Overview
What is Open Technology Fund?
The Open Technology Fund (OTF) is a nonprofit organization based in Washington, D.C. Committed to advancing global internet freedom, OTF focuses on research, development, implementation, and maintenance of technologies that ensure secure and unfiltered internet access for millions of users worldwide. By combating censorship and surveillance, the fund empowers citizens to access reliable news and information, thereby protecting their fundamental human rights online.
Official website here: www.opentech.fund
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Open Technology Fund has received an 81% score from Charity Navigator, which indicates a solid performance in terms of accountability and finance. The rating is primarily based on strong governance practices, including a fully independent board and comprehensive policies in place, such as conflict of interest and whistleblower protections. These elements demonstrate the organization’s commitment to transparency and ethical management.
The organization scored particularly well on program expense ratio, achieving 72.43%, which reflects a substantial allocation of resources towards its mission-related activities. Additionally, it has no material diversions of assets, showcasing effective financial stewardship. The presence of thorough audit and oversight measures contributes to its favorable financial rating.
However, there is a notable concern regarding the liabilities to assets ratio, where Open Technology Fund scored 0 out of 15 points. This might indicate potential financial risks that could impact the organization's long-term sustainability. Overall, while the charity showcases strong governance and financial practices, stakeholders may benefit from a closer look at its liabilities management.
This AI summary has been generated from information found on Charity Navigator.
Is Open Technology Fund legitimate?
Open Technology Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Open Technology 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: $602,133
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,718,892
For more financial information, click here
Official website here: www.opentech.fund
What is the mission statement of Open Technology Fund?
The Open Technology Fund (OTF) is a non-profit organization dedicated to promoting global internet freedom. Through its efforts, OTF supports the development, implementation, and maintenance of tools and technologies that counteract censorship and surveillance, enabling people worldwide to access news and information securely and exercise their fundamental human rights online. The Open Technology Fund's mission is to advance internet freedom on a global scale by providing resources for the research, development, and implementation of secure and uncensored internet access technologies. The organization focuses on large-scale circumvention and secure communication technology needs, primarily for journalism networks, ensuring content delivery to audiences in restricted environments and protecting journalists and their sources. OTF ensures the security and effectiveness of technologies used by millions of users.
Official website here: www.opentech.fund
Who is the CEO of Open Technology Fund?
Laura Cunningham is the Chairperson/Director of Open Technology Fund.
Official website here: www.opentech.fund
What is the revenue of Open Technology Fund?
Open Technology Fund's revenue in 2022 was $19,301,273.
Official website here: www.opentech.fund
Who are the executives of Open Technology Fund and what are their salaries?
There 5 volunteers at Open Technology Fund.
Here are 12 key members and their salaries:
- Compensation: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Compensation: $147,561
- Related: $0
- Other: $28,045
- Compensation: $199,160
- Related: $0
- Other: $19,418
- Compensation: $162,448
- Related: $0
- Other: $27,263
- Compensation: $13,862
- Related: $0
- Other: $1,657
- Compensation: $140,199
- Related: $0
- Other: $23,175
- Compensation: $123,260
- Related: $0
- Other: $18,351
Official website here: www.opentech.fund
Where can I find the form 990 for Open Technology Fund?
Open Technology Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.opentech.fund
Learn more at the official website: www.opentech.fund
Mission Statement of Open Technology Fund
The Open Technology Fund (OTF), a non-profit organization, is dedicated to advancing global internet freedom. By supporting the research, development, implementation, and maintenance of tools and technologies, OTF aims to counteract repressive censorship and surveillance, enabling citizens worldwide to access news and information reliably and exercise their fundamental human rights online.
In simpler terms, the Open Technology Fund works tirelessly to promote internet freedom on a global scale. It achieves this by backing projects that develop and implement secure and uncensored access technologies, empowering individuals around the world to access crucial information and safeguard their online liberties.
Furthermore, the Technology at Scale Fund, a program under OTF, concentrates on the large-scale circumvention and secure communication technology requirements of journalism networks. This fund seeks innovative solutions that help deliver content to audiences in information-restricted environments while protecting journalists and their sources. Additionally, it ensures that technologies used by millions of users remain secure and effective.
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Impact
October, 2024
The Open Technology Fund (OTF) plays a crucial role in advancing global internet freedom by counteracting censorship and surveillance. It supports the research and development of innovative tools and technologies that empower individuals worldwide to access news and information freely. By focusing on secure communication technologies, OTF helps journalists and their networks operate safely in restrictive environments. This not only facilitates reliable information dissemination but also protects the integrity and safety of journalists and their sources.
OTF's initiatives ensure that millions of users can remain connected without fear of surveillance or censorship, thereby reinforcing fundamental human rights online. The Technology at Scale Fund specifically targets large-scale solutions that meet the needs of journalism networks, promoting secure avenues for content delivery. This holistic approach not only enhances journalistic integrity but also fosters a more informed global citizenry, ultimately enhancing democratic participation and social accountability.
This information is meant to be a general summary of Open Technology 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $2,348
- Gross Receipts: $19,301,273
Assets and Liabilities:
- Total Assets: $19,542,399
- Total Liabilities: $19,537,019
- Net Assets: $5,380
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Organization Details
Founding Year
2019
Phone
(202) 983-0471Principal Officer
Laura Cunningham
Main Address
1015 7TH ST NW 300, WASHINGTON, DC, 20001
Website
www.opentech.fundNTEE Category
Code: A05 - Arts
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