Blockchain Charity Foundation Usa

Organization Overview

Blockchain Charity Foundation Usa is located in Washington, DC. According to its NTEE Classification (S12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Blockchain Charity Foundation USA is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Blockchain Charity Foundation USA generated $12.9m in total revenue. All expenses for the organization totaled $4.0m during the year ending 12/2021. While expenses have increased by 174.6% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, Blockchain Charity Foundation USA has awarded 17 individual grants totaling $2,581,662. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

SUPPORT THE DEVELOPMENT OF INNOVATIVE AND DISRUPTIVE BLOCK-CHAIN APPLICATIONS FOR SOCIAL GOOD.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CRYPTO AGAINST COVID: IN ADDITION TO PROVIDING PPE AID TO SAFEGUARD DOCTORS AND HEALTHCARE WORKERS WITH ESSENTIAL PERSONAL PROTECTIVE EQUIPMENT CRYOGENIC LIQUID OXYGEN TANKS WERE PROVIDED TO INDIA. BINANCE CHARITY WORKED CLOSELY WITH THE GOVERNMENT OF INDIA TO PROVIDE THE SHIPMENT OF LIFE-SAVING OXYGEN, WHICH HELPED THOUSANDS IN NEED.


RIPPLE FOR FINANCIAL INCLUSION: BINANCE CHARITY TEAMS UP WITH CARE AND UC BERKELEY TO DRIVE FORWARD FINANCIAL INCLUSION EFFORTS. WE KNOW CONNECTIVITY, EDUCATION AND ACCESS TO CRYPTO INFRASTRUCTURE IS STILL A BARRIER FOR MANY PEOPLE WHO COULD BENEFIT GREATLY FROM THE ADOPTION OF CRYPTOCURRENCY. THROUGH OUR LATEST PROJECT WITH CARE WE'RE SUPPORTING POVERTY STRICKEN COMMUNITIES IN KENYA, WHO FACE EVEN MORE ADVERSITY AS A RESULT OF COVID-19. MILLIONS OF WOMEN AND MEN ACROSS AFRICA PARTICIPATE IN SAVINGS GROUPS CONSISTING OF THEIR LIFELONG SAVINGS AND HELPING WITH LENDING, BORROWING, AND COLLECTIVE INVESTMENT. YET, THESE GROUPS RARELY HAVE FORMAL FINANCIAL SERVICES AVAILABLE TO THEM, MEANING THEIR HARD EARNED SAVINGS ARE SUBJECTED TO LOW-RETURN AND CRITICALLY, LOW SECURITY OPTIONS. THESE GROUPS ARE CALLED VILLAGE SAVINGS AND LOAN ASSOCIATIONS (VSLAS). THROUGH THESE SAVINGS GROUPS, WE'RE EMPOWERING VULNERABLE PEOPLE TO GROW OPPORTUNITIES BY OPENING CRYPTOCURRENCY WALLETS TO ESTABLISHED VSLAS AND OFFERING AN INJECTION OF CRYPTO VOUCHERS TO INVEST IN GROWING THEIR ENTERPRISES. WITH SEED FUNDING OF ALMOST $245K FOR THIS PILOT PROJECT, WE'VE HELPED MORE THAN 6,000 BROADEN THEIR HORIZONS WITH THE ADOPTION OF CRYPTO.


AUSTRALIAN BRUSHFIRES: BINANCE CHARITY COMMITS TO PLANTING 100,000 TREES TO RESTORE WILDLIFE IN AUSTRALIA. IN 2019, BUSHFIRES RAVAGED 27 MILLION ACRES IN AUSTRALIA, IMPACTING THE LIVES OF NEARLY 3 BILLION ANIMALS. THE COLLABORATIVE BLOCKCHAIN PROJECT AIMS TO BRING NEW LEVELS OF TRANSPARENCY AND ACCOUNTABILITY TO CHARITABLE GIVING, USING TREE TOKENS, A NEW CRYPTOCURRENCY PEGGED ON A 1:1 RATIO WITH THE AUSTRALIAN DOLLAR (AUD). A PORTION OF THE INITIAL DONATIONS WILL GO TOWARDS THE KOALA CLANCY FOUNDATION TO PLANT 40,000 TREES IN THE YOU YANGS AND GIPPSLAND REGIONS IN VICTORIA, AUSTRALIA. THE REMAINING $600,000 AUD WILL BE DONATED IN LATER PHASES OF THE PROJECT. FOREST RESTORATION EFFORTS WILL HELP BRING WILDLIFE BACK TO AREAS THAT WERE BADLY DAMAGED BY THE BUSHFIRES. "WITH THE TREE TOKENS, WE WISH TO GIVE DATA ON THE RESTORATION OF KOALA HABITAT IN REGIONAL VICTORIA TO OUR DONORS TRANSPARENTLY," SAID JANINE DUFFY, PRESIDENT OF KOALA CLANCY FOUNDATION.


OTHER PROGRAM SERVICES ACCOMPLISHMENTS INCLUDE: FIGHT HUNGER WORLDWIDE, HAITI EARTHQUAKE RELIEF, PROTECT OUR PLANET AND SUPPORT WOMEN IN EDUCATION.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Taylor Smith Benyahia
Secretary
$0
Elizabeth Li
Treasurer
$0
Helen Hai
President
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$12,143,460
Noncash contributions included in lines 1a–1f $5,880,993
Total Revenue from Contributions, Gifts, Grants & Similar$12,143,460
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $770,357
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $12,913,817

Grants Awarded

Over the last fiscal year, Blockchain Charity Foundation Usa has awarded $1,496,867 in support to 5 organizations.

Grant RecipientAmount

UNIVERSITY OF CALIFORNIA BERKELEY

Org PageRecipient Profile

Berkeley, CA

PURPOSE: FINTECH FINANCIAL INCLUSION INITIATIVE

$1,111,059

COOPERATIVE FOR RELIEF AND ASSISTANCE EVERYWHERE

Org PageRecipient Profile

Atlanta, GA

PURPOSE: CRYPTO CURRENCY TO AID RELIEF IN WESTERN KENYA

$244,574

New York, NY

PURPOSE: PROVIDE FINANCIAL ASSISTANCE

$60,000

Washington, DC

PURPOSE: CRYPTO CURRENCY TO SUPPORT EARTHQUAKE RELIEF

$50,105

Shelburne, VT

PURPOSE: TREES PLANTED

$31,129
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Blockchain Charity Foundation Usa has recieved totaling $5,591,772.

Awarding OrganizationAmount
Silicon Valley Community Foundation

Mountain View, CA

PURPOSE: Community Development

$5,541,667
Blockchain Charity Foundation Usa

Washington, DC

PURPOSE: CRYPTO CURRENCY TO SUPPORT EARTHQUAKE RELIEF

$50,105
View Grant Recipient Profile

Create an account to unlock the data you need.

or