Ghostty Is Now Non-Profit
9 hours ago
- Ghostty is now a non-profit project fiscally sponsored by Hack Club, a registered 501(c)(3) organization.
- Fiscal sponsorship allows Ghostty to operate under Hack Club's tax-exempt status, with Hack Club handling compliance, donations, accounting, and governance.
- The non-profit structure ensures Ghostty remains free and open source, prevents a 'rug pull', and legally binds the project to public-benefit purposes.
- Technically, nothing changes for Ghostty; the MIT license and project goals remain the same.
- Ghostty can now accept tax-deductible donations in the U.S., with plans to compensate contributors, support dependencies, and fund community events.
- All financial transactions are transparent via a public ledger on Hack Club Bank; applicable IP has been transferred to Hack Club.
- Mitchell Hashimoto remains project lead, with no personal benefit from donations; all funds go to the project and community.
- Hack Club receives 7% of donations to cover administrative costs, and Mitchell's family is donating $150,000 directly to Hack Club.
- Donations are encouraged to support Ghostty's sustainable development and open-source mission.