Non Profits

Bitcoin Bay Foundation operates as a registered 501(c)(3) nonprofit organization, providing formal accountability and transparency required by U.S. tax law. As a charitable entity, no earnings can be distributed to private individuals, ensuring all funds support the mission of Bitcoin education and community building.

The foundation has established credibility through its evolution from Tampa Bitdevs, which started in January 2022 and grew into what is described as the longest-running U.S. Bitcoin meetup with over 14 years of community presence. Their legitimacy was further validated when they won the Bitcoin 2023 conference pitch day, receiving 1 BTC to fund their circular economy initiatives.

The organization maintains a strict Bitcoin-only policy with no altcoin promotion, demonstrating philosophical alignment with Bitcoin maximalist principles. They operate transparently through public events, partnerships with established entities like the University of Tampa, and crowdfunding via Geyser Fund.

Nine-person board makes all organizational decisions transparently. Doesn't take a cut from donations — operations funded separately. All supported projects must be open-source and freely accessible.

Founded in 2020 and 100% funded by donations. Has funded the highest number of active Bitcoin Core developers and reviewers. Received $5 million pledge from Jack Dorsey's #startsmall over 5 years.

Established organization accepting Bitcoin donations since 2014. Has allocated over $2.7 million to 80+ developers, educators, and open-source initiatives worldwide. Grants announced quarterly.

Largest Bitcoin FOSS grant program in the world. Has issued 70+ grants worth $7,000,000+ to 40+ grantees across 20+ countries. Develops the Lightning Development Kit (LDK) and Bitcoin Development Kit (BDK).

Established in 2013. Hosts 'The Complete Satoshi' — an archive of Satoshi Nakamoto's public writings (2008-2012). Content licensed under Creative Commons (CC BY-SA 4.0).

Founded 2021 in Washington, D.C. Works directly with Congress, federal agencies, and regulators. Emphasizes that Bitcoin is distinct from 'crypto' and a strategic asset for the United States.

256 Foundation is a US 501(c)(3) public charity (EIN 99-1662333) dedicated to making Bitcoin mining free and open-source. The organization has received grants from the Human Rights Foundation's Bitcoin Development Fund and has an official partnership with Block's Proto group to support open-source Bitcoin mining initiatives.

As a nonprofit focused on grant-making and education rather than custody or financial services, 256 Foundation does not hold user funds, making traditional trust metrics like proof of reserves or insurance inapplicable. Their work centers on funding open-source projects where all hardware designs, firmware, and software are publicly auditable. Grant recipients are evaluated through an application and interview process, with grants paid in either bitcoin or fiat according to recipient preference.