First Waves of Funding¶

During the HACKBOAT 2025 cruise I delivered an update on the Portland Hacker Foundation after its initial grant cycle.

Highlights¶

Achieved 501(c)(3) tax-exempt status and established the foundation infrastructure (Umpqua bank account, Vanguard investment account, PayPal for donations)
Received initial $45k tax-deductible donation, invested in VGT shares (holding 57 shares)
Distributed first grant funds to Maya and Rey
Established regular HACKLUNCH gatherings at PDX Hackerspace (CTRL-H) for community engagement
Completed 2024 tax filings and all Oregon state requirements
Announced 503 Party Fundraiser event