Wikimedia Foundation Raises $20 Million From Donors

Wikimedia Foundation, the non profit organization behind the world largest online encyclopedia has announced that company has raised the $20 million by the donation from more than a million donors.

Wikimedia foundation requests users to make some donation for wikipedia.  Wikimedia Foundation claims its sites now serve more than 470 million people every month. Wikipedia, which will celebrate its 11th anniversary in about two weeks, now boasts over 20 million articles in 282 languages.

Wikimedia announced in press release,”The annual fundraiser is how the Wikimedia Foundation pays its bills. Funds raised in this campaign will be used to buy and install servers and other hardware, to develop new site functionality, expand mobile services, provide legal defense for the projects, and support the large global community of Wikimedia volunteers.”

“The Wikimedia Foundation’s total 2011-12 planned spending is 28.3 million USD. The bulk of that is raised during the annual campaign, and the remainder comes throughout the year in the form of grants from institutions such as the Sloan Foundation, and many other small donations year round,” it added.

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