"the company looked at the history of social media over the past decade and didn’t like what it saw… existing companies that are only model motivated by profit and just insane user growth, and are willing to tolerate and amplify really toxic content because it looks like engagement… "
Firefox is part of the for-profit Mozilla Corporation. Donations go to the nonprofit Mozilla Foundation. Even though Mozilla Corporation is owned by Mozilla Foundation, donations cannot be transferred to it since it is still legally a for-profit business. The funds donated to Mozilla Foundation are used for advocacy work.