Bitcoin Gives Foundation
Philanthropic organization focused on accepting bitcoin from donors and facilitating grants to charities through donor advised funds among other authorized charitable activities.
Key facts about Bitcoin Gives Foundation
In short: Bitcoin Gives Foundation gave $484K across 6 grants in 2022 (avg $81K), mostly in New York. Source: 2022 IRS Form 990.
- EIN
- 82-5362918
- Latest 990 filing
- Form 990, 2022
- Annual giving (2022)
- $484,274
- Grants made (2022)
- 6
- Average grant
- $80,712
- Median grant
- $41,504
- Primary geography
- New York (74% of itemized 2022 grant dollars)
Data from IRS Form 990, 2022; updated September 2026.
Financial Overview
From 2022 IRS Form 990 · View filing
Total Assets
—
Annual Giving
$484K
+423.9% YoY
Grant Count
6
+200.0% YoY
Avg Grant Size
$81K
+74.6% YoY
About Bitcoin Gives Foundation
Based on IRS filings
Bitcoin Gives Foundation is a public charity, based in New York, NY. IRS filing data is available from 2020 through 2022. In 2022, it awarded 6 grants totaling $484K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2022 grant dollars across all 6 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2022, annual grant giving ranged from $92K (2021) to $504K (2020). In 2022 it made 6 grants totaling $484K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2022
The largest 2022 recipient was Blue School ($251K). Together the top 6 received $484K.
Grant Size Distribution
19 grants across all recorded years
The most common grant size was under $50K: 13 grants of 19 (68%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Blue School New York, NY | Fund Education | $251,267 |
| The Children's Hospital of Philadelphia Foundation Philadelphia, PA | Fund for Healthcare | $100,000 |
| A Leg to Stand on New York, NY | Fund to provide aide to children with limb disabilities | $44,348 |
| The Winged Foot Foundation Mamaroneck, NY | Fund for financial support for emergency and harship assistance | $38,659 |
| Un Refugee Agency Washington, DC | Fund Shelter, Protection and Safety for Refugees | $25,000 |
| UNICEF New York, NY | Fund Aide for Disadvantaged Children and Adolescents | $25,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Assets | — | $688,018 | — |
| Revenue | $-198,498 | $781,340 | $503,960 |
| Expenses | $489,520 | $93,322 | $503,960 |
| Net Investment Income | $-340,742 | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 15, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 2, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 8, 2023)
- IRS filings on file for fiscal years 2020–2022
Leadership & Key People
Officers and directors from IRS filings
Bitcoin Gives Foundation is led by Richard Hoffman, Director & President since 2022 (on filings since 2020); none of the 3 officers listed in 2022 report compensation.
Officers on the 2022 filing
Richard Hoffman
Director & President
Director & President → President, 2021
President → Director & President, 2022
On filings since 2020
0.5 hrs/week
No compensation reported
Brian Raftery
Director & Secretary
Director & Secretary → Secretary, 2021
Secretary → Director & Secretary, 2022
On filings since 2020
0.5 hrs/week
No compensation reported
Reuben Grinberg
Director & Treasurer
Director → Director & Treasurer, 2022
On filings since 2021
0.5 hrs/week
No compensation reported
Former officers (2)
- Former: Charles Nail (2020–2021) — Director
- Former: John Franceski (2021) — Treasurer
Data from IRS Form 990 filings, 2020–2022. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Bitcoin Gives Foundation
How much does Bitcoin Gives Foundation give each year?
Bitcoin Gives Foundation gave $484K across 6 grants in 2022, according to its 2022 IRS Form 990. In 2021 it gave $92K across 2 grants.
What is Bitcoin Gives Foundation's typical grant size?
Bitcoin Gives Foundation's median grant in 2022 was $41,504, and its average grant was $80,712, across 6 grants on its 2022 IRS Form 990.
Where does Bitcoin Gives Foundation give grants?
Bitcoin Gives Foundation gives mostly in New York: 74% of the grant dollars itemized on its 2022 IRS Form 990 went to recipients there. The next largest states were Pennsylvania (21%) and District of Columbia (5%). The most frequent recipient cities were New York, NY (3 grants).
Does Bitcoin Gives Foundation give general operating support?
Not in 2022: none of the 6 grants with a stated purpose on Bitcoin Gives Foundation's 2022 IRS Form 990 were described as general or operating support.
Who are Bitcoin Gives Foundation's largest grantees?
Bitcoin Gives Foundation's largest 2022 grantees include Blue School ($251,267), The Children's Hospital of Philadelphia Foundation ($100,000) and A Leg to Stand on ($44,348), according to its 2022 IRS Form 990. Together they received 82% of its itemized 2022 grant dollars.
What is Bitcoin Gives Foundation's EIN?
Bitcoin Gives Foundation's EIN (Employer Identification Number) is 82-5362918. IRS Form 990 filing data is available on this page for 2020–2022.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching Bitcoin Gives Foundation by hand.
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