Open Blockchain Foundation

Foundation · Grantmaker WILMINGTON, DE EIN: 82-3878759

Open Blockchain Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2022. In 2022, it awarded 1 grants totaling $10K. Net investment income was $3K.

Key facts about Open Blockchain Foundation

EIN: 82-3878759
Latest 990 filing: Form 990-PF, 2022
Annual giving (2022): $10,455
Grants made (2022): 1
Average grant: $10,455
Median grant: $10,455
Primary geography: California (100% of itemized 2022 grant dollars)

Data from IRS Form 990-PF, 2022; updated April 2026.

How Open Blockchain Foundation gives

In 2022 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Financial Overview

From 2022 IRS Form 990-PF · View filing

Total Assets

—

-100.0% YoY

Annual Giving

$10K

Grant Count

Avg Grant Size

$10K

Under IRS private-foundation payout rules, Open Blockchain Foundation reported a distributable amount of $1K for 2022 — the minimum it must pay out in qualifying distributions.

About Open Blockchain Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

California $10K (100%)

Share of all 1 itemized 2022 grant dollars.

States

California

Cities

Oakland

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2022	2021	2020
Total Assets	—	$25,036	$38,770
Revenue	$3,670	$-6,267	$3
Expenses	$28,706	$7,467	$7,412
Qualifying Distributions	$28,507	$7,200	—
Net Investment Income	$3,487	—	—
Distributable Amount	$1,350	$2,236	$1,881

Data update history

When this profile's IRS filing data changed on Grantable

March 2, 2026 IRS filings on file for fiscal years 2020–2022

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2022

Grant Size Distribution

1 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2022 grants, the largest recipients include The Clear Fund ($10,455).

Recipient	Purpose	Amount
THE CLEAR FUND OAKLAND, CA	GiveWell's top charities	$10,455

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2022 IRS filing

Name	Title	Hours	Compensation
Ethan Fast	Dir, Pres, Sec, Treas	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Open Blockchain Foundation?

Open Blockchain Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. It holds — in total assets as of 2022.

Where does Open Blockchain Foundation operate?

Open Blockchain Foundation has awarded grants in California.

What size grants does Open Blockchain Foundation award?

In 2022, Open Blockchain Foundation awarded 1 grants totaling $10K — an average of about $10K per grant, based on its IRS Form 990 filings.

How much is Open Blockchain Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2022, Open Blockchain Foundation reported a distributable amount of $1K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.