--- title: "Funding team progress update — July 2026" url: https://daily.dev/posts/funding-team-progress-update-july-2026-jkzcrd0wb source_url: https://blog.rust-lang.org/inside-rust/2026/08/04/funding-team-progress-update-july-2026 type: article source: "Inside Rust Blog" published: 2026-08-04T13:29:56.483Z updated: 2026-08-04T13:31:44.542Z tags: ["open-source", "rust"] reading_time: 10 upvotes: 5 comments: 0 language: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # Funding team progress update — July 2026 **[Inside Rust Blog](https://daily.dev/sources/insiderustblog)** · 10 min read · 5 upvotes · 0 comments ## Summary The Rust funding team provides a progress update on the Maintainer in Residence (MiR) program, established to offer stable financial support to Rust project maintainers. Key highlights include $350K raised so far, 45 individuals expressing interest in funding across various Rust teams, and a survey showing 35% of active contributors receive no compensation despite averaging 40 hours/month of work. The team has settled on flat-rate monthly compensation ($1K–$10K depending on activity level), year-long contracts with renewal expectations, and a priority framework for selecting which teams to fund first. The short-list of priority teams includes rustup, rustfmt, clippy, rustdoc, libs, cargo, and mods. An announcement of the first MiR selections is expected by end of August. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Similar posts on daily.dev - [Launching the Rust Foundation Maintainers Fund](https://daily.dev/posts/launching-the-rust-foundation-maintainers-fund-w5yvmuraj) · Rust · 33 upvotes · 1 comments - [Program management update — April 2026](https://daily.dev/posts/program-management-update-april-2026-ykyw7hx2s) · Inside Rust Blog · 24 upvotes · 1 comments --- Tags: [#open-source](https://daily.dev/tags/open-source), [#rust](https://daily.dev/tags/rust) [View this post on daily.dev](https://daily.dev/posts/funding-team-progress-update-july-2026-jkzcrd0wb)