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by neiljohnson 487 days ago
The intention is very much to offer greater financial transparency, in fact doing so is a prerequisite for multiple funding sources.

The Matrix Foundation Governing Board now has a dedicated finance committee, I don't have concrete timelines for publishing, though I would expect this to happen within a small number of months.

https://matrix.org/blog/2024/12/governing-board-first-report...

1 comments

I've never run a non-profit, but what's stopping the Foundation from releasing a raw dump of expenses?

Where I live, all government contracts/invoices need to be published before they come into effect. This obviously required some setup, but presumably you already have similar data as a source for the planned report, why not release it?

Because a raw dump of expenses obscures many important details, and sets people up for misunderstanding things and reporting them out of context.

I'd love to get to a point of radical and automatic transparency as you describe, but that takes a great deal of effort to do well – and the Matrix.org Foundation is still in its infancy. Gotta learn to walk before we can run!