And yet nobody seems fired up about the other grants wikimedia gives, and has for years, while some are insisting it's just the prinicple of wikimedia giving any grants that they object to, what they are actually focusing on, and their lack of concern with even mentioning those other grants while getting really fired up about this "equity" fund (a topic very likely to fire people up), makes me think that's what's going on must be primarily not secondarily about this particular thing.
It seems silly to argue about whether the people who are making an argument are misrepresenting what their concerns are instead of just believing what they say. But it sounds like you are ready to make some sort of conspiratorial assertion for why that could be.
