Wikipedia Exceeds Fundraising Target, But Continues Asking For More Money (theregister.co.uk)

Reader Andreas Kolbe writes: The fundraising banners on Wikipedia this year are so effective that halfway through its December fundraising campaign, the Wikimedia Foundation has already exceeded its $25 million donations target for the entire month, reports The Register. A few weeks ago, Jimmy Wales promised that the Wikimedia Foundation would "stop the fundraiser if enough money were raised in shorter than the planned time". But there's no sign of the Foundation doing that. When asked about this more recently, a Wikimedia Foundation spokesperson remained non-committal on ending the campaign early. The most recent audited accounts of the Wikimedia Foundation showed net assets of $92 million and revenue of $82 million. None of this money, incidentally, pays for writing or checking Wikipedia content – that's the job of unpaid volunteers – and only $2 million are spent on internet hosting every year.

Comments

The Register...

[Anonymous Coward]

So the internet's cesspit of ill researched unfounded disinformation is pissed that one of the most successful projects of the last decade in advancing human knowledge has a healthy monetary buffer?

I sense jealousy.

But fair play to The Register, I frankly thought it was dead already, they've done well to keep such a useless publication going even this long.

Re:Misleading

[jmv]

A site like Wikipedia will also need a bunch of lawyers to fight all sorts of trolls, from copyright trolls, to people who don't like what articles say about them.