QUOTE(everyking @ Mon 5th November 2007, 8:30pm)
In my early days on WP, when I saw these donation campaigns going, I'd get a little worried: will they be able to raise enough money? What if they don't? Then I realized that they always raised enough money, so there was nothing to worry about. Now, with this huge and arguably excessive budget, I figure even if they don't raise enough, they can get by just fine as far as the core mission goes, so it's still no big deal.
I also think the donation banners have gotten bigger and bolder in the last few days. Maybe they're disappointed with the pace.
The problem is that they need the donations
that much. A not-for-profit cannot live on this kind of funding. Before they hired an executive director, they should have hired somebody who had experience in writing grants and then had him/her go after foundations/government money full time.
There are problems with this, however. When you start approaching these kind of people, they want to see your financial statement...and not the kind of financial statement that WMF currently publishes They want to see a certified copy done by a CPA. So, already, these kind of donors are going to be dragging their heels.
Now, if Wikipedia was really on the level, they would have immediately seen that the US government does not fund this kind of thing, but the EU loves this kind of project. They should have incorporated as a foundation in the UK or Germany and then they would have a really good chance to get some juicy EU grant money. An American NFP is just not going to get funded by these people, and if by chance it does, it's not going to look good by the good EU tax payers for are footing the bill....
So, what does that leave us with? The "begging" approach. The banners can't get any bigger, but maybe they'll start the kind of ads you see on ED these days, which you have to click through....
In any case, there is no way in hell that they're going to get this budget. Unless Jimbo has some big donors up his sleave and this is just chump change...