When most people see the Wikipedia donation banners, they think they're barely surviving, and that their donation goes towards running the site.
That's very far from reality. The money goes to Wikimedia Foundation, which is swimming in cash and reserves only a fraction of the money to run actual Wikipedia. That organization now has hundreds of highly paid administrators. Not a cent goes to any Wikipedia contributor nor does this staff directly contribute to Wikipedia itself at all.
Out of this Wikimedia Foundation, they created some spin-off organization that answers to nobody and gives away grants. To what a conservative commenter might call "woke" projects without any tangible return on investment.
But the point isn't whether you agree with that label or not, the point is that the organization is incredibly misleading in what it asks donations for, how their financial state is, how their organization really works, etc.
It's quite similar to Mozilla. You want to support Firefox development but instead the money goes to a foundation which spends it on lots of well-intended but generally useless projects.