Overview
What is The Digital Dollar Project Inc?
The Digital Dollar Project Inc, based in Annandale, Virginia, is a nonprofit organization that spearheads the exploration of a US Central Bank Digital Currency (CBDC) through a pilot program. This project, a collaboration between Accenture and the Digital Dollar Foundation, aims to foster research, public discussion, and private sector engagement on the potential benefits of a digital dollar. Renowned industry experts and blockchain advocates serve on its board, guiding the initiative to convene thought leaders, propose models, and measure the value of establishing a digital currency. The project views the infrastructure underpinning the US dollar as a critical public good and believes upgrading it can provide enhanced flexibility, optionality, stability, and prosperity for current and future generations. The results of this experiment will be published for consideration by policy-makers, academics, researchers, and the general public.
Official website here: www.digitaldollarproject.org/
Is The Digital Dollar Project Inc legitimate?
The Digital Dollar Project Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Digital Dollar Project Inc 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: $490,697
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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Official website here: www.digitaldollarproject.org/
What is the mission statement of The Digital Dollar Project Inc?
The Digital Dollar Project Inc's mission is centered around fostering research and public discourse regarding the potential benefits of a United States Central Bank Digital Currency (CBDC). The organization aims to convene private sector thought leaders and actors, proposing potential models to support the public sector. They conduct programs with interested stakeholders to assess the value of a digital dollar and establish practical steps towards its establishment. The project views the infrastructure underlying the US dollar as a critically important public good and believes upgrading this infrastructure will provide future generations with enhanced flexibility, optionality, stability, and prosperity.
Official website here: www.digitaldollarproject.org/
Who is the CEO of The Digital Dollar Project Inc?
Jennifer B Lassiter is the Executive Director of The Digital Dollar Project Inc.
Official website here: www.digitaldollarproject.org/
What is the revenue of The Digital Dollar Project Inc?
The Digital Dollar Project Inc's revenue in 2022 was $616,610.
Official website here: www.digitaldollarproject.org/
Who are the executives of The Digital Dollar Project Inc and what are their salaries?
There is 1 key member and their salary:
- Compensation: $410,556
- Related: $0
- Other: $0
Official website here: www.digitaldollarproject.org/
Where can I find the form 990 for The Digital Dollar Project Inc?
The Digital Dollar Project Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.digitaldollarproject.org/
Learn more at the official website: www.digitaldollarproject.org/
Mission Statement of The Digital Dollar Project Inc
The Digital Dollar Project, a collaborative initiative between Accenture and the Digital Dollar Foundation, aims to stimulate exploration and open dialogue surrounding the potential benefits of a United States central bank digital currency (CBDC). Their mission is twofold: firstly, they convene influential private sector thought leaders and actors to delve into the potential advantages of a digital dollar. Secondly, they propose potential models that could support the public sector in this endeavor. The project engages in organized programs with interested stakeholders to evaluate the value of a digital dollar and establish practical steps for its establishment. The Digital Dollar Project views the infrastructure underlying the US dollar as a critically important public good, and they believe that upgrading this infrastructure will provide future generations with enhanced flexibility, optionality, stability, and prosperity.
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Impact
July, 2024
The Digital Dollar Project Inc, in partnership with Accenture and The Digital Dollar Foundation, is actively advancing the exploration of a United States Central Bank Digital Currency (CBDC). Through organizing US CBDC experimentation via pilot programs, the project aims to publish results and share open data for consideration by policymakers, academics, the Federal Reserve System, and the general public. The project's focus on encouraging research, public discussion, and proposing possible models for a digital dollar underscores its commitment to enhancing the infrastructure underpinning the US dollar for current and future generations. This initiative holds significant potential to drive innovation, foster stability, and support prosperity within the digital economy.
This information is meant to be a general summary of The Digital Dollar Project Inc. 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: $110
- Gross Receipts: $616,610
Assets and Liabilities:
- Total Assets: $373,218
- Total Liabilities: $29,143
- Net Assets: $344,075
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Organization Details
Founding Year
2021
Phone
(571) 337-5387Principal Officer
Jennifer B Lassiter
Main Address
3610 TERRACE DRIVE, ANNANDALE, VA, 22003
NTEE Category
Code: U05 - Science research
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