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Type | Nonprofit |
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Headquarters | , U.S. |
Area served | Worldwide |
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Website | www |
The BitGive Foundation is an American nonprofit organization that solicits bitcoin donations for use in charitable causes. [1] [2]
BitGive was established by Connie Gallippi in 2013. [3] The organization was the first Bitcoin and Blockchain technology nonprofit. [4] The organization has received 501(c)(3) tax exempt status from the United States Internal Revenue Service. [5] [6]
BitGive was founded with the goal of strengthening philanthropic impact globally by using cryptocurrency to make the process faster and more secure. [7] On GiveTrack, nonprofits can post projects and donors can contribute funds. Contributions can be made in bitcoin or in dollars. [8] The platform also gives donors financial reporting and project results in real time. [9]
In 2017–2018, BitGive received $1 million from the Pineapple Fund, a philanthropic endeavor by an anonymous donor known only as “Pine,” who sought to donate “the majority of [their] bitcoins to charitable causes.” [10]
BitGive has worked with nonprofits globally, including Save the Children [11] and The Water Project. [4]
Connie Gallippi is one of the first female founders in the cryptocurrency space. In recognition of her work, Gallippi has been recognized on several lists of notable women in cryptocurrency from various publications, including Glamour, [12] HuffPost, [13] and the FinTech Times, [14] among others. [15] [16] She currently serves on the board of directors for the Sierra Business Council. [17] Gallippi holds a BS in Natural Resource Management from Virginia Tech. [18]
BitGive's board of directors is composed of notable figures from the blockchain and cryptocurrency space: Rumi Morales (Board President), Sandra Ro (Board Treasurer), Matthew Roszak, Dawn Newton, Paul Lamb, and Justin Steffen. Emeritus board members include: Patrick Murck, Stephen Pair, and Alyse Killeen. [19]
United Way is an international network of over 1,800 local nonprofit fundraising affiliates. United Way was the largest nonprofit organization in the United States by donations from the public, prior to 2016.
Fundraising or fund-raising is the process of seeking and gathering voluntary financial contributions by engaging individuals, businesses, charitable foundations, or governmental agencies. Although fundraising typically refers to efforts to gather money for non-profit organizations, it is sometimes used to refer to the identification and solicitation of investors or other sources of capital for for-profit enterprises.
A charitable organization or charity is an organization whose primary objectives are philanthropy and social well-being.
A giving circle is a form of participatory philanthropy by a group of individuals who form a voluntary association to donate their money or time. The group then decides how to allocate these resources to charitable organizations or community projects. Groups may also seek to increase their awareness of and engagement with the issues covered by the charity or community project.
The Chronicle of Philanthropy is a magazine that covers the nonprofit world of philanthropy. Based in Washington, DC, it is aimed at charity leaders, foundation executives, fund raisers, and other people involved in philanthropy. The Chronicle of Philanthropy publishes 12 issues a year while updating its Web site daily. It was founded in 1988 by editor Phil Semas and then managing editor Stacy Palmer.
National Philanthropic Trust (NPT) is an American independent public charity that provides philanthropic expertise to donors, foundations and financial institutions. NPT ranks among the largest grantmaking institutions in the United States.
Global Philanthropy Group is a consulting firm that provides philanthropic services for high-net-worth individuals, charitable foundations and corporations. Their clients include John Legend, Avril Lavigne, Madonna, Tegan and Sara, Miley Cyrus, Eva Longoria, Gucci, Task Rabbit and Tory Burch. They have offices in Los Angeles and New York.
Philanthropy in the United States is the practice of voluntary, charitable giving by individuals, corporations and foundations to benefit important social needs. Its long history dates back to the early colonial period, when Puritans founded Harvard College and other institutions. Philanthropy has been a major source of funding for various sectors, such as religion, higher education, health care, and the arts. Philanthropy has also been influenced by different social movements, such as abolitionism, women’s rights, civil rights, and environmentalism. Some of the most prominent philanthropists in American history include George Peabody, Andrew Carnegie, John D. Rockefeller, Henry Ford, Herbert Hoover, and Bill Gates.
A cryptocurrency, crypto-currency, or crypto is a digital currency designed to work as a medium of exchange through a computer network that is not reliant on any central authority, such as a government or bank, to uphold or maintain it. It is a decentralized system for verifying that the parties to a transaction have the money they claim to have, eliminating the need for traditional intermediaries, such as banks, when funds are being transferred between two entities.
Litecoin is a decentralized peer-to-peer cryptocurrency and open-source software project released under the MIT/X11 license. Inspired by Bitcoin, Litecoin was among the earliest altcoins, starting in October 2011. In technical details, the Litecoin main chain shares a slightly modified Bitcoin codebase. The practical effects of those codebase differences are lower transaction fees, faster transaction confirmations, and faster mining difficulty retargeting. Due to its underlying similarities to Bitcoin, Litecoin has historically been referred to as the "silver to Bitcoin's gold." In 2022, Litecoin added optional privacy features via soft fork through the MWEB upgrade.
The Silicon Valley Community Foundation (SVCF) is a donor-advised community foundation serving the Silicon Valley region. It is the largest charitable foundation in Silicon Valley.
Lisa M. Dietlin is speaker and writer on the subject of philanthropy. She is the author of four books about the subject, and she is the President and CEO of the philanthropic consulting company The Institute of Transformational Philanthropy.
Vitaly Dmitrievich Buterin, better known as Vitalik Buterin, is a Russian-Canadian computer programmer, and founder of Ethereum. Buterin became involved with cryptocurrency early in its inception, co-founding Bitcoin Magazine in 2011. In 2014, Buterin deployed the Ethereum blockchain with Dimitry Buterin, Gavin Wood, Charles Hoskinson, Anthony Di Iorio, and Joseph Lubin.
GivingTuesday, often stylized as #GivingTuesday for the purposes of hashtag activism, is the Tuesday after Thanksgiving in the United States. It is touted as a "global generosity movement unleashing the power of people and organizations to transform their communities and the world". The organization of the same name is an independent 501(c)(3) nonprofit that supports the global movement.
Digital Currency Group (DCG) is a venture capital company focusing on the digital currency market. It is located in Stamford, Connecticut. The company has five subsidiaries: CoinDesk, Foundry, Genesis, Grayscale Investments, and Luno.
The Pineapple Fund was a philanthropic project by an anonymous individual which gave away 5,057 bitcoins to 60 charities. The amount was valued at $86 million in December 2017. Some of the themes supported were medical research, environmental conservation, human rights and psychedelic therapy.
Blockchain analysis is the process of inspecting, identifying, clustering, modeling and visually representing data on a cryptographic distributed-ledger known as a blockchain. The goal of blockchain analysis is to discover useful information about different actors transacting in cryptocurrency. Analysis of public blockchains such as Bitcoin and Ethereum is typically conducted by private companies like Chainalysis, TRM Labs, Elliptic, Nansen, CipherTrace, Elementus, Dune Analytics, CryptoQuant.
Justin Sun is a Chinese-born Grenadian cryptocurrency entrepreneur and business executive. He is the founder of Tron, a blockchain DAO ecosystem. Sun once served as Permanent Representative of Grenada to the World Trade Organization (WTO) in Geneva.
Paxos Trust Company is a New York-based financial institution and technology company specializing in blockchain. The company's product offerings include a cryptocurrency brokerage service, asset tokenization services, and settlement services. ItBit, a bitcoin exchange run by Paxos, was the first bitcoin exchange to be licensed by the New York State Department of Financial Services, granting the company the ability to be the custodian and exchange for customers in the United States.