wikimediaendowment

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  • Wikipedia fund gives the site a long-term future

    by 
    Jon Fingas
    Jon Fingas
    01.18.2016

    Wikipedia just turned 15 years old, but you wouldn't know it from the nigh-on inescapable donation drives -- the crowdsourced encyclopedia often seems as if it's months away from extinction. The Wikimedia Foundation (its parent organization) may have a way to keep the site around for the long haul, however. It's launching the Wikimedia Endowment, a "perpetual" support fund for Wikipedia and other Foundation efforts. The goal is to raise $100 million over the next 10 years, or enough to both improve its independence and give it room to grow.