EIN 82-0707962

Zcash Foundation

IRS 501(c) type
501(c)(3)
Num. employees
8
City
Year formed
2017
Most recent tax filings
2022-12-01
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
$12,972,220
2022
Total expenses
$7,098,547
2022
Total assets
$21,828,619
2022
Num. employees
8
2022

Program areas at Zcash Foundation

Zcash Community Grants (ZCG, formerly Zcash Open Major Grants, ZOMG) is a technology 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 ZOMG'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 and Governance: The Zcash protocol and the open network it powers is a valuable, privacy-protecting internet infrastructure, developed and maintained by an open and diverse community of experts and enthusiasts. It is a tool for financial privacy that should always be freely available to the general public. The Zcash Foundation acts as a steward of the Zcash protocol, 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. We will 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
Tor ProjectResearch and Development$316,404
GaceEducation$0
Duke UniversityResearch and Development$0
...and 1 more grant made

Personnel at Zcash Foundation

NameTitleCompensation
Alex BornsteinChief Operating Officer / Board Member$215,585
Jack GaviganExecutive Director / Board Member$256,642
Danika DelanoOperations Director / Board Member$121,401
Josh CincinnatiPast Executive Director$21,646
Andrew MillerChair$0
...and 1 more key personnel

Financials for Zcash Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$14,939,418
Program services$20,979
Investment income and dividends$4,062
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-1,992,239
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$12,972,220

Form 990s for Zcash Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-09990View PDF
2021-122022-11-14990View PDF
2020-122021-11-10990View PDF
2019-122021-02-26990View PDF
2018-122020-01-16990View PDF
...and 1 more Form 990

Organizations like Zcash Foundation

OrganizationLocationRevenue
Software Freedom ConservancyBrooklyn, NY$4,357,006
NumFOCUSAustin, TX$9,289,091
Opencollective FoundationCovina, CA$27,447,708
USENIX AssociationSan Francisco, CA$6,151,517
FFWDSan Francisco, CA$12,459,105
Free Code CampPlano, TX$4,278,462
Gordon Research Conferences (GRC)East Greenwich, RI$52,411,994
International FIRST Committee AssociationManchester, NH$6,207,160
National Wind Technology ConsortiumAlbany, NY$6,913,016
National Institute of Building SciencesWashington, DC$18,280,132
Data update history
January 20, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 20, 2024
Updated personnel
Identified 2 new personnel
December 30, 2023
Used new vendors
Identified 3 new vendors, including , , and
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 30, 2023
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Business and community development organizationsResearch centersCharities
Issues
Science and technology
Characteristics
Provides grantsConducts researchOperates internationallyTax deductible donations
General information
Address
1390 Chain Bridge Rd A132
Mclean, VA 22101
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
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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