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Why is Khan Academy a not-for-profit?

Khan Academy is an IRS recognized 501c3 not-for-profit (non-profit) organization. Khan Academy materials are available for free at www.khanacademy.orgThe organization is supported through the generosity of donors and grants. We believe that everyone should have the right to access a world class education for free.

Although Sal has been approached about making Khan Academy for-profit, it just didn't feel right to him. His view is “When I'm 80, I want to feel that I helped give access to a world-class education to billions of students around the world. Sounds a lot better than starting a business that educates some subset of the developed world that can pay $19.95/month and eventually selling it to some text book company or something. I already have a beautiful wife, a hilarious son, two Hondas and a decent house. What else does a man need?”

With that said, if you are a social venture capitalist and are looking to deploy capital with the highest possible social return per dollar invested, we should talk. We think you'll find that there is no more measurable, scalable and high impact way to educate the world. 

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    Thank you for your interest on educating the rest of us, for free,and that would like to educate them selves. This is the perfect way to do so... Thank you so much for this; I will be using this academy to better educate myself and my child in every aspect offered...

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    Sal is going to be blessed forever. Thank you for this opportunity. God bless you.