Interledger Foundation

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

EIN: 842364885 ✦ Tampa, FL ✦ Designated as a 501(c)(3)

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Overview

What is Interledger Foundation?

The Interledger Foundation, based in Tampa, Florida, is a nonprofit organization dedicated to fostering diversity in the tech ecosystem. By leveraging the Interledger Protocol (ILP), they power a currency-agnostic payments network, promoting digital financial inclusion. In 2022, they funded 56 projects across 24 countries, expanding their grant-making scope. The foundation also organized a global Interledger Summit, bringing together developers, activists, and entrepreneurs to collaborate. Additionally, they led the community, ecosystem, and partners towards enhancing the Interledger Protocol's functionality, introducing new services, tools, and resources for their stewarded standards: Open Payments and Web Monetization. The Interledger Foundation's mission is to advocate for the web, encouraging innovation, creativity, and inclusion by advancing open payment standards and technologies that seamlessly connect our global society.


Official website here: www.interledger.org

Is Interledger Foundation legitimate?

Interledger Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Interledger Foundation 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: $904,517
Professional Fundraising Fees: $0
Other Salaries and Wages: $366,286

For more financial information, click here


Official website here: www.interledger.org

What is the mission statement of Interledger Foundation?

The Interledger Foundation, as a nonprofit organization, advocates for innovation, creativity, and inclusion on the web by promoting open payment standards and technologies. Its mission is to seamlessly connect our global society, enabling seamless transactions across different currencies and financial systems. In 2022, the foundation funded 56 projects in 24 countries, expanded its grant-making program areas, and held a global Interledger summit. Additionally, it led the community, ecosystem, and partners towards advancing the functionality of its protocol, Interledger. The foundation also developed new services, tools, and resources for the open payments and web monetization standards it stewards.


Official website here: www.interledger.org

Who is the CEO of Interledger Foundation?

Briana Marbury is the Chairperson of Interledger Foundation. The CEO's salary of Interledger Foundation is $325,000 and their total compensation is $352,616.


Official website here: www.interledger.org

What is the revenue of Interledger Foundation?

Interledger Foundation's revenue in 2022 was $256,857.


Official website here: www.interledger.org

Who are the executives of Interledger Foundation and what are their salaries?

The average compensation at Interledger Foundation during 2022 was $115,528. There are 11 employees and 6 volunteers at Interledger Foundation.


Here are 10 key members and their salaries (Interledger Foundation's CEO's salary is $325,000 and their total compensation is $352,616):


Stefan Thomas (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Evan Schwartz (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maha Bahou (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Larsen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Konstantin Peric (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Briana Marbury (President & Ceo)
  • Compensation: $325,000
  • Related: $0
  • Other: $27,616
Gary Morris (Treasurer And Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erika Drushka (Head Of Operations)
  • Compensation: $173,021
  • Related: $0
  • Other: $22,239
Chris Lawrence (Head Of Programs)
  • Compensation: $167,500
  • Related: $0
  • Other: $9,550
Alex Lakatos (Cto)
  • Compensation: $169,694
  • Related: $0
  • Other: $9,898


Official website here: www.interledger.org

Where can I find the form 990 for Interledger Foundation?

Interledger Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.interledger.org

Learn more at the official website: www.interledger.org

Mission Statement of Interledger Foundation

The Interledger Foundation, as a nonprofit advocate for the web, strives to foster innovation, creativity, and inclusion by advancing open payment standards and technologies. Its mission is to seamlessly connect our global society by promoting these advancements, thereby broadening the diversity of voices in the tech ecosystem. Utilizing the Interledger Protocol (ILP), the Foundation powers a currency-agnostic payments network, serving as a catalyst for digital financial inclusion. In 2022, the Interledger Foundation made significant strides, funding 56 projects in 24 countries, expanding its grant-making program areas, and organizing a global Interledger Summit. This event brought together developers, activists, and entrepreneurs, allowing them to collaborate and build upon the Foundation's momentum. Moreover, the Interledger Foundation led the community, ecosystem, and partners in advancing the functionality of the Interledger Protocol, developing new services, tools, and resources for the standards it stewards, including open payments and web monetization.

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Impact




October, 2024

The Interledger Foundation is making significant strides in promoting innovation, creativity, and inclusion within the tech ecosystem by advancing open payment standards and technologies. By utilizing the Interledger Protocol (ILP), the foundation is fostering a currency-agnostic payments network that aims to enhance digital financial inclusion globally.

In 2022, the foundation funded 56 projects spread across 24 countries, broadening the diversity of voices engaged in the tech space. Their efforts culminated in a global Interledger Summit that united developers, activists, and entrepreneurs to harness the momentum of the foundation and collaborate on advancing the protocol's capabilities.

Moreover, the foundation is continuously leading efforts to develop new services, tools, and resources that support the open payments and web monetization standards they steward. By connecting various stakeholders in the global community, the Interledger Foundation is driving a more inclusive digital economy and enhancing accessibility to financial services for all.




This information is meant to be a general summary of Interledger Foundation. 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
$256,857 (2022)
Expenses
$4,609,235 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $3,413
  • Gross Receipts: $90,677,035

Assets and Liabilities:

  • Total Assets: $75,537,366
  • Total Liabilities: $287,931
  • Net Assets: $75,249,435

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Organization Details

Founding Year

2019

Principal Officer

Briana Marbury

Main Address

610 E ZACK ST STE 110-4289, TAMPA, FL, 33602

NTEE Category

Code: Q30 - International

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