
Annual Report 2024-2025

In a world where knowledge is contested, pressured, and manipulated, permanence is power. The Wikimedia Endowment exists to provide that permanence. It is not just a financial instrument: it is a structural safeguard for free knowledge. When information becomes unstable, truth becomes vulnerable. Corporations rely on monetization. Disinformation thrives on volatility. An endowment does the opposite: it creates stability, independence, and long-term resilience.
President’s Message
“The Wikimedia Endowment exists because defending knowledge requires permanence. It is a long-term commitment to independence.”

Lisa Seitz Gruwell
President of the Wikimedia Endowment


Treasurer’s Note
“The Wikimedia Endowment is more than a financial vehicle; it is a covenant with the future.”

Dhaval Patel
Treasurer of the Wikimedia Endowment

“I have always believed that knowledge is the greatest power we have to change the world for the better—and Wikipedia plays a vital role in shaping that knowledge at a global scale. Such an important resource must remain for future generations, especially in an era of misinformation and growing distrust.”
—Donor from Canada—

The power of performance
Growing a lasting foundation for the future
The Endowment’s steady growth has strengthened its ability to support Wikimedia projects over time. Beginning in 2023, the Endowment also began funding grantmaking initiatives.

The power of community
Our Donors, our Foundation
A global community of 255,237 donors across 71 countries is helping build a lasting foundation for free knowledge.
Endowment-funded initiatives
Powering the Future of Knowledge: 2024-2025 Innovations Strengthening the Wikimedia Ecosystem
“With the proliferation of AI-generated misinformation, Wikipedia is becoming ever more important as a source of accurate, verified knowledge. It’s my go-to source before anything else.”
—Donor from Australia—

Donor stories
Defenders of human knowledge
Wikipedia exists because people around the world believe knowledge should be open, collaborative, and accessible to all. The Wikimedia Endowment helps ensure that this commitment can endure for generations to come.
Protecting knowledge requires permanence and resilience. Through their generosity, supporters of the Endowment help safeguard the independence and stability that allow Wikipedia and its sister projects to remain free, trusted, and accessible around the world.
The stories in this section reflect the individuals and families whose gifts help ensure that the power of knowledge remains in humanity’s hands.







Wikimedia community
A global tapestry of stories
Explore a dynamic map highlighting the experiences and contributions of Wikimedians worldwide.
“Wikipedia is a treasure trove of vetted, reviewed knowledge that improves every year. In a time of growing distrust, it remains one of the most reliable sources of information available.”
—Donor from USA—

Financial accountability
Financials
JULY 1, 2024 – JUNE 30, 2025
REPRESENTED IN US DOLLARS
| Beginning assets (market value as of July 1, 2024) | 144,325,622 |
|---|---|
| Gifts received | 11,863,214 |
| Investment gains\losses | 18,559,291 |
| Foreign currency loss | -6,648 |
| Total | 174,741,479 |
| Expenses | |
| Fundraising | 1,126,016 |
| General & Administrative | 528,442 |
| Programmatic: | 3,679,208 |
| Total Expenses | 5,333,666 |
| Market value as of June 30, 2025 | 169,407,813 |
| Change in market value in FY 24-25 | 25,082,191 |
Leadership
Leadership during the 2024-2025 Financial Year
Board of Directors
Staff Leadership
Donors
Merciधन्यवादGraciasありがとうشكراًDankeAsanteշնորհակալությունThank you!

Thank You to Our Defenders of Knowledge
We are deeply grateful to the generous benefactors of the Wikimedia Endowment. Your unwavering support guarantees the long-term sustainability and growth of Wikimedia projects, enabling millions around the world to access free, encyclopedic knowledge for generations to come.
- Arcadia
- King Baudouin Foundation
- Alex & Patricia Farman-Farmaian
- MathWorks
- I.W. Foundation
- Ike and Ellen Kier
- Gupta Family Foundation
- The Aber D. Unger Foundation
- Steven and Sandra Berglund
- Graeme Birchall
- Kevin Bonebrake and Winnie Scheuer
- Samuel Bowen
- Chris and Jennifer Brahm
- Annette Campbell-White
- In honor of David Colander
- Guy and Helen Connolly
- Disney Employee Matching Gifts
- Peter Gadwa
- Emily and Sam Glick
- Edwin A. Goodman
- Holly Gray
- Marie Griffin and Robert Coffey
- Kiwan Gu
- The Keough Family Foundation
- Jeremy Levine & Yael Taqqu
- In memory of Richard and Virginia Neufeld
- Manish Pandya
- Madeleine Richard
- Tim and Mary Riordan
- Edward and Elaine Shoben
- Doug Standing
- Albert & Candace Staton
- Diana Strassmann and Jeff Smisek
- Fred Thorlin
- Cynthia C. Wainwright and Stephen Berger
- K.L. Won
- Anonymous donors
- Kathleen and Jack Applewhite
- Brent Blumenstein and Anne Ryan
- Roger and Helen Bohl
- Charles H. and Ellen D. Brown
- David Carter
- In memory of Dileep Jivanlal Champaneria
- Niranjan and Savita Chandragiri
- Crystal Chen
- Juan Cockburn
- John Dove
- The Eubanks Memorial Trust
- Jennifer V. Furman
- Mary and Paul Henry
- P. Goetze
- Jack Goodman
- Loretta Montanari Gottshall
- Alan Gould
- Terence E. Gray
- Jack Hetherington
- David A Johnson
- Jay Jones
- Elizabeth and Albert Kidd
- Kim and Jesse Kinder
- Sally Lawrence and David Lai
- Phillip Lawson
- Jerry LeClaire
- Richard Lenon and Leslie Hsu
- Ken Lipper
- Scott Mackie and Alison Platt
- In memory of my sister MADELEINE
- Alexander Main
- Goran & Kelly Marnfeldt
- Sydney McDole and Naresh Lakhanpal
- Minassian Media
- Perry Mitchell
- Mildred B and Radhe Mohan For The Mohan Family Fund
- Jasmine Nabi
- Anil Nai
- Robert Ordal
- Terry Rossow
- Philip and Reggie Roy
- Scott Satterwhite
- Rogil Schroeter
- The Sigler Family
- Martin Smith
- Mike Speciner
- Bill Spindler
- In Memory of Marilyn McDonald
- Bruce G. Stewart
- Elizabeth Story
- Jon Thaler
- Michael Thonis
- Kit Transue
- Jack Triplett
- Caitlin Virtue
- Beverly and Darrell Weaver
- Bruce Whiting
- Anonymous donors

Wikimedia Foundation
The Wikimedia Foundation
Explore how the Wikimedia Foundation supports the people, technology, and global community behind Wikipedia in the 2024–2025 Annual Report. Through the story of a single Wikipedia article, discover how thousands of contributions come together to build knowledge that the world relies on every day.
Help Ensure Wikipedia’s Future
Giving today
The Wikimedia Endowment ensures that Wikipedia and the related projects will continue to provide the world with high-quality encyclopedic knowledge now and into the future. Making a gift today is the simplest way to ensure that Wikipedia remains strong, stable, and always there when you need it. There are many ways to make a gift, including online, through a Donor Advised Fund, gifts of stock, Qualified Charitable Distributions, Charitable Gift Annuities, or a legacy gift, such as naming us in your will. To learn more, visit wikimediaendowment.org.
Giving tomorrow
Your love of Wikipedia can live on by including Wikimedia in your estate plans. By naming the Wikimedia Endowment in your will or as a beneficiary of your retirement plan or insurance policy, you can leave a legacy that will benefit the next generation of Wikipedia readers. To learn more, email legacy@wikimedia.org.

And that’s 2025 wrapped
Feel free to download this report as a PDF booklet, and to share it with your friends online.
Contact Us
For more information about the Wikimedia Endowment, please contact us at endowment@wikimedia.org.
For information on how you can support the Endowment with a planned gift, please contact legacy@wikimedia.org, or call +1 415-541-3506 ext. 6863
Photo Credits
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The Power of Knowledge Hero Wikimedia FoundationCC BY-SA 4.0 -
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