This is a great idea and solves a huge headache for hackathon organizers. Dealing with taxes and a multiple university accounts was a huge hassle at Bitcamp. We eventually became a non-profit which took over a year to complete. It would have been great to be able to use a service like this instead. Though, given the size of Bitcamp compared to most hackathons, it probably still would make sense to go through the extra effort to be our own non-profit entity.
