Article 10RZJ Wikipedia launching $100m fund to secure long-term future as site turns 15

Wikipedia launching $100m fund to secure long-term future as site turns 15

by
Stuart Dredge
from Technology | The Guardian on (#10RZJ)

Online encyclopedia reaches its 15th birthday preparing for challenges ahead around funding, mobile access and the developing world


As Wikipedia turns 15, its operator The Wikimedia Foundation is hoping to secure its long-term future with a new endowment fund that aims to raise $100m over the next 10 years.

The Wikimedia Endowment has been set up as a "permanent safekeeping fund" managed by the charity Tides Foundation, and could reduce Wikipedia's reliance on annual donation drives to keep its service running.

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