Ghostty is now a non-profit organization, fiscally sponsored by Hack Club, a registered 501(c)(3). This arrangement allows Ghostty to benefit from tax-exempt status while Hack Club manages compliance and financial oversight. The decision to become a non-profit stems from Mitchell Hashimoto's desire to ensure sustainable development for Ghostty, allowing it to function independently of his direct involvement. He aims to eliminate fears of misappropriation of funds and ensure the project's mission remains focused on public benefit. From a technical standpoint, Ghostty's structure and goals remain unchanged. The project will continue under the MIT license, and Hashimoto plans to start compensating contributors and supporting operational costs. Financial transparency is a priority, with all transactions accessible through a public ledger on Hack Club Bank. Currently, all intellectual property associated with Ghostty is owned by Hack Club, while copyright remains with individual contributors. Hack Club takes a 7% fee from donations to cover administrative costs and support its broader mission. Hashimoto has also pledged $150,000 to Hack Club to further their initiatives. While the article doesn't delve into specific funding goals or budget details, Hashimoto invites community support for Ghostty, emphasizing the importance of contributions in maintaining its free and open-source nature.