Technology Wikipedia fundraiser ends with $20M in the bank

The Helper

Necromancy Power over 9000
Staff member
Reaction score
1,688
Those intriguing fundraiser banners have finally disappeared from the pages of Wikipedia, the online encyclopedia.

The site’s fundraising efforts for the year have ended, and the Wikimedia Foundation (the non-profit behind Wikipedia) was able to gather a record $20 million during the drive.

“We’ve hit our target. Thanks to you,” writes Wikimedia Foundation executive director Sue Gardner in a post this morning.

“Over the past few months, more than one million people have come together from all over the world to keep Wikipedia and its sister sites alive and flourishing for another year.”

 
Last edited:

Dan

The New Helper.Net gives me great Anxiety... o.O;;
Reaction score
160
was that their goal? wow.
 

rover2341

Is riding a roller coaster...Wee!
Reaction score
114
Not even enough for a year. 28 million is what they expect to spend.

"The foundation’s total budgeted spending for the 2011-2012 year is $28.3 million. While most of that sum was raised through the on-site Wikipedia fundraising banners, the rest will come in the form of grants from institutions and smaller donations from individuals throughout the year." From the link above.

Source
http://wikimediafoundation.org/wiki/2011-2012_Annual_Plan_Questions_and_Answers
 

Dan

The New Helper.Net gives me great Anxiety... o.O;;
Reaction score
160
Not even enough for a year. 28 million is what they expect to spend.

"The foundation’s total budgeted spending for the 2011-2012 year is $28.3 million. While most of that sum was raised through the on-site Wikipedia fundraising banners, the rest will come in the form of grants from institutions and smaller donations from individuals throughout the year." From the link above.

Source
http://wikimediafoundation.org/wiki/2011-2012_Annual_Plan_Questions_and_Answers

That is not to say that they require 28 million each year to sustain themselves... Wikipedia stayed up for years and years without as much money. It was a very small thing at first and got a very popular very fast without needing a 28 million dollar budget. I realize that they need money to upkeep the huge servers that they require now, but it's still definately not 28 million dollars a year worth of upkeep. They are spending a good amount now on personel too, but this cannot also account for needing 28 million dollars. Simply put, wikipedia is now shoving money in new places now that they own the world's attention. They have new projects that they are trying to expand power over.

I love wikipedia and I think this is great, but it's not exactly correct to say that wikipedia needs 28million a year to survive... -_-
 

xPass

All aboard the xPass Express!
Reaction score
27
That is not to say that they require 28 million each year to sustain themselves... Wikipedia stayed up for years and years without as much money. It was a very small thing at first and got a very popular very fast without needing a 28 million dollar budget. I realize that they need money to upkeep the huge servers that they require now, but it's still definately not 28 million dollars a year worth of upkeep. They are spending a good amount now on personel too, but this cannot also account for needing 28 million dollars. Simply put, wikipedia is now shoving money in new places now that they own the world's attention. They have new projects that they are trying to expand power over.

I love wikipedia and I think this is great, but it's not exactly correct to say that wikipedia needs 28million a year to survive... -_-

I wouldn't mind though, Wikipedia is awesome :D
 

ElderKingpin

Post in the anime section, or die.
Reaction score
134
whenever they ask for money it sounds like they havnt even gotten close to the deadline, and you dont even know what the status of the donations are until the very end when they have to reach their goal :/
 

FireCat

Oh Shi.. Don't wake the tiger!
Reaction score
530
it's not exactly correct to say that wikipedia needs 28million a year to survive... -_-
Yeah, I agree with you!
$28 million dollars is a lot of money. How much does a "huge" server cost? Well, not $1 million Right? hehe
 
General chit-chat
Help Users
  • No one is chatting at the moment.

      The Helper Discord

      Staff online

      Members online

      Affiliates

      Hive Workshop NUON Dome World Editor Tutorials

      Network Sponsors

      Apex Steel Pipe - Buys and sells Steel Pipe.
      Top