Wikipedia Raises Over $6 Million In Donations
Recently Jimmy Wales put up a plea for an increase in donations for Wikipedia. The open source online encyclopedia has reached its goal of raising $6 million in donations. The $6 million that Wikipedia has raised will keep operating expenses covered up until June 30, 2009.
Jimmy Wales stated that 125,000 have donated $4 million in personal donations and $2 million in gifts. The $6 million will go towards bandwidth, 23 staff members, and other misc. costs.
“Any donations beyond our $6 million goal are put in a reserve fund, which will help us to offset operating costs beyond the current fiscal year,” stated Wales. “Your continued support will also serve as a much-needed financial safety net if economic conditions continue to worsen globally.”This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at +AmitChowdhry