Jimmy Wales the Nupedia and Wikipedia projects until Bomis discontinued funding for his position in February 2002; Sanger resigned as editor-in-chief of Nupedia and as "chief organizer" of Wikipedia on March 1 of that year. Early on, Bomis supplied the financial backing for Wikipedia, and entertained the notion of placing advertisements on Wikipedia before costs were reduced with Sanger's departure and plans for a nonprofit foundation were advanced instead. Wales has asserted that he is the sole founder of Wikipedia, and has publicly disputed Sanger's designation as a co-founder. Sanger and Wales were identified as co-founders at least as early as September
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