Overview

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Est.

2020

Latest Fiscal Year

Not available

Organization Type

Grantmaker

AI Summary

The OPEN SATS INITIATIVE INC is a 501(c)3 grantmaking organization that engages in relationship-based funding and does not accept unsolicited proposals, making grants by invitation only. Currently, the organization has provided funding to five grantees, focusing on fostering partnerships rather than open applications. Nonprofits interested in exploring warm-introduction pathways can utilize Impala's Funder Prospecting to connect with this funder.

Mission Statement

TO HELP SUPPORT AND MAINTAIN A SUSTAINABLE ECOSYSTEM OF FUNDING FOR FREE AND OPEN SOURCE PROJECTS AND CONTRIBUTORS, ESPECIALLY BITCOIN RELATED PROJECTS AND PROJECTS WHICH HELP BITCOIN FLOURISH.
Total Funding Given
$0
2024
Grantees funded
5
Multi-year grantees
40%
Funding by Year
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Evaluate your own portfolio
Understand the health of your own grantees and uncover signs of risk.
Total No. of Grants
21
Median 1st year grant
$0
Median 2nd year grant
$0
I
IB Cypherust LLC
Board Member
F
Freedom Tech LLC
Board Member
B
BigRebase LLC
Board Member

Frequently Asked Questions

Can I submit an unsolicited grant proposal to OPEN SATS INITIATIVE INC?
No. OPEN SATS INITIATIVE INC does not accept unsolicited proposals. Funding is by invitation only.
Where does OPEN SATS INITIATIVE INC give?
OPEN SATS INITIATIVE INC primarily gives to organizations located in Tennessee and Wyoming. These states represent the largest share of the foundation’s grantmaking by dollars awarded. Additional geographic details are available to registered users.
What size are OPEN SATS INITIATIVE INC’s grants?
The largest share of grants from OPEN SATS INITIATIVE INC fall in the above $10 million range. The median first-year grant is about $0. More detailed grant size data is available to registered users.
Who did OPEN SATS INITIATIVE INC fund recently?
In 2024, OPEN SATS INITIATIVE INC awarded grants to about 2 grantees. Recent grantees include BITCOIN POLICY INSTITUTE and Summer of Bits Inc. More detailed information on all recent recipients is available to registered users.
How do we apply to OPEN SATS INITIATIVE INC?
OPEN SATS INITIATIVE INC does not accept unsolicited proposals. Funding is by invitation only.