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Wednesday, January 4, 2012

Wikipedia raises $20 million through donations


The San Francisco-based non-profit group that maintains Wikipedia, the popular online encyclopedia, officially closed its annual fundraising drive on Tuesday. The total amount raised: $20 million. That’s a record, and a step up from the $16 million Wikimedia raised last year during a nearly two-month-long fundraising effort. In the given environment the amount raised is notable.
The drive garnered some big-ticket donations, such as $500,000 from Google co-founder Sergey Brin and his wife’s foundation. But according to Wikimedia, the majority of the pledges came from more than a million ordinary folks coughing up donations in the $20 range.
The money will help Wikimedia — whose more than 20 million Wikipedia articles are written and edited for free by volunteers — pay for the technology and infrastructure necessary to keep the service growing, develop new features for the website and bolster its legal defense fund.
There is something that we must remember that even this amount is not enough to cover the operating budget of the company. They are confident that they will be able to get more money through donations and grants in the following months. 
Wikipedia says - Thanks!

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