The Terawulf Charitable Foundation

Foundation · Grantmaker EASTON, MD EIN: 87-2095826

The Terawulf Charitable Foundation is a private foundation focused on Human Services, based in EASTON, MD. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $33.2M in total assets. In 2024, it awarded 1 grants totaling $650K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$33.2M

-23.7% YoY

Annual Giving

$650K

Grant Count

Avg Grant Size

$650K

Under IRS private-foundation payout rules, The Terawulf Charitable Foundation reported a distributable amount of $363K for 2024 — the minimum it must pay out in qualifying distributions.

About The Terawulf Charitable Foundation

Based on IRS filings

Focus Areas

Human Services

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Maryland $1.3M (100%)

States

Maryland

Cities

Annapolis

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$33,228,520	$43,559,010	$43,559,010
Revenue	$-9,063,262	—	—
Expenses	$667,228	$7,640	$106,300
Qualifying Distributions	$654,339	—	$100,000
Net Investment Income	—	—	—
Distributable Amount	$362,657	$178,253	$506,711

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 2024

Grant Size Distribution

3 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Chesapeake Conservancy ($650,000).

Recipient	Purpose	Amount
CHESAPEAKE CONSERVANCY ANNAPOLIS, MD	PROTECTION AND PRESERVATION OF THE CHESAPEAKE BAY WATERSHED	$650,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
PAUL PRAGER	DIRECTOR/PRESIDENT	0.5	—
KERRI LANGLAIS	DIRECTOR/TREASURER	0.5	—
JULIA NESHEIWAT	DIRECTOR	0.5	—
LISA PRAGER	DIRECTOR	0.5	—
CATHERINE MOTZ	DIRECTOR	0.5	—
STEFANIE FLEISCHMANN	DIRECTOR/SECRETARY	0.5	—
MILA BARRETT	DIRECTOR/ASST SECRETARY	0.5	—

Subject Areas

Focus areas based on grantmaking activity

Human Services

Frequently Asked Questions

What is The Terawulf Charitable Foundation?

The Terawulf Charitable Foundation is a private foundation focused on Human Services, based in EASTON, MD. It holds $33.2M in total assets as of 2024.

How large is The Terawulf Charitable Foundation?

As of 2024, The Terawulf Charitable Foundation holds $33.2M in total assets with $-9,063,262 in annual revenue. It awarded 1 grants totaling $650K in 2024.

Where does The Terawulf Charitable Foundation operate?

The Terawulf Charitable Foundation has awarded grants in Maryland.

What size grants does The Terawulf Charitable Foundation award?

In 2024, The Terawulf Charitable Foundation awarded 1 grants totaling $650K — an average of about $650K per grant, based on its IRS Form 990 filings.

How much is The Terawulf Charitable Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Terawulf Charitable Foundation reported a distributable amount of $363K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Terawulf Charitable Foundation's EIN?

The Terawulf Charitable Foundation's EIN (Employer Identification Number) is 87-2095826. IRS Form 990 filing data is available on this page for 2021–2024.