WMF Money - Donations/Donors.

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DexterPointy
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WMF Money - Donations/Donors.

Post by DexterPointy » Wed May 11, 2022 12:32 am

from Q&A found at https://meta.wikimedia.org/wiki/Request ... om_the_WMF
: Questions to, and Answers from WMF, 17.Jan.2022 (WMF by Julia Brungs, Senior Community Relations Specialist, Wikimedia Foundation)
Q: The total $ value of donations made in cryptocurrencies
A: In the last financial year we received $130,100.94 worth of donations in cryptocurrencies. Crypto was around 0.08% of our revenue last year, and it remains one of our smallest revenue channels.

Q: The total number of donors who opted to donate cryptocurrency
A: In the last financial years we had 347 donors who used the cryptocurrency option.

Q: Which cryptocurrencies were donated (preferably with information about total value and number of donors using each)
A: In the last financial year the most used cryptocurrency was Bitcoin. We have never held cryptocurrency, and spot-convert donations daily into fiat currency (USD), which doesn’t have a significant environmental impact.
Besides the obvious of WMF's current status regarding yearly revenue [Jul.2020; Jun.2021] being ~163 million USD (if 130,100.94 US$ = 0.08%, then 162,626,175 US$ = 100%), then:
There's something strange about $130,100.94 coming from only 347 donors, because an average donor donation of 375 US$ (=$130,100.94/347) seems very high when exclusively being cryptocurrency.
Cryptocurrencies aren't used by companies, ordinary businesses, or other organisations, saying: The 347 donors must be private individuals.
While any individual's 375$ donation isn't extreme, then an average of 375$ from each single private individual - does seem extreme.

What am I missing?

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