What BitGive Foundation does

BitGive Foundation is a United States 501(c)(3) nonprofit organization established in 2013 by Connie Gallippi, recognized as the first female founder in the cryptocurrency space. The organization pioneered digital philanthropy by leveraging Bitcoin and blockchain technology to enable faster, lower-cost, and more transparent cross-border charitable donations. BitGive operated the GiveTrack™ platform—its signature product—which allowed nonprofit organizations to receive donations in bitcoin, ethereum, and other cryptocurrencies (plus fiat currency) while providing donors with real-time visibility into fund disbursement and project outcomes through milestone-based releases. By the time of its July 2022 asset transfer, BitGive had worked with 31 nonprofit partners across 29 countries, directly benefiting more than 57,000 people, with named partners including Heifer International, GiveDirectly, Direct Relief, Save the Children Mexico, The Water Project, Medic Mobile, Black Girls CODE, SEED Madagascar, Wild Tomorrow Fund, and Code to Inspire.

The organization's go-to-market combined product-led growth (GiveTrack as the self-serve platform), community-led engagement through the cryptocurrency ecosystem, and direct-to-consumer donation flows. BitGive accepted cryptocurrency and fiat donations via integrations with BitGo (wallet infrastructure), Uphold (payment processing), Mailchimp (email), and Google Analytics for site measurement. Marketing channels included earned media (Forbes, BBC, WSJ, Entrepreneur), social media, content marketing, and the inaugural DePhi Crypto for Good Conference held in November 2020 (277 attendees, 36 speakers). Strategic investors included Square and Ark Invest, and governance was provided by a board including Rumi Morales (Outlier Ventures), Gabriel Abed (Bitt.com), and Paul Lamb (Man on a Mission Consulting).

BitGive's revenue model was based on charitable donations and platform ecosystem partnerships rather than fees; no explicit platform pricing was disclosed. In July 2022, BitGive announced the transfer of its assets, including the GiveTrack platform, to Heifer International—a nearly 80-year-old nonprofit—to strengthen Heifer's cryptocurrency capabilities and maximize philanthropic impact, effectively concluding BitGive's independent operations. Becky Patterson served as Acting Executive Director at the time of the announcement. The organization maintained 501(c)(3) status (Tax ID 46-3362563) under California jurisdiction and was GDPR-compliant through Standard Contractual Clauses and the appointment of DataRep as its EU representative.

Name

BitGive Foundation

Legal name

BitGive Foundation

Website

https://bitgivefoundation.org

Company type

Private

Founded year

2013

Operating status

Acquired

Headcount range

1–10 employees

Short description

BitGive Foundation, a 501(c)(3) nonprofit founded in 2013, operated GiveTrack, a blockchain-powered donation platform enabling nonprofits to receive cryptocurrency and fiat donations with real-time transparency. In July 2022, it transferred its assets, including GiveTrack, to Heifer International.

Ownership category

akta.pro rank

Product category

Nonprofit Donation Platform

NAICS

Grantmaking Foundations (813211), Grantmaking and Giving Services (8132)

SIC

Finance Services (6199)

akta.pro primary industry

Grants, Funding & Budget Allocation Platforms (FSAPAHAE)

akta.pro secondary industries

Crypto Payments & Stablecoin Settlement Platforms (BPAMAFAL), Philanthropic & Charitable Trust Services (FSAAANAI)

Keywords

• Blockchain philanthropy
• Cryptocurrency donations
• Donation tracking platform
• Nonprofit transparency
• Digital charitable giving

Headquarters

HQ city

San Francisco

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Others

Revenue model

1. Donations and Charitable Contributions: As a 501(c)(3) nonprofit organization, BitGive Foundation generates revenue through charitable donations from individuals, corporations, and institutional donors. Donations are accepted in both cryptocurrency and fiat currency.
2. Platform Usage (No explicit fees mentioned): The organization operates as a nonprofit and does not appear to charge explicit fees for platform usage. Their value proposition emphasizes lower costs compared to traditional philanthropy through cryptocurrency transactions.

Go-to-market motion4 records

Distribution channels4 records

Marketing channels8 records

Core offering

BitGive Foundation operates GiveTrack, a blockchain-powered donation tracking platform that enables nonprofit organizations to receive donations in cryptocurrency (Bitcoin, Ethereum, and other digital assets) and fiat currency, while providing donors with real-time financial transparency and project outcome tracking. As the first Bitcoin and Blockchain technology 501(c)(3) nonprofit established in 2013, it facilitates faster, lower-cost, and more transparent cross-border philanthropic transfers for 31 nonprofit partners across 29 countries.

Product overview

BitGive Foundation operates as a single unified nonprofit offering centered around its flagship product, GiveTrack. GiveTrack is a blockchain-powered donation platform that enables nonprofits to receive cryptocurrency and fiat donations while providing real-time financial transparency and project outcome tracking to donors. The organization, established in 2013 as the first Bitcoin and Blockchain nonprofit 501(c)(3), serves as a technology platform provider bridging cryptocurrency and philanthropy. BitGive has transferred its assets including GiveTrack to Heifer International as of July 2022.

Differentiator

Problem solved

Functional benefit

Brands

• GiveTrack: A game-changing donation platform for nonprofits that provides transparency and accountability to donors by sharing financial information and direct project results in real-time. Powered by blockchain technology to enable donations in bitcoin or fiat.

Products and services

• GiveTrack GiveTrack is a blockchain-powered donation tracking platform for nonprofit organizations that provides transparency and accountability to donors by sharing financial information and direct project results in real-time. It accepts donations in Bitcoin, Ethereum, and other cryptocurrencies as well as fiat currency, enabling nonprofits to receive and track donor funds from beginning to end with milestone-based fund distribution.

Quantifiable outcome

• 57,000+ people directly benefited across 29 countries
• +5 more outcomes

Named customers12 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Feature5 records

Partnerships

15 partnerships are on record, tiered flagship, core and minor.

• Heifer InternationalflagshipStrategic or Co-development Partner · 1 July 2022Longstanding NGO partner and acquirer of BitGive's assets including GiveTrack at end of 2021. Heifer International is a nearly 80-year-old philanthropic organization demonstrating keen interest in using Bitcoin and blockchain technology to end hunger and poverty sustainably. The transfer was completed in 2022 to help Heifer strengthen its cryptocurrency capabilities.
• BitGocoreTechnology or Integration · 1 August 2020Integration of BitGo's wallet technology directly with GiveTrack platform, providing enhanced digital asset financial services for nonprofit partners. BitGo is the leader in digital asset financial services.
• GiveDirectlycoreStrategic or Co-development PartnerCOVID-19 Emergency Relief Fund beneficiary. Provides direct cash relief to families in extreme poverty in Africa and US families affected by COVID-19. BitGive donated 0.4476 BTC supporting nearly 100 families in Kenya, Liberia, Malawi, and Rwanda.
• Direct ReliefcoreStrategic or Co-development PartnerCOVID-19 Emergency Relief Fund beneficiary. Global healthcare nonprofit leveraging distribution infrastructure for PPE and medical supplies. BitGive's donation enabled approximately 10,000 surgical masks for Latin America and Caribbean deployment.
• One Fair Wage Emergency FundcoreStrategic or Co-development PartnerCOVID-19 Emergency Relief Fund beneficiary. Provides cash assistance to restaurant workers, gig workers, and hourly workers. BitGive donated $5,270 supporting over 100 tipped service workers with $500 cash relief each.
• Save the Children MexicocoreStrategic or Co-development PartnerPartner NGO launching emergency relief campaigns utilizing new BitGo wallet benefits. Project focuses on food and health security for vulnerable families in Mexico.
• Black Girls CODEcoreStrategic or Co-development PartnerPartner NGO with live project on GiveTrack supporting technology education programs for Black girls.
• SEED MadagascarcoreStrategic or Co-development PartnerPartner NGO with live project to build Sekoly School with classrooms, hygiene facilities, and on-site teacher housing. Featured campaign during BitGive's transition period.
• Wild Tomorrow FundcoreStrategic or Co-development PartnerPartner NGO launching wildlife conservation emergency relief campaigns utilizing GiveTrack's new wallet benefits.
• Code to InspirecoreStrategic or Co-development PartnerPartner NGO supporting Afghanistan education initiatives with BitGive's Building Afghanistan 2.0 project with Afghan Girls Code.
• Uphold, Inc.coreTechnology or IntegrationPayment processing services provider for charities on BitGive. Processes donations in both cryptocurrency and fiat currency through the GiveTrack platform.
• Bitcoin.TaxminorGTM or Marketing PartnerPartner for cryptocurrency tax calculation tools. Created podcast content with founder Connie Gallippi about tax benefits of donating cryptocurrency.
• The Water ProjectcoreStrategic or Co-development PartnerPilot project partner during GiveTrack launch, focusing on water and sanitation facilities and training at schools in Kenya.
• Medic MobilecoreStrategic or Co-development PartnerPilot project partner during GiveTrack launch, supporting healthcare technology initiatives.
• TECHOcoreStrategic or Co-development PartnerEstablished nonprofit partner working on humanitarian issues in Latin America.

Scale indicators6 records

Recent moves7 records

Expansion highlights5 records

Market position

Weaknesses3 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/bitgiveorg
• Facebookfacebook.com/BitGive
• LinkedInlinkedin.com/company/bitgive-foundation

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about BitGive Foundation