- Published on
Operations Budget
OpenSats is a US 501(c)(3) public charity (EIN 85-2722249). 100% of every dollar that comes into the General Fund or the Nostr Fund goes to grantees. The Operations Budget covers our own running costs separately: reviewing applications, sending out monthly grant payments to people in dozens of countries, filing the paperwork, running this website, and keeping the lights on.
A small team handles operations day to day. All of the actual grant-making decisions are made by the OpenSats board and by fund-specific committees whose members volunteer their time. The bulk of the operations budget goes toward staff salaries and the legal, accounting, and infrastructure costs of running a US public charity that ships money internationally each month.
If you want to see how the operations budget actually gets spent, our bylaws, financial filings, and end-of-year reports live on the transparency page. We keep our operational budget separate so we can allocate 100% of our other funds toward open-source development; money you give to those funds goes to grantees, full stop.
Donate to the Operations Budget if you want OpenSats itself to stay funded so the pass-through promise on the other funds keeps holding. If you'd rather your money go straight to a project or to a specific fund, head over to our other funds. Donations from US taxpayers are tax deductible. You can read more about the org on the About Us page.
Related Announcements
- OpenSats receives a recurring donation from Bitwise for open-source Bitcoin development.
- Published on
OpenSats secures a $116,000 grant from HRF’s Bitcoin Development Fund for our Operations Budget.- Published on
StarkWare and Starknet Foundation are supporting OpenSats with a $400,000 donation.- Published on
OpenSats receives a recurring donation commitment from Steak 'n Shake.- Published on
Tether is supporting OpenSats with a $250,000 donation.
