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Also known as: DECENTRALIZED WEB
Filecoin Foundation For The Decentralized Web is a private corporation based in MIDDLETOWN, DE. The foundation received its IRS ruling in 2021. It holds total assets of $16.4M. Annual income is reported at $35.4M. THE CHARITABLE MISSION OF THE FILECOIN FOUNDATION FOR THE DECENTRALIZED WEB IS TO PRESERVE HUMANITY'S MOST IMPORTANT INFORMATION, AND THE FOUNDATION SEEKS TO ADVANCE HUMANKIND BY BRINGING WEB3 TO LIFE THROUGH EDUCATION, RESEARCH, AND DEVELOPMENT. THE FOUNDATION SUPPORTS PROGRAMS THAT EDUCATE THE PUBLIC ABOUT HOW THE INTERNET WORKS AND WHAT A DECENTRALIZED FUTURE MEANS FOR BUSINESS, GOVERNMENTS, AND CONSUMERS ALIKE. IN 2022, THE FOUNDATION CONTINUED ITS CHARITABLE ACTIVITIES AROUND INITIATIVES TO SUPPORT ITS MISSION. According to available records, Filecoin Foundation For The Decentralized Web has made 21 grants totaling $22.8M, with a median grant of $1M. Annual giving has grown from $1.7M in 2021 to $8.6M in 2023. Grantmaking activity was highest in 2022 with $12.5M distributed across 10 grants. Individual grants have ranged from $50K to $2M, with an average award of $1.1M. The foundation has supported 8 unique organizations. The foundation primarily supports organizations in California, Massachusetts, New York, which account for 86% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
THE CHARITABLE MISSION OF THE FILECOIN FOUNDATION FOR THE DECENTRALIZED WEB IS TO PRESERVE HUMANITY'S MOST IMPORTANT INFORMATION, AND THE FOUNDATION SEEKS TO ADVANCE HUMANKIND BY BRINGING WEB3 TO LIFE THROUGH EDUCATION, RESEARCH, AND DEVELOPMENT. THE FOUNDATION SUPPORTS PROGRAMS THAT EDUCATE THE PUBLIC ABOUT HOW THE INTERNET WORKS AND WHAT A DECENTRALIZED FUTURE MEANS FOR BUSINESS, GOVERNMENTS, AND CONSUMERS ALIKE. IN 2023, THE FOUNDATION CONTINUED ITS CHARITABLE ACTIVITIES AROUND INITIATIVES TO SUPPORT ITS MISSION.
Expenses: $13M
THE CHARITABLE MISSION OF THE FILECOIN FOUNDATION FOR THE DECENTRALIZED WEB IS TO PRESERVE HUMANITY'S MOST IMPORTANT INFORMATION, AND THE FOUNDATION SEEKS TO ADVANCE HUMANKIND BY BRINGING WEB3 TO LIFE THROUGH EDUCATION, RESEARCH, AND DEVELOPMENT. THE FOUNDATION SUPPORTS PROGRAMS THAT EDUCATE THE PUBLIC ABOUT HOW THE INTERNET WORKS AND WHAT A DECENTRALIZED FUTURE MEANS FOR BUSINESS, GOVERNMENTS, AND CONSUMERS ALIKE. IN 2022, THE FOUNDATION CONTINUED ITS CHARITABLE ACTIVITIES AROUND INITIATIVES TO SUPPORT ITS MISSION. Based on available records, the foundation has funded 21 grants. Its grantmaking reaches organizations primarily in CA, MA, NY.
Filecoin Foundation For The Decentralized Web has distributed a total of $22.8M across 21 grants. The median grant size is $1M, with an average of $1.1M. Individual grants have ranged from $50K to $2M.
Filecoin Foundation For The Decentralized Web typically selects its grantees rather than accepting unsolicited proposals.
Filecoin Foundation For The Decentralized Web is headquartered in MIDDLETOWN, DE. While based in DE, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Kristin Smith | DIRECTOR | $0 | $0 | $0 |
| Megan Klimen | VICE PRESIDENT | $0 | $0 | $0 |
| Clara Tsao | VICE PRESIDENT | $0 | $0 | $0 |
| Marta Belcher | DIR./PRESIDENT/SECRETARY/TREASURY | $0 | $0 | $0 |
| Rainey Reitman | DIRECTOR | $0 | $0 | $0 |
Total Giving
$20.9M
Total Assets
$12.3M
Fair Market Value
$12.3M
Net Worth
$11.7M
Grants Paid
$7.6M
Contributions
$1.7M
Net Investment Income
$232K
Distribution Amount
$0
Total Grants
21
Total Giving
$22.8M
Average Grant
$1.1M
Median Grant
$1M
Unique Recipients
8
Most Common Grant
$1M
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Electronic Frontier FoundationOPERATING | San Francisco, CA | $2M | 2023 |
| Freedom Of The Press FoundationOPERATING | San Francisco, CA | $1.9M | 2023 |
| Harvard Office For Sponsored ProgramsOPERATING | Boston, MA | $1.6M | 2023 |
| Witness IncOPERATING | Brooklyn, NY | $1M | 2023 |
| Massachusetts Institute Of Technology Open LearningOPERATING | Cambridge, MA | $1M | 2023 |
WASHINGTON, DC
WASHINGTON, DC
SAN FRANCISCO, CA
WASHINGTON, DC
| Brian Behlendorf |
| DIRECTOR |
| $0 |
| $0 |
| $0 |
| Sheila Warren From August 2022 | DIRECTOR | $0 | $0 | $0 |
| Spritely Networked Communities InstituteOPERATING | Lewes, DE | $600K | 2023 |
| Creative Commons CorporationOPERATING | Mountain View, CA | $500K | 2023 |
| Access NowOPERATING | New York, NY | $50K | 2021 |
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