The Open Source Endowment Foundation is a US 501(c)(3) tax-exempt public charity. Below is our progress on key milestones.
Key tasks to legally implement key OSE principles, ensure its community-driven governance model and enable its long-term scalability.
| Target | Status |
|---|---|
| US nonprofit corporation | ✅ |
| Bylaws & key entity docs | ✅ |
| Initial board of directors | ✅ |
| Public GitHub repo | ✅ |
| Membership policy | ✅ |
| Investments of donations | ✅ |
| Dashboard for donors | ✅ |
| 501(c)(3) charity status | ✅ |
| Investment policy | ⏳ |
| Finalized board of directors | ⏳ |
Key tasks to optimize the impact and efficiency of OSE's grant-making activities.
| Target | Status |
|---|---|
| MVP for data-driven donations | ✅ |
| Draft grant-making model | ✅ |
| Select asset manager | ✅ |
| First endowment fund income | ✅ |
| Implemented model infra | ⏳ |
| Finalized grant-making model | ⏳ |
| First model-based grants |
Key tasks to increase the incoming flow of donations.
| Target | Status |
|---|---|
| Co-founding donors | ✅ |
| Bank wires (USD) | ✅ |
| Card payments | ✅ |
| Website | ✅ |
| Donation platforms | ✅ |
| Stablecoins / crypto | ✅ |
| Non-USD donations | ✅ |
| Public stock donations | ✅ |
| Private stock donations | ✅ |
| 501(c)(3) platforms (DAF, etc.) | ✅ |
| Advanced website | ✅ |
| Public GitHub repo | ✅ |
| API-based donations |
| 2025 ✅ | 2026 | 2027 | |
|---|---|---|---|
| Governance |
Functional 501(c)(3) entity ✅ Core infrastructure is set up ✅ |
Effective open governance Tax exemptions in the EU/UK |
First community board members |
| Grants |
First model-related community meeting ✅ |
First model approved FOSS model-based index Full cycle for grant distribution |
Public impact studies Second model approved |
| Fundraising |
20-100 co-founding individuals ✅ $0.5-1M total donations ✅ |
Public launch with 501(c)(3) status Scaling in the dev community First institutional donors ✅ |
Scaling in the tech community More institutional donors |