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I used to donate, but I haven't for at least 10 years.
Their financing is public. They would have enough cash to keep the lights on for decades.
They've been investing to be reliant on donations in the future. I see a conflict of interest there and I'd rather have them be relying on donations.. especially since they have received enough cash to do so.
TL;DR, I'm happy to donate for running Wikipedia, not happy to donate for them to become a fund.