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The original was posted on /r/opensource by /u/ShaneCurcuru on 2026-02-26 16:54:04+00:00.
The OSE launches today, working on one of the biggest issues with #OpenSource #Sustainability around: funding, especially for under-visible projects or independent communities or developers maintaining all those critical little bits everyone uses somewhere. Check it out; highly worth reading about if you follow the larger open source world.
Today we’re launching the Open Source Endowment (OSE), the world’s first endowment fund dedicated to sustainably funding critical open source software. It has $750K+ in committed capital from 60+ founding donors, including founders and executives of HashiCorp, Elastic, ClickHouse, Supabase, Sentry, n8n, NGINX, Vue.js, cURL, Pydantic, Gatsby, and Zerodha.
OSE is a US 501©(3) public charity. All donations are invested in a low-risk portfolio, and only the annual investment returns are used for OSS grants. Every dollar keeps working, year after year, in perpetuity.
Our endowment is governed by its donor community, and the core team includes board members Konstantin Vinogradov(founding chairman), Chad Whitacre, and Maxim Konovalov; executive director Jonathan Starr; and advisors Amy Parker, CFRE and Vlad-Stefan Harbuz.
Everyone is welcome to donate (US contributions are tax-deductible). Those giving $1,000+ become OSE Members with real governance rights: a vote on how funds are distributed, input on strategy, and the ability to elect future board directors as the organization grows.
None of this would be possible without our founding members, to whom we are grateful: Mitchell Hashimoto, Shay Banon, Jan Oberhauser, Daniel Stenberg, Kailash Nadh, Thomas Dohmke, Alexey Milovidov, Yuxi You, Tracy Hinds, Sam Bhagwat, Chris Aniszczyk, Paul Copplestone, and many more below.
Open source runs the modern world. It’s time we built something to sustain it. Donate, become a member, and help govern how funds reach the projects we all depend on.
Disclaimer: I am one of the original donors as well, and am a Member of their nonprofit.