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."
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.
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.
