Re:Open Source Community Unites to Build EU CRA-Compliant Cy...
by martijnarts on Tuesday April 23, 2024 @06:26AM
(#40130319)
Here's[0] a breakdown from the foundation on that budget category. They also commit to breaking it down better in the future:
Salaries, benefits, payroll taxes, payroll service provider fees: $1.17m
Travel, event sponsorship, & support: $192k
Legal and Professional Fees: $66k
Fund transfer to the Grants Program from membership fees: $40k
Fund transfer to the Specification work from membership fees: $20k
Marketing: $36k
General Admin: (software, bank fees, meeting rooms, etc.) $20k
It's mostly salaries. They employ four engineers (software, security, infrastructure) that work on Rust, who they pay "at or above the average in their local market."[0]: https://rust-lang.zulipchat.com/#narrow/stream/335408-founda...
While names cited are associated to long-standing well-recognized projects, it strikes me at odd to include Rust Foundation here. Not only the language itself is still relatively new and used in few real life projects, but the foundation is very new (2021).
Moreover, looking at its last annual report, it spent half of it's budget (1.5M$) on "membership & admin". It seems like the true action of this foundation is to beg money from big corps and give it to a few selected members.