site/components/announcements/elon.mdx
zach latta a3d5226e2c
Lachlan's new /fiscal-sponsorship page (#1087)
Co-authored-by: Lachlan Campbell <lachlanjc@hey.com>
2024-02-29 11:55:24 -05:00

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import Amount from './amount'
import Signature from '../signature'
# Today, Im proud to share: Elon&nbsp;Musk is donating <Amount amount="$500,000" /> to&nbsp;[Hack&nbsp;Club](https://hackclub.com).
Elon Musk is one of the most prolific and ambitious hackers of the last decade.
It was a huge honor last month to have Elon [spend an hour in an ask-me-anything call with our community of high schoolers](https://youtu.be/riru9OzScwk)—at one point he remarked we were “asking better questions than all the mainstream media” and called our community “very wholesome.”
**Afterwards, Elon wanted to support Hack&nbsp;Club further.**
When hackers see problems in the world, we dont blame someone else: we try to take them on to solve. Elon is very selective about the nonprofits he supports and Im proud Hack&nbsp;Club is one of them.
So…how will Hack&nbsp;Club invest $500,000? We want to use this to help 1,000 more students start and join Hack Clubs in their towns ([see the worldwide map](https://hackclub.com/map/)). For those already in Hack&nbsp;Club, we look to you to help us make a higher-quality experience. We plan to continue much of what were already doing (and [what I wrote about in January](https://zachinto2020.wordpress.com/2019/12/31/as-midnight-approaches/)): spending as little money as possible at all times, growing slowly, adding diverse staff to make Hack&nbsp;Club better (video game designers, software engineers, media producers, and more). We are pushing hard to try and make the [Hack&nbsp;Club Slack](https://hackclub.com/) the best place to be a teenager on the internet and expanding [HCB](https://hackclub.com/fiscal-sponsorship/).
Well be fully transparent in how we spend this money. One thing weve been working toward after winning the [Frank Grant](https://grant.frank.ly/) is open sourcing our finances. Hack&nbsp;Club HQ has been running on HCB since February, and starting today, [**you can see our finances publicly**](https://hcb.hackclub.com/hq). Through HCB, you can track how we spend every dollar of Elons gift. Soon, well also launch [Franks](https://frank.ly/) transparency tools on [hackclub.com](https://hackclub.com/).
Hack&nbsp;Clubs mission is to build a new generation of hackers. This starts in high school, where Hack&nbsp;Club students learn to be technically proficient, build their friend network, learn to raise and spend money, and develop into kind, curious, thoughtful, optimistic, and honest leaders. And now Elon Musk is one of our largest supporters.
To every Hack Clubber: Elon is now supporting you and your work, so go forth and do amazing things. We cant wait to show Elon what you make.
<Signature fname="Zach" lname="Latta" />
Zach Latta, Founder