The Terawulf Charitable Foundation
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 grant totaling $650K.
Key facts about The Terawulf Charitable Foundation
In short: The Terawulf Charitable Foundation gave $650K across 1 grant in 2024 (avg $650K), mostly in Maryland. Source: 2024 IRS Form 990-PF.
- EIN
- 87-2095826
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $650,000
- Grants made (2024)
- 1
- Average grant
- $650,000
- Median grant
- $650,000
- Total assets
- $33,228,520
- Primary geography
- Maryland (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$33.2M
-23.7% YoY
Annual Giving
$650K
Grant Count
1
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.
How The Terawulf Charitable Foundation gives
- Giving grew 30% from 2021 to 2024. Method
- In 2024 it paid out 180% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 1 itemized 2024 grant dollars.
States
Cities
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
| Recipient | Purpose | Amount |
|---|---|---|
| CHESAPEAKE CONSERVANCY Annapolis, MD | PROTECTION AND PRESERVATION OF THE CHESAPEAKE BAY WATERSHED | $650,000 |
Financial History
Multi-year comparison from IRS filings
| 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 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2024
Leadership & Key People
Officers and directors from IRS filings
The Terawulf Charitable Foundation is led by Paul Prager, Director & President on every filing since 2021; none of the 7 officers listed in 2024 report compensation.
Officers on the 2024 filing
Paul Prager
Director & President
On filings since 2021
0.5 hrs/week
No compensation reported
Catherine Motz
Director
On filings since 2021
0.5 hrs/week
No compensation reported
Julia Nesheiwat
Director
On filings since 2021
0.5 hrs/week
No compensation reported
Kerri Langlais
Director & Treasurer
On filings since 2021
0.5 hrs/week
No compensation reported
Lisa Prager
Director
On filings since 2021
0.5 hrs/week
No compensation reported
Mila Barrett
Director & Assistant Secretary
On filings since 2021
0.5 hrs/week
No compensation reported
Stefanie Fleischmann
Director & Secretary
On filings since 2021
0.5 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2021–2024. "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 The Terawulf Charitable Foundation
How much does The Terawulf Charitable Foundation give each year?
The Terawulf Charitable Foundation gave $650K across 1 grant in 2024, according to its 2024 IRS Form 990-PF.
How large is The Terawulf Charitable Foundation?
The Terawulf Charitable Foundation reported $33.2M in total assets on its 2024 IRS Form 990-PF. It paid out $654K in qualifying distributions that year, against a required minimum of $363K (roughly 5% of its investment assets).
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.
Where does The Terawulf Charitable Foundation operate?
The Terawulf Charitable Foundation has awarded grants in Maryland.
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.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching The Terawulf Charitable Foundation by hand.
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