Can you point out some existing ones with traction? I'm looking more at the list of people who are on board with it ("Trusted by open source creators" section) than who is actually running it, which I think is more important to get buy in than whoever is pulling admin strings in the back.

Former VC!?

KV ... you gonna take that lying down? :P

> There are many existing projects like this

Also please link, we're not aware of any other endowments exclusively focused on Open Source.

Not the former VC, but an active venture capitalist: https://kvinogradov.com. I earn money by investing in open source / AI / infra software startups, and I spend money by donating to nonprofit open source projects :-)

Also, it is not a VC who run things, but the team which consists of people with diverse backgrounds (founders/executives/devs x OSS/nonprofit) and the donor community (which everybody can join): https://endowment.dev/community/

We all - the OSE donors - are donating personal savings to make this work, and are directly interested to make this org as efficient as possible. Having skin in the game is best way to keep such nonprofits accountable. There is no leftovers or fees - all investment income from donations goes to open source, except for minimized operating expenses (e.g. accounting). It is run by the team of volunteers without salaries, and we require $1000+/year donations from all directors of this org.