Wikimedia Foundation raises $6.2 million for Wikipedia

[nithyasubramanian]

The Wikimedia Foundation announced Friday that it has reached its goal of raising over $6 million to sustain Wikipedia.
With the help of over 125,000 donors from around the world, the Wikimedia Foundation raised a total of $6.2 million, sustaining Wikipedia for the foreseeable future. The money will be used to maintain and grow the foundation's technical infrastructure.
"This campaign has proven that Wikipedia matters to its users, and that our users strongly support our mission: to bring free knowledge to the planet, free of charge and free of advertising," Jimmy Wales, the founder of Wikipedia and the Wikimedia Foundation, wrote in a thank you letter posted on Wikipedia and the Wikimedia Foundation's Web site. "We deeply appreciate the generosity of our supporters."
The Wikimedia Foundation was behind in its total contributions in late December, but Wales published a personal appeal on the foundation's site to increase funding. In the eight days trailing that message, more than 50,000 contributions flooded in, totaling $2 million and closing the gap toward the goal.
The Wikimedia Foundation is still accepting funding on its donations page.

[sajiv]

Wikipedia meets $6 million fundraising goal

SAN FRANCISCO - The nonprofit foundation that runs Wikipedia, the popular online encyclopedia of user-contributed articles, said Friday it has met its $6 million fundraising goal for fiscal 2008.

With about six months left in this year's campaign, the Wikimedia Foundation said it has raised $6.2 million. A flood of donations came in after the site's founder, Jimmy Wales, posted an appeal for support in late December.

The foundation said about 50,000 contributors chipped in a total of $2 million in the space of eight days, bringing the total number of donors to more than 125,000.

The money will go toward improving the software Wikipedia runs on as well as upgrading the servers and Internet bandwidth that accommodate the site's traffic. Wikipedia consistently ranks among the 10 most visited Web sites in the world.

The foundation operates the site without advertising as a matter of principle, making donations critical.

Since its founding in 2001, Wikipedia's fundraising prowess has expanded quickly. The foundation hauled in $1.3 million two years ago and $2.2 million last year.

In March 2008, the site received a $3 million gift from the Alfred P. Sloan Foundation, to be dispensed in $1 million annual installments. Last month the Stanton Foundation gave $890,000 to make Wikipedia's editing process more user-friendly.

The Wikimedia Foundation hopes the growth in big-name donors will help improve the encyclopedia's uneven reputation for accuracy, both by showing that civic-minded institutions are willing to make an investment and by funding programs that increase outreach to new contributors.

Wikimedia spokesman Jay Walsh said expanding the foundation's Wikipedia Academies will be a major goal in the coming year. The program sends Wikimedia staff to institutions around the world for discussions with experts in different fields, partly in hopes of drawing more academics and professionals to the site.