This organization files Form 990, which has no section for application policy. Its filings cannot say either way.
The latest filing we hold carries no statement about applications. That is not the same as closed: public-charity Form 990s have no field for it, and many foundations leave the section blank.
Grants paid by year
Total assets by year
Where the money went · FY2024
Form 990 splits expenses into program services, management and fundraising. The split is self-reported, and a grantmaker, a research institute and a direct-service nonprofit book the same work differently. A line the return does not carry reads "not available"; it is never counted as zero.
| Year | Form | Revenue | Expenses | Grants paid | Assets | Net assets |
|---|---|---|---|---|---|---|
| FY2024 | 990 | $1,968,110 | $17,569,232 | $9,992,919 | $37,535,807 | $37,535,807 |
| FY2023 | 990 | $42,810,273 | $7,433,412 | $3,583,819 | $50,958,488 | $50,958,488 |
| FY2022 | 990 | $16,438,611 | $2,481,153 | $1,565,842 | $12,380,355 | $12,380,355 |
Figures are as reported on the e-filed return, with no restatement. Fiscal years are the funder's own tax year, labelled by the calendar year the period ends in. A blank line means the return does not carry that figure; a real zero shows as $0. When an amended return replaces an original, every figure here uses the amended return. The original is not shown. Giving is what the funder actually paid out toward its charitable purpose in the year (qualifying distributions on Form 990-PF, charitable disbursements otherwise). Assets are what it holds; giving is what moves.
Recipient focus areas
Where recipients are
Based on the 17% of grant rows we could match to an organization record. The rest stay as reported. The IRS assigns the NTEE category when it grants exemption. It often reflects the original filing, not today's giving.
| Recipient | Purpose | Amount | Year | Source |
|---|---|---|---|---|
| GFX LABSCHICAGO, IL | RESEARCH & DEVELOPMENT | $1,167,679 | 2023 | |
Recipients are shown as the funder wrote them on the return. A recipient with a link was matched to an organization record; the rest stay as reported and are never guessed.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Hart Lambur | BOARD MEMBER | 0.50 | $0 |
| Devin Walsh | EXECUTIVE DIRECTOR | 40.00 | $775,938 |
| Ken Ng | HEAD OF APPLIED RESEARCH, BOARD MEMBER | 40.00 | $691,048 |
| Aaron Lamphere | HEAD OF OPERATIONS AND GRANTS |
From the officer list on the latest e-filed return. Compensation is as reported there; a blank means the return carries no figure.
| R&D |
| $977,680 |
| 2024 |
| EDGE EVENTS LLCAUSTIN, TX | R&D | $862,572 | 2024 |
| GAUNTLET NETWORKS INCDALLAS, TX | R&D | $851,333 | 2024 |
| DEFI LESSONS LLCNEW YORK, NY | R&D | $600,000 | 2024 |
| GFX Labs IncChicago, IL | Research & Development | $461,847 | 2022 |
| GAUNTLET NETWORKS INCDALLAS, TX | RESEARCH & DEVELOPMENT | $436,666 | 2023 |
| CIRCLE INTERNET FINANCIAL LLCBOSTON, MA | R&D | $333,300 | 2024 |
| OTHER INTERNET INCBROOKLYN, NY | RESEARCH & DEVELOPMENT | $250,000 | 2023 |
| ARGONAVIS INC - CHARLIE FENGOAKLAND, CA | R&D | $240,000 | 2024 |
| ALLIUM LABS INCNEW YORK, NY | R&D | $240,000 | 2024 |
| THE LATEST IN RESEARCH INCORPORATEDWILMINGTON, DE | R&D | $227,027 | 2024 |
| UNIT ZERO LABS LLCLOS ANGELES, CA | R&D | $214,650 | 2024 |
| AXICON LABS INCBROOKLINE, ME | R&D | $210,556 | 2024 |
| Other Internet LLCBrooklyn, NY | Public Research Rpt | $200,000 | 2022 |
| ATRIUM ACADEMYNEWARK, DE | R&D | $180,000 | 2024 |
| TRAIL OF BITSNEW YORK, NY | R&D | $176,000 | 2024 |
| TEAM SECRETWILMINGTON, DE | RESEARCH & DEVELOPMENT | $162,775 | 2023 |
| ZAHA STUDIO LLCNEWARK, DE | R&D | $150,000 | 2024 |
| DIFRANCESCO TECHNOLOGIES LLCNEWTON SQUARE, PA | R&D | $135,000 | 2024 |
| Team SecretWilmington, DE | Financial Education | $112,500 | 2022 |
| Regents of the University of CaliforniaLa Jolla, CA | Research & Development | $105,000 | 2022 |
| LOCAL GROUP INCDOVER, DE | R&D | $100,000 | 2024 |
| Cornell UniversityIthica, NY | Research & Development | $100,000 | 2022 |
| CHAOS LABSGREAT NECK, NY | RESEARCH & DEVELOPMENT | $85,000 | 2023 |
| 40.00 |
| $225,000 |
| Brian Nistler | GENERAL COUNSEL | 40.00 | $185,151 |
| Erin Koen | GOVERNANCE LEAD | 40.00 | $516,300 |
| Raphaela Sapire | COO | 40.00 | $911,531 |
| Tyllen Bicakcic | DEVELOPER RELATIONS LEAD | 40.00 | $428,546 |
Form 990 · FY2023 · period ending Dec 31, 2023IRS bulk XML
Filing id 202413199349307151
Form 990 · FY2022 · period ending Dec 31, 2022
Filing id 202321399349300607
IRS filings are the source for every fact on this page. Nothing a model writes is ever a source; it can only point at a row here.