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.

Photo by Ixitixel, CC BY-SA 3.0File provided by Wikimedia Commons
Photo by Mimk0205, CC BY-SA 4.0File provided by Wikimedia Commons
Photo by Rotational, Public domainFile provided by Wikimedia Commons
Photo by Marcello Vicidomini, CC BY 2.0File provided by Wikimedia Commons

Financials

JULY 1, 2024 – JUNE 30, 2025

REPRESENTED IN US DOLLARS

Beginning assets (market value as of July 1, 2024)144,325,622
Gifts received11,863,214
Investment gains\losses18,559,291
Foreign currency loss-6,648
Total174,741,479
Expenses
Fundraising1,126,016
General & Administrative528,442
Programmatic:3,679,208
Total Expenses5,333,666
Market value as of June 30, 2025169,407,813
Change in market value in FY 24-2525,082,191

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

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.

Photo by Ekvidi – Jason Krüger for Wikimedia Deutschland, CC BY-SA 4.0File provided by Wikimedia Commons

And that’s 2025 wrapped

Feel free to download this report as a PDF booklet, and to share it with your friends online.

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