“Freedom of the Press Foundation”: WikiLeaks devises new way to raise funds
Julian Assange led WikiLeaks has launched a new platform called the “Freedom of the Press Foundation” to overcome banking blockade against it, and to promote aggressive, public-interest journalism focused on exposing mismanagement, corruption and law-breaking in government.
The Foundation was an initiative of the Electronic Frontier Foundation (EFF), a U.S.-based non-profit digital rights advocacy group.
How this Foundation would help?
Wikileaks, against which financial blockade was imposed, facing severe finance crunch. The newly launched Foundation will help in collecting funds from donors who support its cause. The Foundation will crowd-source funds for WikiLeaks, the National Security Archive, The UpTake and MuckRock News. Donors will be able to use a slider to set how much of their donation they wish each organization to receive and can donate to WikiLeaks using their credit cards. The Foundation holds 501(c) charitable status, so donations are tax-deductible in the U.S. and Europe. It will not be possible to see by banking records what portion of a donor’s contribution, if any, goes to WikiLeaks.