The Alfred P. Sloan Foundation recently gifted Wikipedia, the collaborative online information resource currently ranked in the top 10 Internet sites, with a three million dollar grant. The money is aimed towards helping Wikimedia, the site's parent company, with organizational development and the quality of content.

"We are delighted to support the Wikimedia Foundation and to help develop its organizational capacity and improve the quality of its flagship, Wikipedia," said Doron Weber, Sloan Program Director for Universal Access to Recorded Knowledge. "As the largest encyclopedia in human history and one of the top ten web sites in the world, Wikipedia represents a quantum leap in collecting human knowledge from diverse sources, organizing it without commercial or other bias, and making it freely available to people everywhere."

The grant will be distributed over the course of three years, and will aim especially to improve the accuracy of some of the content available on the site.