This 3 minute video provides an overview of the history and mission of the Wikimedia Foundation. It explains that the Wikimedia Foundation was founded in 2003 to operate Wikipedia and other wiki projects, with the goal of bringing free educational content to the world by leveraging the knowledge of volunteers. The video highlights that Wikipedia now exists in over 280 languages and is one of the top 10 most visited websites globally, providing a compelling example of how open collaboration can educate people worldwide.