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BitGive Foundation

BitGive Foundation
Company type501(c)3 organization
Headquarters
Truckee, California
,
U.S.
Area served
Worldwide
Key people
  • Connie Gallippi (founder & executive director)
  • Rumi Morales (board president)
  • Sandra Ro (board treasurer)
  • Matthew Roszak (board member)
  • Dawn Newton (board member)
  • Paul Lamb (board member)
  • Justin Steffen (board member)
Websitebitgivefoundation.org Edit this at Wikidata

The BitGive Foundation is an American nonprofit organization that solicits bitcoin donations for use in charitable causes.[1][2]

Background

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BitGive was established by Connie Gallippi in 2013.[3] The organization was the first Bitcoin and Blockchain technology nonprofit.[4] The organization has received 501(c)(3) tax exempt status from the United States Internal Revenue Service.[5][6]

BitGive was founded with the goal of strengthening philanthropic impact globally by using cryptocurrency to make the process faster and more secure.[7] On GiveTrack, nonprofits can post projects and donors can contribute funds. Contributions can be made in bitcoin or in dollars.[8] The platform gives donors financial reporting and project results in real time.[9]

In 2017–2018, BitGive received $1 million from the Pineapple Fund, a philanthropic endeavor by an anonymous donor known as “Pine,” who sought to donate “the majority of [their] bitcoins to charitable causes.”[10]

Partnerships

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BitGive has worked with nonprofits globally, including Save the Children[11] and The Water Project.[4]

Leadership

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Connie Gallippi is a founder in the cryptocurrency space. In recognition of her work, Gallippi has been recognized on lists of notable women in cryptocurrency from publications, including Glamour,[12] HuffPost,[13] and the FinTech Times,[14] among others.[15][16] She serves on the board of directors for the Sierra Business Council.[17] Gallippi holds a BS in Natural Resource Management from Virginia Tech.[18]

BitGive's board of directors is composed of figures from the blockchain and cryptocurrency space: Rumi Morales (Board President), Sandra Ro (Board Treasurer), Matthew Roszak, Dawn Newton, Paul Lamb, and Justin Steffen. Emeritus board members include: Patrick Murck, Stephen Pair, and Alyse Killeen.[19]

References

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  1. ^ Marek, Kiersten (July 27, 2015). "Is Bitcoin a Powerful New Friend to the World's Poor? Some Funders Hope So". Inside Philanthropy.
  2. ^ Rachel Emma Silverman (13 April 2015). "Charities Seek Donations in Bitcoin". The Wall Street Journal.
  3. ^ Danielle Kurtzleben (July 30, 2013). "Group Seeks to Solicit Charitable Donations in Bitcoins". U.S. News & World Report.
  4. ^ a b Travers, Julia (January 31, 2019). "Giving "Without Friction or Fraud." The First Bitcoin Donation Platform Turns Five". Inside Philanthropy. Retrieved June 8, 2022.
  5. ^ "Sacramento charity may be nation's first bitcoin-based nonprofit". Sacramento Business Journal. 26 August 2014.
  6. ^ "Foundation Based On Bitcoin Wins Nonprofit Status". The NonProfit Times.
  7. ^ "Goodbye Corrupt Charities: Hello Blockchain". HuffPost. 2016-11-25. Retrieved 2022-06-08.
  8. ^ Sidel, Robin (2013-07-30). "Virtual Currency Enthusiasts to Launch Self-Regulatory Group". Wall Street Journal. ISSN 0099-9660. Retrieved 2022-06-08.
  9. ^ "Charities see more crypto donations. Who is benefiting?". AP NEWS. 2021-11-15. Retrieved 2022-06-08.
  10. ^ Schroeder, Stan (December 14, 2017). "Bitcoin tycoon promises to give away $86 million worth of bitcoins to charity". Mashable. Retrieved June 8, 2022.
  11. ^ "How Non-Profits Are Cashing In on the Cryptocurrency Boom". www.vice.com. 9 May 2014. Retrieved 2022-06-08.
  12. ^ Peck, Morgen (2018-04-24). "Cryptocurrency Is Not Just a Boys' Club". Glamour. Retrieved 2022-06-08.
  13. ^ "These 5 Women Are Using Blockchain To Empower Communities". HuffPost. 2018-09-10. Retrieved 2022-06-08.
  14. ^ "Women in the Crypto World - Celebrating the Achievements and Opportunities to Narrow the Gender Gap". The Fintech Times. 2020-09-19. Retrieved 2022-06-08.
  15. ^ "Influential Women in Blockchain". Global Shakers. Retrieved 2022-06-08.
  16. ^ "30 STEM Women to Watch". Global Shakers. Retrieved 2022-06-08.
  17. ^ "Board - Sierra Business Council". Retrieved 2022-06-08.
  18. ^ "Team | BitGive Foundation". www.bitgivefoundation.org. Retrieved 2022-06-08.
  19. ^ "Board of Directors | BitGive Foundation". www.bitgivefoundation.org. Retrieved 2022-06-08.
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