Khan Academy
Khan Academy
Khan Academy is a non-profit[1] educational organization created in 2008 by Salman Khan with the goal of creating a set of online tools that help educate students.[2] The organization produces short lessons in the form of videos.[3] Its website also includes supplementary practice exercises and materials for educators. All resources are available for free to users of the website and app.
The organization started in 2008 when Salman Khan tutored one of his cousins in mathematics on the Internet using a service called Yahoo! Doodle Images.[4] After a while, Khan's other cousins began to use his tutoring service. Due to the demand, Khan decided to make his videos watchable on the Internet, so he published his content on YouTube.[5] Later, he used a drawing application called SmoothDraw, and now uses a Wacom tablet to draw using ArtRage. The video tutorials were recorded on his computer.[6]
The positive responses prompted Khan to quit his job in 2009, and focus on the tutorials (then released under the name Khan Academy) full-time.[7] Khan Lab School, a school founded by Sal Khan and associated with Khan Academy, opened on September 15, 2014 in Mountain View, California.[8] In June 2017, Khan Academy launched Financial Literacy Video Series for college graduates, job seekers and young professionals.
Funding
Khan Academy is a 501(c)(3) nonprofit organization, mostly funded by donations coming from philanthropic organizations.[9] In 2010, Google donated $2 million for creating new courses and translating content into other languages, as part of their Project 10100 program.[10] In 2013, Carlos Slim from the Carlos Slim Foundation in Mexico, made a donation for creating Spanish versions of videos.[11] In 2015, AT&T contributed $2.25 million to Khan Academy for mobile versions of the content accessible through apps.[12] According to Khan Academy's filings with the U.S. Internal Revenue Service, Sal Khan's annual salary in 2015 was $800,000.[13] In 2013, former President and COO Shantanu Sinha also received over $375,000 in compensation.[14]
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