Wikipedia Can Now Remain Ad-Free After Raising $16 Million

Posted Jan 3, 2011

The parent company of open source encyclopedia Wikipedia has raised $16 million just in time in 2010. This is more than double the $7.5 million that Wikipedia raised in 2009. Over half a million people donated to the Wikimedia Foundation this year. Supposedly putting Jimmy Wales’ face on the donation banner cover helped increase donations. “Wikipedia is the only major, top-ten site in the world that is ad-free and funded primarily by its readers and users,” stated Wikimedia executive director Sue Gardner. [ReadWriteWeb]