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Nonprofiteer
← BITCOIN GIVES FOUNDATION

Form 990 for tax year 2022

Filed by BITCOIN GIVES FOUNDATION.

Totals

Total revenue
-$198,498
Total expenses
$489,520
Contributions and grants received
$142,244
Grants paid
$484,274
Program service revenue
$0
Investment income
-$340,742
Other revenue
$0
Total assets, end of year
$0
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$0
Program services expenses (Part IX)
$489,520
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$489,520

Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $142,244

  • 1g · Noncash contributions included above

    $142,244

  • 7a · Gross sales of assets other than inventory

    other assets $489,520

  • 7b · Less cost or other basis and sales expenses

    other assets $830,262

  • 7c · Gain or loss

    other assets -$340,742

  • 7d · Net gain or loss

    total -$340,742 · excluded -$340,742

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $484,274 · program services $484,274

  • 24a · Other expenses: COMMISSION

    total $5,246 · program services $5,246

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    end of year $0

  • 2 · Savings and temporary cash investments

    end of year $0

  • 3 · Pledges and grants receivable

    end of year $0

  • 4 · Accounts receivable

    end of year $0

  • 5 · Loans and receivables from officers and key people

    end of year $0

  • 6 · Loans and receivables from disqualified persons

    end of year $0

  • 7 · Other notes and loans receivable

    end of year $0

  • 8 · Inventories for sale or use

    end of year $0

  • 9 · Prepaid expenses and deferred charges

    end of year $0

  • 10c · Land, buildings and equipment, net

    end of year $0

  • 11 · Investments: publicly traded securities

    end of year $0

  • 12 · Investments: other securities

    end of year $0

  • 13 · Investments: program-related

    end of year $0

  • 14 · Intangible assets

    beginning of year $688,018 · end of year $0

  • 15 · Other assets

    end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $688,018 · end of year $0

Mission and programs · 2022

Mission

PHILANTHROPIC ORGANIZATION FOCUSED ON ACCEPTING BITCOIN FROM DONORS AND FACILITATING GRANTS TO CHARITIES THROUGH DONOR ADVISED FUNDS AMONG OTHER AUTHORIZED CHARITABLE ACTIVITIES.

Activities or mission (Part I)

SEE PART III LINE 1.

  • DURING 2022, BITCOIN GIVES FOUNDATION MADE GRANTS THROUGH VARIOUS DONOR ADIVSED FUNDS FOR VARIOUS CHARITABLE ACTIVITIES.

    Expenses $489,520 · Grants $484,274

As filed on the 2022 return.

Listed in Part VII

  • Richard Hoffman

    DIRECTOR AND PRESIDENT

    Total calculated
    $0
    Hours/week
    0.5

  • Brian Raftery

    DIRECTOR AND SECRETARY

    Total calculated
    $0
    Hours/week
    0.5

  • Reuben Grinberg

    DIRECTOR AND TREASURER

    Total calculated
    $0
    Hours/week
    0.5

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • NYDIG IHC LLC

    N/A · FINANCIAL SERVICES · NY

Assets distributed on this return

Schedule N, as filed: what the organization did with its assets when it liquidated or dissolved, or disposed of more than a quarter of them, and who received them. A recipient with an EIN is usually a successor organization; filers also list expenses such as legal fees here.

This return attached Schedule N but itemized no distributions.

Provenance

Return type
form_990
Tax year
2022
Filed
8 November 2023
IRS schema version
2022v5.0
Source object
202303129349303425

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