TechFlow news — On August 27, Josh Stark, a member of the Ethereum Foundation (EF), recently revealed that EF is preparing to release its latest financial report covering 2022 and 2023, expected to be published prior to Devcon SEA. According to the preview, EF's spending structure demonstrates a balanced focus on both internal and external initiatives.
Internal expenditures account for approximately 38% of total spending, primarily funding R&D efforts by core teams such as Geth, Privacy & Scaling Exploration (PSE), Solidity, and cryptographic research. These projects are critical to the stability and continuous innovation of the Ethereum network. External spending makes up the larger share at around 62%, with funds mainly distributed in the form of grants to organizations like Nomic Foundation, Decentralization Research Centre, L2Beat, and 0xPARC Foundation.
Ethereum co-founder Vitalik Buterin responded to the announcement and disclosed his own annual salary. Based on a chart shared by Vitalik, Ethereum Foundation expenditures are categorized into areas including "New Institutions," "Ecosystem Support," and "Research & Development." In responding to a user’s inquiry, Vitalik revealed his annual salary to be 182,000 Singapore dollars (approximately $135,000 USD).
