![]() ![]() Its National Taxonomy of Exempt Entities (NTEE) code is B60 ( Adult, Continuing education). Internal Revenue Code as a public charity in 2005, making donations to the Foundation tax-deductible for U.S. The Foundation was granted section 501(c)(3) status by the U.S. A small fundraising campaign to keep the servers running was run in October 2003. The Wikimedia Foundation was incorporated in Florida on June 20, 2003. The name "Wikimedia", a compound of wiki and media, was coined by American author Sheldon Rampton in a post to the English Wikipedia mailing list in March 2003, three months after Wiktionary became the second wiki-based project hosted on the original server. That also addressed an open question of what entity should hold onto trademarks for the project. The early community discussed a variety of ways to support the ongoing costs of upkeep, and was broadly opposed to running ads on the site, so the idea of setting up a charitable foundation gained prominence. The project was originally funded by Bomis, Wales's for-profit business, and edited by a rapidly growing community of volunteer editors. Jimmy Wales and Larry Sanger founded Wikipedia in 2001 as a feeder project to supplement Nupedia. Historyįurther information: History of Wikipedia The Foundation's strategic direction, formulated in 2017, envisages that it "will become the essential infrastructure of the ecosystem of free knowledge" by 2030. It does collaborate with a network of individual volunteers and affiliated organizations such as Wikimedia chapters, thematic organizations, user groups and other partners in different countries all over the world, and promises in its mission statement to make useful information from its projects available on the internet free of charge in perpetuity. This is done by volunteers, such as the Wikipedians who create and maintain Wikipedia. The Foundation does not write or curate any of the content on the wikis itself. To serve this mission, the Foundation provides the technical and organizational infrastructure to enable members of the public to develop wiki content in multiple languages. The Wikimedia Foundation's mission is "to empower and engage people around the world to collect and develop educational content under a free license or in the public domain, and to disseminate it effectively and globally." By 2022, it employed around 700 staff and contractors, with annual revenues of $155 million, annual expenses of $146 million, net assets of $240 million and a growing endowment, which surpassed $100 million in June 2021. The Foundation has grown rapidly throughout its existence. These are complemented by grants from philanthropic organizations and tech companies, and starting in 2022, by services income from Wikimedia Enterprise. 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. ![]() 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 Wikimedia Foundation was established in 2003 in St. Best known as the hosting platform for Wikipedia, a crowdsourced online encyclopedia, it also hosts other related projects and MediaWiki, a wiki software. ![]() ( WMF) is an American 501(c)(3) nonprofit organization headquartered in San Francisco, California, and registered as a charitable foundation under local laws. ![]()
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