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BitGive Foundation

American nonprofit organization From Wikipedia, the free encyclopedia

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

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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 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 as “Pine,” who sought to donate “the majority of [their] bitcoins to charitable causes.”[10]

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Partnerships

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

Leadership

Connie Gallippi is a founder in the cryptocurrency space. In recognition of her work, Gallippi has been recognized on lists of notable women in cryptocurrency from publications, including Glamour,[12] HuffPost,[13] and the FinTech Times,[14] among others.[15][16] She 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 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]

References

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