I just wish Wikipedia would find a self-sustaining model that didn't rely on perpetual annual donations. I'm not proposing a for-profit company, but I am proposing finding a non-compromising way to make just enough revenue to keep it going sustainably while remaining neutral.
PS I donated to Wikimedia last year, so I'm willing to contribute until the project finds a more sustainable model.
I knew of one non-profit that lived off interest, basically. For every million dollars they raise, they can afford to hire one more worker or do X more things, based off the interest that money makes sitting in a bank.
It seems like a good way to go, if you can just raise the millions needed. Maybe some billionaire can set Wikipedia up with a trust fund...
You know your expenses pretty well, so it's easy to plan it that far ahead.
Or coupon bonds, which pay interest regularly with a fixed amount and on a fixed schedule (set at purchase time for as long as 30 years).
Slightly more risky since they are not FDIC insured, but if you hold to maturity you have zero risk due to market fluctuations, only a risk of the firm going bankrupt totally.
"I'm not proposing a for-profit company, but I am proposing finding a non-compromising way to make just enough revenue to keep it going sustainably while remaining neutral."
"PBS remains the network with the most trusted news and public affairs programs, with 43% trusting its programs a “great deal.” CNN came in second with 28% and FOX News third at 27%."
Quite right - that's one of the biggest mistakes people make thinking politically. Socialism and Communism aren't bad because they're ostensibly about sharing, cooperation, or being nice. They're bad because they're run by the government, who arrests or executes its citizens if they decline to participate in the government-run activity. If you've ever shared a refridgerator with multiple people pitching in to fill it with groceries, you've been part of a "commune" (lower case), which can be fine and great thing. It's when people aren't allowed to decline to participate in the commune without being arrested or shot that there's problems.
PS I donated to Wikimedia last year, so I'm willing to contribute until the project finds a more sustainable model.