Satoshi Action Fund

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 833502943 ✦ Oxford, MS ✦ Designated as a 501(c)(4)

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Overview

What is Satoshi Action Fund?

Satoshi Action Fund is a nonprofit organization situated in Oxford, Mississippi. Their primary mission is to foster a welcoming environment for Bitcoin mining investment and innovation across the United States. They actively collaborate with lawmakers, drafting model policies and advocating for legislation to facilitate this goal. By doing so, they aim to contribute to human progress, recognizing Bitcoin mining as a powerful tool in this pursuit.

Is Satoshi Action Fund legitimate?

Satoshi Action Fund is a legitimate nonprofit organization registered as a 501(c)(4) entity. Satoshi Action Fund submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Satoshi Action Fund?

The Satoshi Action Fund is committed to the belief that Bitcoin mining can contribute to human progress. Their mission is to foster a welcoming environment for investment and innovation in Bitcoin mining across the United States. To achieve this, they engage with lawmakers, draft model policies, and work towards passing legislation that supports their cause. Their goal is to promote a conducive environment for Bitcoin mining, thereby encouraging investment and innovation in the sector.

Who is the CEO of Satoshi Action Fund?

Samuel D Porter is the Director of Satoshi Action Fund. The CEO's salary of Satoshi Action Fund is $0 and their total compensation is $0.

What is the revenue of Satoshi Action Fund?

Satoshi Action Fund's revenue in 2022 was $262,674.

Who are the executives of Satoshi Action Fund and what are their salaries?


Here are 3 key members and their salaries (Satoshi Action Fund's CEO's salary is $0 and their total compensation is $0):


Amanda Gunasekara (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Surya Gunasekara (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Samuel D Porter (Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Satoshi Action Fund?

Satoshi Action Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Satoshi Action Fund

Satoshi Action Fund is a organization that strongly believes in the potential of Bitcoin mining as a catalyst for human progress. Their mission is to establish an inviting climate for investment and innovation in the field of Bitcoin mining across the United States. To accomplish this, Satoshi Action Fund collaborates with legislators, drafts model policies, and works tirelessly to pass legislation that supports their goals. The organization's ultimate aim is to foster an environment that encourages growth and development in the Bitcoin mining sector.

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Impact




October, 2024

Satoshi Action Fund has significantly influenced the dialogue surrounding Bitcoin mining and its role in advancing human progress. By actively engaging with lawmakers, the organization advocates for policies that foster a favorable environment for cryptocurrency investment and innovation across the United States. Through the drafting of model legislation and direct collaboration with policymakers, the Fund aims to ensure that Bitcoin mining is recognized not just as an economic opportunity, but as a catalyst for technological advancement and sustainable development. Their efforts contribute to shaping a regulatory landscape that supports growth in the cryptocurrency sector, thereby encouraging further investment and innovation in this emerging field.




This information is meant to be a general summary of Satoshi Action Fund. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$262,674 (2022)
Expenses
$42,938 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $27,050
  • Gross Receipts: $262,674

Assets and Liabilities:

  • Total Assets: $222,206
  • Total Liabilities: $0
  • Net Assets: $222,206

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

SPONSORS FOR CONFERENCE

Revenue

$27,050

Organization Details

Founding Year

2019

Principal Officer

Samuel D Porter

Main Address

1102 VAN BUREN AVENUE, OXFORD, MS, 38655

NTEE Category

Code: Z99 - Unknown

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