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The Almighty Buck

Wikipedia Meets $16M Budget Goal 255

netbuzz writes "Thanks to some 630,000 individual contributions that averaged $22 apiece, Wikipedia has reached its fundraising goal of $16 million, founder Jimmy Wales announced over the weekend. Writes Wales, '... this year is a little more incredible than most because this year we celebrate Wikipedia's tenth anniversary. It's so important that we kick the year off just like this: by fully funding the Wikimedia Foundation's budget to support Wikipedia and all the sister projects as we head into the next decade of our work together.' The online encyclopedia now boasts of being the Internet's fifth largest site, which renews questioning by some as to whether it can afford over the long haul to stand by its policy of refusing advertising."

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