[WORLDKINGS] On this day - June 20, 2023 – The 20th Anniversary of Wikimedia Foundation Inc. established in Florida, USA (2003)

20-06-2023

(Worldkings.org) Wikimedia Foundation Inc., a nonprofit organization, is best known for hosting Wikipedia. It was created to gather funding for various crowdsourced wiki projects such as Wikipedia and Wiktionary.

The Wikimedia Foundation, Inc. (WMF), is an American 501(c)(3) nonprofit organization headquartered in San Francisco, California, and registered as a charitable foundation under local laws. Best known as the hosting platform for Wikipedia, a crowdsourced online encyclopedia, it also hosts other related projects and MediaWiki, a wiki software.

The Wikimedia Foundation was established on June 20, 2003 in St. Petersburg, Florida, by Jimmy Wales as a nonprofit way to fund Wikipedia, Wiktionary, and other crowdsourced wiki projects that had until then been hosted by Bomis, Wales's for-profit company.

 

The Foundation finances itself mainly through millions of small donations from Wikipedia readers, collected through email campaigns and annual fundraising banners placed on Wikipedia and its sister projects. These are complemented by grants from philanthropic organizations and tech companies, and starting in 2022, by services income from Wikimedia Enterprise.

The Foundation has grown rapidly throughout its existence. By 2022, it employed around 700 staff and contractors, with annual revenues of US$155 million, annual expenses of US$146 million, net assets of US$240 million and a growing endowment, which surpassed US$100 million in June 2021.

 

According to Wikipedia


Kyna ( Collect) - WORLDKINGS (Source of photos: Internet)

 

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