Wikimedia Foundation
The Wikimedia Foundation, Inc., abbreviated WMF, is an American 501(c)(3) nonprofit organization headquartered in San Francisco, California, and registered there as a charitable foundation.[5] It is the host of Wikipedia, the seventh most visited website in the world. In addition, the foundation hosts 14 other related content projects. It supports the development of MediaWiki, the wiki software that underpins them all.[6][7][8]
The Wikimedia Foundation was established in 2003 in St. Petersburg, Florida by Jimmy Wales, as a nonprofit way to fund Wikipedia, Wiktionary, and other crowdsourced wiki projects.[1] (Until then, they had been hosted by Bomis, Wales's for-profit company.)[1] The Foundation finances itself mainly through millions of small donations from Wikipedia readers, collected through email campaigns and annual fundraising banners placed on Wikipedia and its sister projects.[9] These are complemented by grants from philanthropic organizations and tech companies, and starting in 2022, by services income from Wikimedia Enterprise.
The Foundation has grown rapidly throughout its existence. As of December 31, 2023, it has employed over 700 staff and contractors, with annual revenues of $180.2 million, annual expenses of $169 million, net assets of $255 million and a growing endowment, which surpassed $100 million in June 2021.
Mission
The Wikimedia Foundation's mission is "to empower and engage people around the world to collect and develop educational content under a free license or in the public domain, and to disseminate it effectively and globally."[10]
To serve this mission, the Wikimedia Foundation provides the technical and organizational infrastructure to enable members of the public to develop wiki-based content in languages across the world.[10] The foundation does not write or curate any of the content on the wikis itself.[11] Instead, this is done by volunteers who work as editors, such as the Wikipedians who create and maintain Wikipedia. However, the foundation does collaborate with a network of individual volunteers and affiliated organizations, such as Wikimedia chapters, thematic organizations, user groups and other partners.
The Wikimedia Foundation promises in its mission statement to make useful information from its projects available on the internet free of charge in perpetuity.[10] It engages in political advocacy.[12] The Foundation's strategic direction, formulated in 2017, envisages that it "will become the essential infrastructure of the ecosystem of free knowledge" by 2030.[13]