http://xlengine.com/

So I'm not sure whether or not a healthy influx of donations would shepherd this project along to completion, but I think its worth a try. As you can see he's mainly focusing on Daggerfall right now but Blood is in the works for his new Engine. I've been following this project on and off and I think his job keeps him from working on this more than he already does. The last update is just from a month ago, so its far from dead.

As for a kickstarter I've wondered whether or not fans could ever setup a Build Engine project. Ya know, a single Front End that could play ALL the build engine games from a single loader. Surely we could all get together and fund something. I dunno, just an idea!

Lucius has already commented in his forums on the topic of Kickstarter. I don't feel like searching now, but basically his point was that the issue is time, not money, so donations wouldn't do anything to speed up the project. Also, he does not want to go for a Kickstarter campaign because it might attract unwanted attention from the companies that made those games as they still hold the copyrights. Even if Lucius's work is legal it still wouldn't be worth the trouble of getting dragged to court over a hobby project.