By Erik Qualman
A popular question these days is how does Wikipedia make money? First of all, Wikipedia isn’t in the 
business of making money. The quick answer is that they function similar to National Public Radio (NPR). There are some much more in-depth answers on the Web and Wikipedia FAQs, but here is a synopsis:
- Wikipedia employs less than 35 employees – 1/2 of which work on Technology and a large majority of the authors concentrate on fundraising
- Visited by more than 330 million people every month, making it the number five most-popular site in the world
- Wikimedia Foundation is a non-profit that helps support Wikipedia and other popular collaboratively-edited reference projects in the world
- Wikipedia is budgeting $9.4 million in expenses, and an annual operating reserve of $1.2 million for 2009 for a total of $10.6 million
- Most of the donations come from individuals, but major benefactors ($50,000) include Alan Bauer,
Bing, The Hellman Family Foundation - Wikipedia accepts donations by credit card, check, stock transfer, etc. The minimum donation is $1 for security reasons (fraudulent entities often run tests for small donations to see if they can capture credit card information)
Whether you donate to Wikipedia is up to you. I have donated because I really can’t imagine a world without it. That would be a huge step backward for society. You can donate by clicking here – after you donate if you like you can post a statement that runs as a banner across the top of the Wikipedia page about why you donated. The donation in many countries is tax-deductible. If just 4% of the U.S. population donated a $1 they would be well over their goal. Remember what a full Encyclopedia set used to cost from the door-to-door salesman?
I honestly agree with you, once I was thinking about this topic and I imagined my money expenses on specific books or e-books closely related to wikipedia that could answer all of my questions, and even if I bought them, I would be tired of searching the information there, Wikipedia is one of the great things that human has done, it daily improves the knowledge of whole world and it’s the best one I can say!
$1 will never change our life if we spend it, but if most of us donate it will really change!
Thanks for the post!
I discovered your blog internet site on google and check a few of your early posts. Continue to keep up the extremely very good operate. I just extra up your RSS feed to my MSN News Reader. Seeking forward to reading more from you later on!
In contrast to some notions, well explored articles nonetheless fetch in reviewers like me. You showed clear understanding of area of interest issue and my opinions are now complete after reading this page. Be sure to maintain up the sound work and i will sign up for your rss nourish to be knowledgeable of any rising postings.
Your current article always possess a decent amount of really up to date info. Where do you come up with this? Just saying you are very creative. Thanks again
Hi this is a wonderful write-up. I’m going to e-mail this to my buddies. I came on this while exploring on bing I’ll be sure to come back. thanks for sharing.
Fantastic, are you looking for real estate in Oviedo, FL? Learn where the deals are, get short sale lists and find condos for sale in Lake Mary.
My partner and I stumbled over here from a different website and thought I may as well check things out. I like what I see so now i’m following you. Look forward to looking at your web page for a second time.