fundraising drive to keep the webservers working on that popular liberal website. They claim the donations go to "Servers, bandwidth, maintenance, development."<ref>{{cite web|url=https://donate.wikimedia.org/w/index.php?title=Special:FundraiserLandingPage&country=US&uselang=en&utm_medium=sidebar&utm_source=donate&utm_campaign=C13_en.wikipedia.org|title=Make Your Donation Now - Donate|accessdate=September 3, 2013}}</ref> Yet, in the period July - December 2012, the WMF took in $30.9 million but spent only $1.3 million on internet hosting.<ref>{{cite web|url=https://upload.wikimedia.org/wikipedia/foundation/6/68/Jul-Dec%2712_Mid-year_financials2.pdf|title=Actual vs. Plan Comparison|work=Wikimedia Foundation|accessdate=September 3, 2013}}</ref> During 2012, the net worth of the WMF grew by $11 million. Yet, liberal Wikipedia users continue to donate in response to the WMF's urgent appeals.
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Each year the WMF conducts a fundraising drive to keep the webservers working on that popular liberal website. They claim the donations go to "Servers, bandwidth, maintenance, development."<ref>{{cite web|url=https://donate.wikimedia.org/w/index.php?title=Special:FundraiserLandingPage&country=US&uselang=en&utm_medium=sidebar&utm_source=donate&utm_campaign=C13_en.wikipedia.org|title=Make Your Donation Now - Donate|accessdate=September 3, 2013}}</ref> Yet, in the period July - December 2012, the WMF took in $30.9 million but spent only $1.3 million on internet hosting.<ref>{{cite web|url=https://upload.wikimedia.org/wikipedia/foundation/6/68/Jul-Dec%2712_Mid-year_financials2.pdf|title=Actual vs. Plan Comparison|work=Wikimedia Foundation|accessdate=September 3, 2013}}</ref> During 2012, the net worth of the WMF grew by $11 million. Yet, liberal Wikipedia users continue to donate in response to the WMF's urgent appeals.
    
==Dispersed accountability==
 
==Dispersed accountability==
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