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Donation strategy: how do you allocate your donations?
(i.imgflip.com)
I noticed that transfer companies usually charge fixed amount for each transaction, so donating $1 can easily incur 30%+ fee.
So I would like to find a rule of thumb to minimize the fees yet cover all projects I like
Any tips?
Wikipedia is a very profitable company. They don't need as many donations as the make it seem.
Do you have a source to back this? Not to say I don't believe you but I am legitimately curious
I disagree with the use of the term "profitable" because it's a non-profit and so donations aren't going to investors or anything. Wikimedia is very transparent and efficient with donations according to Charity Navigator. That said, they do take in more in donations every year than they pay in expenses. See the financial reports they make public.
Noted thanks