wikipedia launching $100m fund to secure long term future as site turns 15 /

Published at 2016-01-15 14:02:38

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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 End
owment 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 maintain its service running. Related: Wikipedia founder backs site's systems after extortion scam Related: The Grant Shapps affair is a testomony to Wikipedia’s integrity and transparency | Justin Anthony Knapp Continue reading...

Source: theguardian.com

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