Last week 80,000 Reddit users voted on where Reddit should donate 10 percent of its 2014 ad revenue. Here are the results.
Reddit users voted on more than 8,000 charities, a company spokesperson told VentureBeat, “with a total of 250,000+ votes cast.”
[aditude-amp id="flyingcarpet" targeting='{"env":"staging","page_type":"article","post_id":1668957,"post_type":"story","post_chan":"none","tags":null,"ai":false,"category":"none","all_categories":"business,","session":"D"}']Out of Reddit’s $8,276,594.93 in total 2014 ad revenue, the company plans to divide up 10 percent — about $827,000 — evenly among the following 10 charities. Ultimately, each will receive about $82,700 from Reddit.
- Electronic Frontier Foundation
- Planned Parenthood Federation of America
- Doctors Without Borders, USA
- Erowid Center
- Wikimedia Foundation
- Multidisciplinary Association for Psychedelic Studies
- NPR
- Free Software Foundation
- Freedom From Religion Foundation
- Tor Project Inc.
As we’ve said, Reddit revealed its plan to donate 10 percent of its ad revenue to charity last year. At the time, the company wrote:
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We want to show that advertising doesn’t just support the Reddit platform, it also directly supports the causes and goals of Reddit as a whole.
We expect the above charities to welcome Reddit’s $82,700 checks. It’ll be quite interesting, however, if Reddit makes this 10 percent donation idea a yearly thing — the amount donated could grow drastically with ad revenue.
For now, Reddit won’t say if its 10 percent donation will go annual: “We haven’t finalized our donation plan for next year, but Reddit plans to continue finding ways to give back to the community,” a spokesperson said.
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