NonprofitsLitecoin Foundation Inc

Public & Societal Benefit

Litecoin Foundation Inc

SANTA MONICA, CA

Total revenue

$243K

Total expenses

$218K

Net assets

$75K

Grants received

EIN

881262826

Tax year

2024

Mission

Litecoin foundation is a nonprofit organization whose mission is to promote the adoption, awareness & development of litecoin & its ecosystem.

Programs

1 program

Proof of work summit 2024 the pow summit aims to explore the fundamentals and value propositions of the major pow chains in four thematic streams: proof of scale, proof of utility, proof of sustainability, proof of human rights.

Expenses: $41K

Financials

FY 2024

Revenue

Contributions & grants$222K
Program service revenue$21K
Investment income
Other revenue
Total revenue$243K

Expenses

Grants paid
Salaries & benefits$77K
Fundraising$2K
Other expenses$141K
Total expenses$218K
Total assets$75K
Net assets$75K

People

4 listed

NameRoleCompensation

DAVID SCHWARTZ

BOARD MEMBER

Board

$44K

30 hrs/wk

ALAN AUSTIN

PRESIDENT

Board

$33K

30 hrs/wk

KEITH YONG

SECRETARY/TR

Board

5 hrs/wk

XINXI WANG

BOARD MEMBER

Board

2 hrs/wk

Details

EIN881262826
NTEE codeW22
Subsection03
Ruling date2022-07
Formed2022
Employees0
Volunteers20
LITECOIN FOUNDATION INC — Mission, Financials & Grants Received | Grantivo