Sloan Foundation Gives $3 Million to Wikipedia

The Wikimedia Foundation, the folks behind Wikipedia, announced today that they had secured a grant from the Alfred P. Sloan Foundation. This grant, worth $3,000,000,was donated by Sloan as part of its Digital Information Technology program.

“We are delighted to support Wikimedia in developing and sustaining its educational mission while continuously improving quality, diversity and access to knowledge for people everywhere,” said Doron Weber, Vice President, Programs at the Alfred P. Sloan Foundation. “Wikipedia embodies the ideal values of the world wide web and we are proud to be part of this bold endeavor to use the wisdom and the altruism of the crowd to create the biggest, most up-to-date and most open global encyclopedia in human history.”

This is the second major grant that the Alfred P. Sloan Foundation given Wikipedia; the first was also $3 million and it was given back in 2008. it continues to demonstrate the value that the Wikimedia Foundation brings to the goal of sharing information freely. The new funds will be used  for the goal of improving Wikipedia’s quality and accuracy as well as increasing the number and demographic diversity of its editors.