Public Charity

Zcash Foundation

Zcash Foundation is a Public Charity headquartered in McLean, VA. Financial data from the 2024 filing: $3.8M revenue, $8.0M expenses, $23.4M total assets. IRS filings disclose 37 grants awarded by this foundation, totaling roughly $331K.

EIN: 820707962 McLean, VA Science & Technology N.E.C. NTEE: U99 Latest filing: 2024
Total Revenue$3.8M
Total Expenses$8.0M
Total Assets$23.4M
Grants Given37
Grant Total$331K
Filing Years2019–2024

Mission

The Zcash Foundation is a public charity that builds financial privacy infrastructure for the public good, primarily serving the users of the Zcash protocol and blockchain. The Foundation also supports other applications of zero-knowledge cryptography, as well as other approaches to private cryptocurrency.

Where $100 goes at Zcash Foundation

How Zcash Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$89 Programs the work itself
$11 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $89 for programs

$62
Zcash Community Grants (ZCG, formerly Zcash Open Major Grants ZOMG) is a technical advisory board that constitutes a committee of the Zcash Foundation, under its bylaws
70% of program spending
$12
Protocol & Governance
14% of program spending
$7
FROST
8% of program spending

Plus 2 more programs. Cost per person served and the full program breakdown are on the full profile.

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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Given

Winchester, NH · 2022
Research and Development
$316,404
New York, NY · 2019
General support
$15,000

Showing up to 5 of 37 total records — full history available with membership.

Officers & Directors

Chief Operating Officer Alex Bornstein
Director Amber Baldet
Chairman/Treasurer Andrew Miller
Operations Director Danika Delano
Executive Director Jack Gavigan
Director Jay Verret

Officer compensation and complete director data available with membership.

Top Grant Purposes

Research & Policy
$316,404 1 grant
General Support
$15,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $3.8M $8.0M $23.4M
2023 $4.7M $9.9M $16.2M
2022 $13.0M $7.1M $21.8M
2020 $4.3M $2.8M $15.5M
2019 $6.5M $2.7M $8.8M

Between 2019 and 2024, reported annual revenue declined from $6.5M to $3.8M (-42%), with total assets most recently reported at $23.4M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in CA, CO, DE, GA, MA, MN, and 4 other states.

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Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for Zcash Foundation

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