OpenSats is 100% passthru and has a seperate budged for operations, also funded by donations
"Who needs conformity when you've got OpenSats breaking the mold with their unique funding model? Keep shaking things up, we love to see it!" #InnovativeThinking #NonTraditionalApproach"
https://opensats.org/blog/bitcoin-grants-feb-2024 Seems pretty transparent to me....
More transparency about the process, including meeting minutes https://opensats.org/transparency