this post was submitted on 28 Jun 2023
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Usually it takes a pretty big project to warrant a foundation, think like FreeBSD or Apache. Kbin is still pretty small. They've grown a lot recently like Lemmy, but not near as big. They don't have big development expenses since the project host is free and the developers are all volunteers. I think the devs are running kbin.social as well so that's probably where more of the expense is incurred. Still I'm sure donations are a help even though the project is not particularly expensive.
Having a foundation/non-profit is easy and virtually free of fees. Small-time hobbyist sports clubs of like 10 people often have a nonprofit to manage the (small) finances of the group where I live. Kbin has potential to be a very big player in the post-reddit times, with millions of users. I don't know what ernest does for living but it wouldn't take much money to pay him full-time for Kbin development, but that would be the kind of expenses I was thinking (and later small-time marketing)