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The '''Wikimedia Foundation''' is non-profit organization which was established by [[Jimmy Wales]], co-founder of [[Wikipedia]]. Based on the Bylaws of the foundation, it's main objective is to collect, develop and disseminate educational content under a free license worldwide.<ref>[http://wikimediafoundation.org/w/index.php?title=Wikimedia_Foundation_bylaws&oldid=20641#ARTICLE_II_-_STATEMENT_OF_PURPOSE Bylaws of the Wikimedia Foundation]</ref> The organization's headquarter is located in San Francisco, California and it was officially incorporated on June 30, 2003 under the laws of the state of Florida.<ref>[http://lists.wikimedia.org/pipermail/wikipedia-l/2003-June/010743.html Jimmy Wales Announces Wikimedia Foundation]</ref>

The '''Wikimedia Foundation''' is non-profit organization which was established by [[Jimmy Wales]], co-founder of [[Wikipedia]]. Based on the Bylaws of the foundation, it's main objective is to collect, develop and disseminate educational content under a free license worldwide.<ref>[http://wikimediafoundation.org/w/index.php?title=Wikimedia_Foundation_bylaws&oldid=20641#ARTICLE_II_-_STATEMENT_OF_PURPOSE Bylaws of the Wikimedia Foundation]</ref> The organization's headquarter is located in San Francisco, California.

 

On June 20, 2003, Jimmy Wales announced the estblishment of Wikimedia Foundation as non-profit organization incorporated under the laws of the State of Florida. All assets of Nupedia and Wikipedia including copyrights of software and articles of Bomis, Inc were transferred to the foundation.<ref>[http://lists.wikimedia.org/pipermail/wikipedia-l/2003-June/010743.html Jimmy Wales Announces Wikimedia Foundation]</ref> According to Jimmy Wales, Wikimedia Foundation has only two employees, the rest are volunteers and its revenue comes from donation and grants provided by companies like Yahoo!.<ref>[http://www.thehindubusinessline.com/todays-paper/tp-eworld/article2203973.ece?ref=archive Growing on Volunteer Power]</ref>

==References==

==References==