BitGive Foundation

Last updated
BitGive Foundation
Type Nonprofit
Headquarters,
U.S.
Area served
Worldwide
Key people
  • Connie Gallippi (founder & executive director)
  • Rumi Morales (board president)
  • Sandra Ro (board treasurer)
  • Matthew Roszak (board member)
  • Dawn Newton (board member)
  • Paul Lamb (board member)
  • Justin Steffen (board member)
Website www.bitgivefoundation.org

The BitGive Foundation is an American nonprofit organization that solicits bitcoin donations for use in charitable causes. [1] [2]

Contents

Background

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]

Partnerships

BitGive has worked with nonprofits globally, including Save the Children [11] and The Water Project. [4]

Leadership

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]

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References

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  2. Rachel Emma Silverman (13 April 2015). "Charities Seek Donations in Bitcoin". The Wall Street Journal .
  3. Danielle Kurtzleben (July 30, 2013). "Group Seeks to Solicit Charitable Donations in Bitcoins". U.S. News & World Report .
  4. 1 2 Travers, Julia (January 31, 2019). "Giving "Without Friction or Fraud." The First Bitcoin Donation Platform Turns Five". Inside Philanthropy. Retrieved June 8, 2022.
  5. "Sacramento charity may be nation's first bitcoin-based nonprofit". Sacramento Business Journal . 26 August 2014.
  6. "Foundation Based On Bitcoin Wins Nonprofit Status". The NonProfit Times .
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  11. "How Non-Profits Are Cashing In on the Cryptocurrency Boom". www.vice.com. 9 May 2014. Retrieved 2022-06-08.
  12. Peck, Morgen (2018-04-24). "Cryptocurrency Is Not Just a Boys' Club". Glamour. Retrieved 2022-06-08.
  13. "These 5 Women Are Using Blockchain To Empower Communities". HuffPost. 2018-09-10. Retrieved 2022-06-08.
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  16. "30 STEM Women to Watch". Global Shakers. Retrieved 2022-06-08.
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  19. "Board of Directors | BitGive Foundation". www.bitgivefoundation.org. Retrieved 2022-06-08.