[Foundation-l] fundraiser suggestion

[Thomas Dalton]

On 1 January 2011 13:45, Stephen Bain <stephen.bain at gmail.com> wrote:
> This puts a ceiling on 'urgent' costs at $8.8 M, or 43% of the budget
> of $20.4 M. [3]

This is a worthwhile analysis, but you have neglected the numerous
expenses involved in supporting a large organisation. You can't have
an organisation with an $8.8M budget without managers, fundraisers,
HR, legal counsel, etc.. The WMF could trim its budget a lot without
harming basic site function, but not as much as your method suggests.