@openrisk @cwebber in theory the Wikimedia Foundation is federated: we have chapters and user groups all over the world, and Wikimedia Deutschland actually has a pretty substantial budget and funds some development itself. But there is still a lot of centralization as well, mostly for efficiency and coordination, and it would/will be very hard to relocate. Part of the original motivation for centralization was to collapse legal regimes, so that the project only had a single legal venue to dictate terms w/r/t copyright, libel, privacy etc. USA was seen at the time as a safe and stable bet. Moving to (say) the EU would be an enormous legal undertaking, in addition to all the other costs.