Signal Foundation

The Signal Foundation, officially the Signal Technology Foundation,[2][3] is a non-profit organization founded in 2018 by Moxie Marlinspike and Brian Acton.[4] Its mission is "to develop open-source privacy technology that protects free expression and enables secure global communication."[7]

Signal Foundation
Signal Technology Foundation
FoundedJanuary 10, 2018 (2018-01-10)[1]
Founders
Type501(c)(3) nonprofit organization
82-4506840 [2]
FocusOpen-source privacy technology
Headquarters650 Castro Street, Suite 120-223 [3]
Location
  • Mountain View, CA
Area served
Global
Key people
SubsidiariesSignal Messenger
Revenue (2018)
$609,365 [5]
Staff (2020)
20 [6]
Websitesignalfoundation.org

The foundation shares its name with the Signal messaging app.

History

On February 21, 2018, Moxie Marlinspike and WhatsApp co-founder Brian Acton announced the formation of the Signal Foundation, a 501(c)(3) nonprofit organization.[4][8] The foundation was started with an initial $50 million in funding from Acton, who had left WhatsApp's parent company Facebook in September 2017.[8] The Freedom of the Press Foundation had previously served as the Signal project's fiscal sponsor and continued to accept donations on behalf of the project while the foundation's non-profit status was pending.[4]

The initial $50M in funding was a loan, not a donation, from Brian Acton to the new nonprofit Signal Technology Foundation. By the end of 2018, the loan had increased to $105,000,400, which is due to be repaid on February 28, 2068. The loan is unsecured and at 0% interest.[5]

The Foundation is completely controlled by Brian Acton, who is the sole "member" of the nonprofit, with the right to appoint or remove every member of the Board of Directors. The Board consists of Acton and Marlinspike. Acton is also the President.[5]

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gollark: literally anythingliterally anythingliterally anythingliterally anythingliterally anything
gollark: Only 7?
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See also

References
  1. "Signal Technology Foundation". OpenCorporates. Delaware Department of State: Division of Corporations. 15 July 2018. Retrieved 13 February 2019.
  2. "Signal Technology Foundation". Nonprofit Explorer. Pro Publica Inc. Retrieved 6 June 2019.
  3. "Statement of Information" (PDF). businesssearch.sos.ca.gov. California Secretary of State. 28 August 2018. Retrieved 13 February 2019.
  4. Marlinspike, Moxie; Acton, Brian (21 February 2018). "Signal Foundation". Signal.org. Retrieved 21 February 2018.
  5. "Signal Technology Foundation - Form 990 for period ending December 2018". Nonprofit Explorer. ProPublica. Retrieved 15 February 2020.
  6. Greenberg, Andy (14 February 2020). "Signal Is Finally Bringing Its Secure Messaging to the Masses". Wired. Condé Nast. Retrieved 15 February 2020.
  7. https://signalfoundation.org/
  8. Greenberg, Andy (21 February 2018). "WhatsApp Co-Founder Puts $50M Into Signal To Supercharge Encrypted Messaging". Wired. Condé Nast. Retrieved 21 February 2018.
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