Hah, yeah, I've seen that page before. It's not ideal. I'd still take it over their current funding strategy of "don't piss off Google."
Or maybe I should find a better example. But one thing about Wikipedia is that it appears to be much the same as it was 10 years ago and more. Wikipedia hasn't started introducing Wiki VPN, nor has it partnered with Mr. Robot to temporarily insert marketing stuff into articles.
To the extent that Wikimedia has graft and vanity projects, they're not ruining the core "product".
So... I guess yeah, just like Wikipedia, as in "Look, even with donations you can spend a crapton of money. Maybe not $500mm a year, but still enough to support development of an open source software product."