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Why I'm donating $150/month (10% of my income) to the musl Libc project (2019)

andrewkelley.me

21–30 of 175 posts

Re: Why I'm donating $150/month (10% of my income) to the musl Libc project (2019)

#22

this person makes $1500 a month?

The Zig foundation is super transparent about where their money goes, modulo a few months of delay. Technically he's drawing a salary of something like 12k/month but he donates most of it back to the foundation (initially 100% of it was being donated back, but he's scaled back gradually so it's more like 80% last I checked). I don't know if he has any other income but it seems like Zig is really a labor of love.

Re: Why I'm donating $150/month (10% of my income) to the musl Libc project (2019)

#23

2021 update: * The Zig Software Foundation now exists * My total income including ZSF Salary, GitHub Sponsors, Patreon is now about 4000 USD per month. Legally, my ZSF salary is 160K per year, but I have been consistently donating it back to the org since frankly we just don't have that much revenue at this point in time, and I've been prioritizing getting that money to other Zig contributors. * The $150/month to Ric…

Sorry, I'm not American so this may be a dumb question, but why set your salary to $160k instead of what it actually is? Does it have to do with US tax law or non-profit org law?

Re: Why I'm donating $150/month (10% of my income) to the musl Libc project (2019)

#25
post #16

Consider joining Giving What We Can - an international community of people who have pledged to give at least 10% of their income to causes that they think are most effective at eliminating what they think are the world's biggest problems. (I'm a proud member for 10 years). https://www.givingwhatwecan.org/

I'm interested: why join this when you can simply donate 10% to charities without joining this?

Sense of community. I used to have the belief that being an anonymous donor, giving money to charities quietly, was the right and noble thing to do. Then there was the Ice Bucket Challenge and I realized that an individual donation is nothing compared to the multiplying effect that comes from having others within your community and network join in, and that requires finding creative ways of signaling your donations to others. Some find it distasteful to signal this, but the problem is that the end result of signaling donations is so much more effective that it's worth it.

Joining a community of people who also pledge to participate in charity and promote charities to one another could be a way to eliminate the distasteful part of signaling to others that you donate to charities. It can also work as a way to integrate charities and donations as a routine part of your expenses and budgeting.

Re: Why I'm donating $150/month (10% of my income) to the musl Libc project (2019)

#26

2021 update: * The Zig Software Foundation now exists * My total income including ZSF Salary, GitHub Sponsors, Patreon is now about 4000 USD per month. Legally, my ZSF salary is 160K per year, but I have been consistently donating it back to the org since frankly we just don't have that much revenue at this point in time, and I've been prioritizing getting that money to other Zig contributors. * The $150/month to Ric…

I've been following V for a few years now and it's pretty awesome. Development is very active.

Re: Why I'm donating $150/month (10% of my income) to the musl Libc project (2019)

#27

2021 update: * The Zig Software Foundation now exists * My total income including ZSF Salary, GitHub Sponsors, Patreon is now about 4000 USD per month. Legally, my ZSF salary is 160K per year, but I have been consistently donating it back to the org since frankly we just don't have that much revenue at this point in time, and I've been prioritizing getting that money to other Zig contributors. * The $150/month to Ric…

Sorry, I'm not American so this may be a dumb question, but why set your salary to $160k instead of what it actually is? Does it have to do with US tax law or non-profit org law?

This is just me taking a guess, but one benefit to him setting a real salary and donating the money back is that for the purpose of credit checks and consumer loans (e.g. a home mortgage for a primary residence), he can qualify for appropriate amounts. It also appropriately models what's happening: he's paying himself a "market salary" (in quotes because his market value is probably much higher than that, but I'm speaking relatively to a "stipend salary" here) and he is working full-time on the project, but donating back the portion he doesn't need to spend on disposable income (due to his own personal frugality). Actually quite an admirable way to do it -- hopefully he has figured out some way to not suffer extra taxes from that setup.

Re: Why I'm donating $150/month (10% of my income) to the musl Libc project (2019)

#28

2021 update: * The Zig Software Foundation now exists * My total income including ZSF Salary, GitHub Sponsors, Patreon is now about 4000 USD per month. Legally, my ZSF salary is 160K per year, but I have been consistently donating it back to the org since frankly we just don't have that much revenue at this point in time, and I've been prioritizing getting that money to other Zig contributors. * The $150/month to Ric…

Sorry, I'm not American so this may be a dumb question, but why set your salary to $160k instead of what it actually is? Does it have to do with US tax law or non-profit org law?

One difference: you have control over when you give yourself a pay raise instead of having to go through the org chart/board. May not be the most efficient strategy with taxes though.

Re: Why I'm donating $150/month (10% of my income) to the musl Libc project (2019)

#29

Earlier quoted context omitted.

Sorry, I'm not American so this may be a dumb question, but why set your salary to $160k instead of what it actually is? Does it have to do with US tax law or non-profit org law?

This is just me taking a guess, but one benefit to him setting a real salary and donating the money back is that for the purpose of credit checks and consumer loans (e.g. a home mortgage for a primary residence), he can qualify for appropriate amounts. It also appropriately models what's happening: he's paying himself a "market salary" (in quotes because his market value is probably much higher than that, but I'm spe…

He is definitely paying extra taxes. Donations don't reduce social security and medicare tax liability, and depending on the arrangement either he or the foundation is paying for the "other half" of the tax

Re: Why I'm donating $150/month (10% of my income) to the musl Libc project (2019)

#30

Somehow I loved this article and the response, even though it was admittedly a funding stunt. There was something very endearing about how straitforward and innocent the stunt was. Two very deserving projects got funding (musl and Zig). I have used musl, mainly through Alpine Linux. I have not used Zig, but it seems it is a very interesting answer to the question of what does a systems programming language that is no…

My ignorance is showing but, why Zig deserve to be funded?
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