The Wikimedia Foundation Inc. is the parent organization of the Wikipedia, Wiktionary, Wikiquote, Wikibooks (including Wikijunior and Wikiversity), Wikisource, Wikimedia Commons, Wikispecies, Wikinews and Meta-Wiki collaborative projects. It is a non-profit corporation based in St. Petersburg, Florida, USA, and organized under the laws of the state of Florida. Its existence was officially announced by Wikipedia co-founder Jimmy Wales, who was hitherto running Wikipedia within his company Bomis, on June 20, 2003. Its approval by the U.S. Internal Revenue Service, by letter in April 2005, as an educational foundation in the category "Adult, Continuing Education" means all contributions to the Wikimedia Foundation are tax deductible for U.S. federal income tax purposes.
In addition to the multilingual general encyclopedia Wikipedia, the Foundation manages a multi-language dictionary and thesaurus named Wiktionary, an encyclopedia of quotations named Wikiquote, a repository of source texts in any language named Wikisource, and a collection of e-book texts for students (such as textbooks and annotated public domain books) named Wikibooks. Wikijunior is a subproject of Wikibooks that specializes on books for children.
The continued growth of each of the Wikimedia projects is dependent mostly on donations but the Wikimedia Foundation tries to increase its revenue by finding alternative means of funding such as grants and sponsorship.
The Wikimedia Foundation is a 501(c)(3) nonprofit organization with a vision to bring a free encyclopedia to every single person on the planet. This includes people who currently do not have electricity, computers, internet, or even clean drinking water. All proceeds from donations, as with all proceeds from all Foundation fundraisers, are fully dedicated to that charitable purpose.
With the Foundation's announcement, Wales also transferred ownership of all Wikipedia, Wiktionary and Nupedia domain names to Wikimedia along with the copyrights for all materials related to these projects that were created by Bomis employees or Wales himself. The computer equipment used to run all the Wikimedia projects was also donated by Wales to the Foundation. The domain names wikimedia.org and wikimediafoundation.org were secured for the Foundation by Wikipedia contributor Daniel Mayer. Wikimedia's bandwidth and power are covered by donations to the project from various companies and individuals.
In January 2004, Jimmy Wales appointed his business partners Tim Shell and Michael Davis to the Board of the Wikimedia Foundation. In June 2004, an election was held for two user representative Board members. Following one month of campaigning and two weeks of online voting, Angela Beesley and Florence Nibart-Devouard were elected to join the board; they were re-elected in July 2005. Wales and Beesley later launched a startup company, Wikia, which is affiliated with neither Wikimedia nor Bomis, though it donates to Wikimedia.
Later, other official positions were developed: Tim Starling was appointed Developer Liaison to help improve the organisation of the development of the MediaWiki software, and Daniel Mayer was appointed Chief Financial Officer to help keep a budget and coordinate fund drives. Erik Möller had been the Chief Research Officer, but resigned in August 2005 due to differences with the board.Wikimedia Foundation mailing list message, August 2005. James Forrester was subsequently appointed to the position.
On July 1, 2006, Angela Beesley resigned from the board effective upon election of her successor, expressing concern about "certain events and tendencies that have arisen within the organisation since the start of this year," but stating her intent to continue to participate in the Wikimedia projects, and in the formation of an Australian chapter.Wikimedia Foundation mailing list message, July 2006
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