Ethereum Classic Cooperative Inc
Ethereum Classic Cooperative Inc is a private foundation based in Wilmington, Delaware. Established in 2017, it supports development of the Ethereum Classic blockchain and growth of its ecosystem through funding, resources, and support for developers, researchers, and other stakeholders.
Ethereum Classic Cooperative Inc at a glance
- Total assets
- $1,701,867
- -51.0% vs 2023
- Revenue (2024)
- $81,189
- -34.0% vs 2023
- Qualifying distributions (2024)
- $1,851,494
- +1.4% vs 2023
- Expenses (2024)
- $1,807,799
- -5.3% vs 2023
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
How to apply to Ethereum Classic Cooperative Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 1207 Delaware Ave 541, Wilmington, DE 19806
Website: https://etccooperative.org/
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Ethereum Classic Cooperative Inc funds
How this funder distributes its grants
Grant Size Distribution
18 grants across all recorded years
The most common grant size was under $50K: 18 grants of 18 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
How Ethereum Classic Cooperative Inc gives
- In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
In 2023 it made 18 grants totaling $206K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Hong Kong Wanyang Technology Co Ltd | to build the property NFTs, property asset tokens, and revenue tokens on Ethereum Classic | $17,150 |
| BlockScout Technologies Ltd | Decentralized, open-source block explore | $17,147 |
| 11 grants to individuals Recipients not named | — | $124,144 |
| Giveth Association | to add the donation application, Giveth, to help Ethereum Classic raise funds | $17,147 |
| Open Relay LLC Lenexa, KS | TO Create a Plugin to allow standard PluGeth to sync and run Ethereum Classic | $17,147 |
| North Star Ledger LLC Scituate, MA | to Create a new DAO which has special functionality and incentives for building projects that grow Ethereum Classic from its core up | $8,574 |
| Hangzhou Xiangma Internet Tech LLC | to influence more users to pay attention to and participate in the ETC ecology | $3,429 |
| Alphabox Solutions Pte Ltd | To support ETC Education and engagement through customizable UI building | $1,303 |
Ready to take the next step with Ethereum Classic Cooperative Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $1,701,867 | $81,189 | $1,807,799 | — | — | $1,851,494 | — | $176,473 |
| 2023 | $3,472,172 | $122,980 | $1,908,148 | $206,041 | 18 | $1,826,267 | — | $211,864 |
| 2022 | $5,144,585 | $945,699 | $1,000,944 | — | — | — | — | — |
| 2021 | $5,145,057 | $5,191,092 | $483,384 | — | — | — | — | — |
| 2020 | $433,341 | $693,582 | $568,852 | — | — | — | $-19,849 | — |
Under IRS private-foundation payout rules, Ethereum Classic Cooperative Inc reported a distributable amount of $176K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The Cooperative’s stated mission is to steward development of the Ethereum Classic protocol and support the growth of a mature ecosystem. Its stated mission pillars are accelerating adoption through branding, marketing, and education; fostering collaboration among ecosystem participants; and advancing governance and transparency, including transparent use of funds.
Its website describes support for developers, researchers, and other stakeholders, including grants programs, research projects, and tools and infrastructure for the platform. In its 2024 filing, the foundation also described direct charitable activities as promoting the Ethereum Classic ecosystem through a proof-of-work conference, educational materials, and participation in conferences, panels, or seminars, as well as helping maintain the network and support further technology development.
Grantmaking
IRS filing data reports 18 grants totaling $206,041 in 2023. The filings list no grants in 2022 or 2024. The available information does not identify the 2023 grantees or amounts by grantee, and does not establish a typical grant size.
Separately, the Cooperative’s website says its ETC Grants DAO program launched in 2023 with Bitmain. Its first round offered up to $1 million worth of ETC; a Q1 2024 report says $594,800 was allocated to successful applicants. These program figures are not identified as the same grants reported in the 2023 IRS filing.
Leadership & Key People
Leadership team and compensation from IRS filings
Officers and directors listed on the 2024 filing are Robert John Summerwill, Executive Director and Secretary; Alison Alexis, Financial Controller and Treasurer; Craig Salm, Chairperson; and directors Cody Burns, Elaine Ou, and Roy Zou.
Ethereum Classic Cooperative Inc is led by Robert John Summerwill, Executive Director & Secretary on every filing since 2022; 2 of 6 officers listed in 2024 are compensated.
Officers on the 2024 filing
Robert John Summerwill
Executive Director & Secretary
On filings since 2022
40 hrs/week
$200K (2022) → $231K (2024)
Craig Salm
Chairperson
On filings since 2021
2.5 hrs/week
No compensation reported
Cody Burns
Director
On filings since 2020
2.5 hrs/week
No compensation reported
Elaine Ou
Director
On filings since 2020
2.5 hrs/week
No compensation reported
Roy Zou
Director
On filings since 2020
2.5 hrs/week
No compensation reported
Alison Alexis
Financial Ctrl & Treasurer
On filings since 2020
10 hrs/week
$23K (2020) → $77K (2024)
Former officers (9)
- Former: Charles Hoskinson (2021–2022) — Director
- Former: Chris Ziogas (2022) — Core Developer
- Former: Diego Lopez Leon (2022) — Core Developer
- Former: Isaac Ardis (2022) — Core Developer
- Former: Barry Silbert (2020–2021) — Director
- Former: Bob Summerwill (2020–2021) — Executive Director & Secretary
- Former: Carig Salm (2020) — Chairperson
- Former: James Wo (2020) — Director
- Former: Simcha Wurtzel (2020) — Treasurer
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $231K, to Robert John Summerwill (Executive Director & Secretary). 2 officers or directors reported compensation on that filing.
Frequently asked questions about Ethereum Classic Cooperative Inc
How large is Ethereum Classic Cooperative Inc?
Ethereum Classic Cooperative Inc reported $1.7M in total assets on its 2024 IRS Form 990-PF. It paid out $1.9M in qualifying distributions that year, against a required minimum of $176K (roughly 5% of its investment assets).
What does Ethereum Classic Cooperative Inc fund?
The Cooperative’s stated mission is to steward development of the Ethereum Classic protocol and support the growth of a mature ecosystem. See mission & focus areas ↑
How do I apply for a grant from Ethereum Classic Cooperative Inc?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Ethereum Classic Cooperative Inc's EIN?
Ethereum Classic Cooperative Inc's EIN (Employer Identification Number) is 32-0551158. IRS Form 990 filing data is available on this page for 2020–2024.
Does Ethereum Classic Cooperative Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Ethereum Classic Cooperative Inc funds
Science & Technology Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Ethereum Classic Cooperative Inc's focus areas in our free grants database
Similar Funders
Similar funders in Delaware
American Electric Power Foundation
Wilmington, DE
The American Electric Power Foundation funds education, especially STEM, basic human services, social justice, and environmental protection, primarily for organizations in AEP’s service territory or with broader beneficial impact. Its 2025 grants ranged from $500 to $1,428,570, with a median of $10,000. It does not accept unsolicited requests; eligible organizations need an invitation from their local AEP Operating Company.
Assets
$43.6M
Grants
753
Total Given
$23.0M
Puget Sound Energy Foundation
Wilmington, DE
The Puget Sound Energy Foundation funds nonprofits serving communities where PSE has a service or generation presence, primarily in Washington, across household needs, education and workforce pathways, climate resilience, and community safety. Grants vary widely; in 2024 they ranged from $13 to $100,000, with a $500 median, while its 2026 disaster-focused competitive program offers up to $15,000. It generally does not accept unsolicited requests, but eligible local nonprofits can apply through that competitive program.
Assets
$19.6M
Grants
451
Total Given
$1.2M
First Eagle Investments Foundation
Wilmington, DE
Assets
$747K
Grants
389
Total Given
$1.2M
Hagerty Drivers Foundation
Wilmington, DE
Assets
$193K
Grants
330
Total Given
$192K
McNabb Foundation
Wilmington, DE
The McNabb Foundation’s website describes support for behavioral health and social services in East Tennessee, while its 2024 grants went to organizations with varied missions, mostly in California. Grants ranged from $500 to $5,000, with a median of $1,000. It does not accept unsolicited requests and gives only to preselected charitable organizations.
Assets
$4.8M
Grants
328
Total Given
$358K
Raskob Foundation for Catholic
Wilmington, DE
The Raskob Foundation for Catholic Activities funds Catholic entities across a wide range of projects, including education, hunger relief, emergency aid, and social services, in the United States and internationally. Its 2024 grants ranged from $250 to $100,000, with a median of $18,000. The profile does not state whether it accepts unsolicited requests.
Assets
$208.0M
Grants
325
Total Given
$6.2M
More similar funders
More Funders in Delaware
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Ethereum Classic Cooperative Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Ethereum Classic Cooperative Inc down — hundreds of funders to go?