- Revenue 2024
- $3,769,087
- Expenses 2024
- $7,952,534
Program services were 91.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
As filed
- Subsection
- 03
- NTEE code
- U99
- Classification
- 1200
- Street
- 1390 CHAIN BRIDGE ROAD A132
These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).
Mission and programs · 2024
Mission
The Zcash Foundation is a public charity that builds financial privacy infrastructure for the public good, primarily serving the users of the Zcash protocol and blockchain. The Foundation also supports other applications of zero-knowledge cryptography, as well as other approaches to private cryptocurrency.
Activities or mission (Part I)
The Zcash Foundation builds financial privacy infrastructure for the public good, primarily serving users of the Zcash protocol and blockchain.
-
Zcash Community Grants (ZCG, formerly Zcash Open Major Grants ZOMG) is a technical advisory board that constitutes a committee of the Zcash Foundation, under its bylaws. Grants are chosen by a committee of five members who are chosen by the Zcash Community Advisory Panel (ZCAP) in an open election. Funding for ZCG's activities is provided via the Dev Fund specified in ZIP 1014.
Expenses $5,070,084 · Grants $4,705,770
-
Protocol & Governance: The Zcash protocol and the open network it powers is valuable, privacy-protecting Internet infrastructure; it should be developed and maintained by an open and diverse community of experts and enthusiasts. It is a tool for financial privacy available to the general public. The Zcash Foundation acts as a steward of the Zcash protocol, providing leadership and supporting its continued maintenance and improvement.
Expenses $981,559 · Grants $16,952
-
FROST: FROST (Flexible Round-Optimized Schnorr Threshold) is a cryptographic protocol that enables efficient and secure threshold signing--where only a minimum number of participants are required to generate a valid signature. FROST advances the state of the art in threshold Schnorr signature schemes by significantly reducing network overhead and supporting concurrent signing operations without compromising security. Its novel design includes safeguards against known forgery attacks, making it a robust and flexible tool for modern cryptographic applications. The Zcash Foundation supports the continued development and adoption of FROST as part of its mission to advance privacy-preserving infrastructure.
Expenses $590,019
-
Research: Technical decisions are best supported by scientific activities, such as rigorous validation, empirical measurement, and continued innovation and refinement. The Zcash Foundation therefore support these activities within our community. All cryptocurrencies, but especially Zcash, rely on cutting-edge contributions from the scientific research community, thus interaction with this community can also help the community stay healthy. We will encourage this scientific research and educate the public regarding the substance and benefits of these scientific developments.
Expenses $97,111
-
Community: The Zcash Foundation supports the expansion of Zcash into a large and healthy community with diverse stakeholders, held accountable to our user-base in the broadest sense. Our goal is creating tools that help sustain open networks, which enable individuals to protect their privacy on their own terms. Privacy comprises both autonomy and consent, which are essential to human dignity and the healthy continuation of civil society.
Expenses $526,476 · Grants $49,090
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Officers and directors · 2024
As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.
-
Andrew Miller
Chairman/Treasurer
- Total calculated
- $0
- Hours/week
- 0.5
-
Peter Van Valkenburgh
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Amber Baldet
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Jay Verret
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Marta Belcher
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Jack Gavigan
Executive Director
- Total calculated
- $201,647
- From this org
- $201,647
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $201,647
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $201,647
-
Alex Bornstein
Chief Operating Officer
- Total calculated
- $245,592
- From this org
- $233,500
- From related orgs
- $0
- Other
- $12,092
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $211,500
- Bonus
- $22,000
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $12,092
- Filer's total
- $245,592
-
Danika Delano
Operations Director
- Total calculated
- $139,642
- From this org
- $126,042
- From related orgs
- $0
- Other
- $13,600
- Hours/week
- 40
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.
Filings
-
2024
- Revenue
- $3,769,087
- Expenses
- $7,952,534
- Contributions
- $4,430,505
- Grants paid
- $4,771,812
-
2023
- Revenue
- $4,745,458
- Expenses
- $9,916,662
- Contributions
- $5,608,672
- Grants paid
- $4,977,436
-
2023
- Revenue
- $4,745,458
- Expenses
- $9,916,662
- Contributions
- $5,608,672
- Grants paid
- $4,977,436
-
2022
- Revenue
- $12,972,220
- Expenses
- $7,098,547
- Contributions
- $14,939,418
- Grants paid
- $3,089,320
The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.
Other returns filed
-
2021 · 990
- Revenue
- $26,447,593
- Expenses
- $5,647,560
- Assets (EOY)
- $32,799,974
-
2020 · 990
- Revenue
- $4,321,617
- Expenses
- $2,818,733
- Assets (EOY)
- $15,535,732
-
2019 · 990
- Revenue
- $6,505,470
- Expenses
- $2,664,792
- Assets (EOY)
- $8,831,719
-
2018 · 990
- Revenue
- $14,294,238
- Expenses
- $1,171,302
- Assets (EOY)
- $8,549,182
-
2017 · 990
- Revenue
- $409,899
- Expenses
- $166,794
- Assets (EOY)
- $336,905
Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.
Grants made
-
$316,404
2022 Research and Development
-
2024 Research & Development
-
FathomX Inc
$0
2024 Research & Development
-
37 Laines
$0
2024 Education
-
Red-Dev Inc
$0
2024 Research & Development
-
$0
2024 Research & Development
-
Vergara Technologies LLC
$0
2024 Research & Development
-
Alphega Solutions LLC
$0
2022 Research and Development
-
37 Laines
$0
2022 Education
-
Blockchain Training Alliance Inc
$0
2023 Education
The 10 largest by cash amount. The API serves every itemized grant.
Grants received
No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.
Other IRS files
Auto-Revocation List
Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.
Publication 78
Listed as of 11 November 2026, under deductibility PC.
These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.
What this page reflects
The registration facts above come from the IRS Business Master File published 9 November 2026 and read 9 November 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.