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From Sally Khudairi ...@apache.org>
Subject The Apache® Software Foundation Receives Bitcoin Donation from Pineapple Fund Valued at $1M
Date Thu, 18 Jan 2018 14:30:52 GMT
[this announcement is available online at https://s.apache.org/udGT ]

Charitable donation helps underwrite the world's largest Open Source foundation, benefiting
billions of users who depend on Apache's freely-available Open Source community-driven software.

Forest Hill, MD —18 January 2018— The Apache® Software Foundation (ASF), the all-volunteer
developers, stewards, and incubators of more than 350 Open Source projects and initiatives,
announced today that it has received a 88.34 Bitcoin (BTC) donation from the Pineapple Fund,
valued at $1M at the time of the donation.

”Cryptocurrency is a fascinating way to support the ASF,” said Kevin A. McGrail, ASF Vice
President of Fundraising. ”We look forward to using Pineapple Fund's donation to enhance
our mission to provide Open Source software that is intrinsic to computing, from Web servers
to smartphones to Cloud computing to the next evolutionary technology.”

The Pineapple Fund is a project donating 5500 BTC (~$86M) to various charities around the
world, with the goal of making “bold and smart bets that will impact everyone in our world”.
https://pineapplefund.org/
 
In addition to the Pineapple Fund’s charitable donation, the ASF receives financial support
from corporate sponsors and individual donors. These essential funds help the ASF ensure that
Apache software projects continue to be available to users around the world at absolutely
no cost.

As a United States private, 501(c)(3) not-for-profit charitable organization, the ASF is funded
through tax-deductible contributions from corporations, foundations, and private individuals.
Their collective contributions offset day-to-day operating expenses such as bandwidth and
connectivity, servers and hardware, legal and accounting services, brand management and public
relations, general office expenditures, and support staff. Approximately 75% of the ASF's
annual budget is dedicated to running critical infrastructure support services that keep Apache
services running 24x7x365 at near 100% uptime.

There are two ways to help the ASF reach its financial goals:

 1) Individual Donations --for one-off or recurring gifts of any size, via credit card, PayPal,
ACH, and more; 

 2) ASF Sponsorship program --for organizations, individuals, foundations, and endowments
contributing $5,000 or more.

For information on supporting the ASF, please visit http://apache.org/foundation/contributing.html

About The Apache Software Foundation (ASF)
Established in 1999, the all-volunteer Foundation oversees more than 350 leading Open Source
projects, including Apache HTTP Server --the world's most popular Web server software. Through
the ASF's meritocratic process known as "The Apache Way," more than 680 individual Members
and 6,500 Committers across six continents successfully collaborate to develop freely available
enterprise-grade software, benefiting millions of users worldwide: thousands of software solutions
are distributed under the Apache License; and the community actively participates in ASF mailing
lists, mentoring initiatives, and ApacheCon, the Foundation's official user conference, trainings,
and expo. The ASF is a US 501(c)(3) charitable organization, funded by individual donations
and corporate sponsors including Aetna, Alibaba Cloud Computing, ARM, Bloomberg, Budget Direct,
Capital One, Cash Store, Cerner, Cloudera, Comcast, Facebook, Google, Hewlett Packard, Hortonworks,
Huawei, IBM, Inspur, iSIGMA, ODPi, LeaseWeb, Microsoft, PhoenixNAP, Pivotal, Private Internet
Access, Red Hat, Target, Union Investment, and Yahoo. For more information, visit http://apache.org/
and https://twitter.com/TheASF

© The Apache Software Foundation. "Apache" and "ApacheCon" are registered trademarks or trademarks
of the Apache Software Foundation in the United States and/or other countries. All other brands
and trademarks are the property of their respective owners. 

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