EIN 82-0707962

Zcash Foundation

IRS 501(c) type
501(c)(3)
Num. employees
6
City
Year formed
2017
Most recent tax filings
2023-12-01
Description
The Zcash Foundation's mission is to sustain and improve open financial networks that prioritize privacy. In order to make technical decisions, the foundation supports scientific activities like validation, measurement, and innovation. The foundation believes the Zcash protocol and its network should be developed and maintained by an open community, with a focus on diversity. The Zcash Foundation is located in Mclean, VA.
Total revenues
$4,745,458
2023
Total expenses
$9,916,662
2023
Total assets
$16,155,832
2023
Num. employees
6
2023

Program areas at Zcash Foundation

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. Grants are chosen by a committee of five members who are chosen by the Zcash Community Advisory Panel (ZCAP) in an open election. Funding for ZCG's activities is provided via the Dev Fund specified in ZIP 1014.
Community: The Zcash Foundation supports the expansion of Zcash into a large and healthy community with diverse stakeholders, held accountable to our user-base in the broadest sense. Our goal is creating tools that help sustain open networks, which enable individuals to protect their privacy on their own terms. Privacy comprises both autonomy and consent, which are essential to human dignity and the healthy continuation of civil society.
Protocol & Governance: The Zcash protocol and the open network it powers is valuable, privacy-protecting Internet infrastructure; it should be developed and maintained by an open and diverse community of experts and enthusiasts. It is a tool for financial privacy available to the general public. The Zcash Foundation acts as a steward of the Zcash protocol, providing leadership and supporting its continued maintenance and improvement.
Science: Technical decisions are best supported by scientific activities, such as rigorous validation, empirical measurement, and continued innovation and refinement. The Zcash Foundation therefore support these activities within our community. All cryptocurrencies, but especially Zcash, rely on cutting-edge contributions from the scientific research community, thus interaction with this community can also help the community stay healthy. We will encourage this scientific research and educate the public regarding the substance and benefits of these scientific developments.

Grants made by Zcash Foundation

GranteeGrant descriptionAmount
The Foresight InstituteEducation$0
ZecHubEducation, Research & Development$0
The Foresight InstituteEducation$0
...and 1 more grant made

Financials for Zcash Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$5,608,672
Program services$18,254
Investment income and dividends$27,900
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-909,368
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$4,745,458

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Data update history
February 19, 2025
Updated personnel
Identified 2 new personnel
January 20, 2025
Posted financials
Added Form 990 for fiscal year 2023
January 6, 2025
Used new vendors
Identified 4 new vendors, including , , , and
September 24, 2024
Updated personnel
Identified 1 new personnel
January 20, 2024
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Grantmaking organizationsBusiness and community development organizationsResearch centersCharities
Issues
Science and technology
Characteristics
Provides grantsConducts researchOperates internationallyTax deductible donationsAccepts online donations
General information
Address
1390 Chain Bridge Rd A132
Mclean, VA 22101
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
County
Fairfax County, VA
Website URL
zfnd.org/ 
Phone
(571) 418-5390
IRS details
EIN
82-0707962
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2017
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
U40: Engineering and Technology Research, Services
NAICS code, primary
5112: Software Publishers
Parent/child status
Independent
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