alt Hacker NewsI would add that with this attitude and how new this initiative is, there's very little chance it will still be updated 5 years from now. Really this sort of thing needs to come from Easylist or similar, who have a track record of maintaining these for years.
I don't understand the need for the author to commit the rest of his life to this or start a foundation. It is a good list for now and if its never updated again, that seems fine.