About Wikimedia Endowment
The Wikimedia Endowment is a permanent fund established to safeguard Wikipedia's future and ensure the long-term sustainability of free knowledge. Launched in January 2016 on Wikipedia's 15th anniversary, the Endowment operates as an independent U.S.-based 501(c)(3) nonprofit charitable organization administered in partnership with the Tides Foundation. Its core mission is to provide enduring financial stability for Wikipedia and related Wikimedia projects, serving as both a safety net during uncertain times and a springboard for innovation during prosperous periods.
As of June 2024, the Endowment is valued at $144 million, having reached its initial goal of $100 million ahead of schedule in June 2021. The Endowment follows a 4% spending policy based on a rolling three-year average of its portfolio value. Since 2023, it has begun using investment income to fund strategic grants focused on technical innovation, including investments in Wikidata, Abstract Wikipedia, machine learning infrastructure, Kiwix for offline access, and MediaWiki improvements. The Endowment represents a collective commitment to preserving the world's largest collection of human knowledge for generations to come.
FAQs
- When was Wikimedia Endowment founded?
- Wikimedia Endowment was founded in 2016.
- Who is the CEO of Wikimedia Endowment?
- Lisa Seitz Gruwell is the CEO.
- What industries or markets does Wikimedia Endowment operate in?
- Wikimedia Endowment operates in the following markets: Nonprofit Organizations (501(c)(3)), Philanthropy & Charitable Giving, Endowment Management, Grantmaking & Strategic Funding, Education & Public Knowledge, Open Knowledge & Open Access, Digital Publishing & Online Content Platforms, Internet Communities & Wikimedia Ecosystem, Open Source Software (MediaWiki), Technology Innovation Funding (AI ML, and Data Infrastructure).
- How many employees does Wikimedia Endowment have?
- Wikimedia Endowment has 1-10 employees.
- Where does Wikimedia Endowment have employees?
- Wikimedia Endowment has employees in United States.
- Does Wikimedia Endowment support remote work or working from home?
- Yes, Wikimedia Endowment is a remote-friendly company.
- Does Wikimedia Endowment offer a four-day work week?
- No, Wikimedia Endowment does not offer a four-day work week.
- What is Wikimedia Endowment's website?
- Wikimedia Endowment's website is wikimediaendowment.org.
- Where can I find Wikimedia Endowment on social media?
- You can find Wikimedia Endowment on LinkedIn.
United States