Sentry’s FOSS Fund 155 to financially support the open source community

Sentry, in an effort to raise the bar for how businesses interact financially with the open source community, launches FOSS Fund 155 and donates $ 154,999.89 to 108 people.

Inspiration comes from other open source funds that came before it, including FOSS Fund Adopters, started by Indeed, which grossed $ 10,000 for Sentry itself, which is an open source company. When Sentry received the investment, it pledged to increase its own financial donations to the open source community.

According to the company, the specific amount of the donation was carefully calculated. Tech companies receive an average of $ 2,000 in value per engineer from the volunteer work staff of the open source community. Since Sentry employs 75 engineers, he multiplied 75 by $ 2,000 to arrive at $ 150,000 as his target budget. The excess is money to meet contribution thresholds and currency conversions.

“All tech companies sit on the shoulders of community-backed open source giants, and Sentry is no exception. With this fund, we have prioritized supporting our dependencies in order to strengthen our supply chain. But, more than that, Sentry itself was a volunteer run project for many years. Yes, we have taken a commercial route, but we respect the many projects that have chosen another route. Maintainers should be able to determine their own futures, and financial support from our community-run dependencies makes that a little more achievable for them, ”Chad Whitacre, senior software engineer at Sentry, wrote in a statement. . blog post.

FOSS Fund 155 funds are grouped into three categories: foundation memberships (52% of the money), long-tail projects through GitHub and Open Collective sponsors (36%), and internships for new contributors. via Outreachery (13%).

To determine who to give money to, he audited his product architecture and determined that the top seven open source projects he depends on are Python, Django, Rust, JavaScript, PostgreSQL, Apache, and Linux. He gave 52% of the funds to the foundations for each project, in addition to the Open Source Initiative in order to represent the community as a whole.

Sam D. Gomez