The BitGive Foundation is an American

nonprofit organization A nonprofit organization (NPO) or non-profit organisation, also known as a non-business entity, not-for-profit organization, or nonprofit institution, is a legal entity organized and operated for a collective, public or social benefit, in co ...

that solicits

bitcoin Bitcoin (abbreviation: BTC; sign: ₿) is a decentralized digital currency that can be transferred on the peer-to-peer bitcoin network. Bitcoin transactions are verified by network nodes through cryptography and recorded in a public distr ...

donations for use in

charitable The practice of charity is the voluntary giving of help to those in need, as a humanitarian act, unmotivated by self-interest. There are a number of philosophies about charity, often associated with religion. Etymology The word ''charity'' or ...

causes.

Background

BitGive was established by Connie Gallippi in 2013. The organization was the first

Bitcoin Bitcoin (abbreviation: BTC; sign: ₿) is a decentralized digital currency that can be transferred on the peer-to-peer bitcoin network. Bitcoin transactions are verified by network nodes through cryptography and recorded in a public distr ...

and

Blockchain A blockchain is a type of distributed ledger technology (DLT) that consists of growing lists of records, called ''blocks'', that are securely linked together using cryptography. Each block contains a cryptographic hash of the previous block, ...

technology nonprofit. The organization has received

501(c)(3) A 501(c)(3) organization is a United States corporation, trust, unincorporated association or other type of organization exempt from federal income tax under section 501(c)(3) of Title 26 of the United States Code. It is one of the 29 types of ...

tax exempt status from the United States

Internal Revenue Service The Internal Revenue Service (IRS) is the revenue service for the United States federal government, which is responsible for collecting U.S. federal taxes and administering the Internal Revenue Code, the main body of the federal statutory t ...

. BitGive was founded with the goal of strengthening philanthropic impact globally by using cryptocurrency to make the process faster and more secure. On GiveTrack, nonprofits can post projects and donors can contribute funds. Contributions can be made in bitcoin or in dollars. The platform also gives donors financial reporting and project results in real time. 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

heir Inheritance is the practice of receiving private property, titles, debts, entitlements, privileges, rights, and obligations upon the death of an individual. The rules of inheritance differ among societies and have changed over time. Offic ...

bitcoins to charitable causes.”

Partnerships

BitGive has worked with numerous nonprofits globally, including

Save the Children The Save the Children Fund, commonly known as Save the Children, is an international non-governmental organization established in the United Kingdom in 1919 to improve the lives of children through better education, health care, and economic ...

, and The Water Project.

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,

HuffPost ''HuffPost'' (formerly ''The Huffington Post'' until 2017 and sometimes abbreviated ''HuffPo'') is an American progressive news website, with localized and international editions. The site offers news, satire, blogs, and original content, and ...

, and the FinTech Times, among others. She currently serves on the board of directors for the Sierra Business Council. Gallippi holds a BS in Natural Resource Management from

Virginia Tech Virginia Tech (formally the Virginia Polytechnic Institute and State University and informally VT, or VPI) is a public land-grant research university with its main campus in Blacksburg, Virginia. It also has educational facilities in six re ...

. 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.

References

External links

* {{Bitcoin Bitcoin organizations Charities based in California Foundations based in the United States Organizations established in 2013 2013 establishments in the United States