Pineapple Fund
Philanthropic project
The Pineapple Fund was a philanthropic project by an anonymous individual which gave away 5,057 bitcoins to 60 charities. The amount was valued at $86 million in December 2017.[3][4][5][6] Some of the themes supported were medical research, environmental conservation, human rights and psychedelic therapy.
Established | December 2017 |
---|---|
Founder | Anonymous / “Pine” |
Type | Charitable fund |
Budget | 5,057 bitcoins |
Disbursements | $55 million[1][2] |
Website | https://pineapplefund.org/ |
The Pineapple Fund was announced with a post on Reddit on December 14, 2017. The individual used the pseudonym “Pine”, and explained that “My aims, goals, and motivations in life have nothing to do with … being the mega rich. So I’m doing something else: donating the majority of my bitcoins to charitable causes”.[7] The individual behind the fund has remained pseudonymous.[citation needed]
An application form was made available on the website, open to all charities around the world. Speaking to the magazine Philanthropy, the founder said that more than 10,000 applications were received.[8]
After five months, a total of 5,104 bitcoins had been donated and liquidated for a value of $55 million after exchange rate volatility.[9]
- The fund’s first donation was $1 million to Watsi, a charity for crowdfunding healthcare.[10]
- The fund donated a total of $3 million to SENS Research Foundation[11][12][13] and Methuselah Foundation for development of rejuvenation therapies based on periodic repair of the cell and tissue damage that causes aging.[14]
- The fund made its three largest donations of $5 million each to GiveDirectly,[15] The Open Medicine Foundation,[16] and to MAPS.[17]
- The fund donated $2 million to the Organ Preservation Alliance.[14]
- The fund has also donated $1 million or more to organizations such as BitGive Foundation,[18] OpenStreetMap,[19] Internet Archive,[20] and the Sustainable Ocean Alliance.[21]
- The fund donated 88.34 Bitcoin (BTC) to The Apache Software Foundation, valued at $1M at the time of the donation.[22]
-
Roose, Kevin (27 December 2017). “Some Things About Tech Were Good in 2017. No, Really”. The New York Times – via NYTimes.com.
-
“Pineapple Fund”. pineapplefund.org. Archived from the original on 2020-01-08. Retrieved 2018-01-10.
-
“Bitcoin philanthropist sets up $85M investment fund to support charities”. The Next Web. 14 December 2017.
-
Guo, Eileen (17 December 2017). “Can the $86 Million “Pineapple Fund” Save the Soul of Bitcoin?”. Inverse.
-
Murphy, David (17 December 2017). “‘Pineapple Fund’ Giving Away $86 Million in Bitcoins to Charity”. PC Magazine.
-
Schroeder, Stan. “Bitcoin tycoon promises to give away $86 million worth of bitcoins to charity”. Mashable. Retrieved 2018-01-10.
-
Lindsay, Drew. “‘It Just Felt Like a Miracle’: Small Groups Win Big in Bitcoin Donor’s $56 Million Giving Spree”. Philanthropy. Retrieved 21 September 2018.
-
Tahir, Habiba. “$55 Million: Pineapple Fund Bids Farewell after Making Final Anonymous Donation”. Yahoo Finance. CCN. Retrieved 21 September 2018.
-
PineappleFund (2017-12-13). “I’m donating 5057 BTC to charitable causes! Introducing The Pineapple Fund”. r/Bitcoin. Retrieved 2023-12-12.
-
“The Pineapple Fund Donates Millions to the Organ Preservation Alliance and Methuselah Foundation”. Fight Aging!. 2021-03-29.
-
“Pineapple Fund increases donation to $5 million”. 2 February 2018.
-
“PRESS RELEASE: Pineapple Fund Offers $4 Million Matching Grant to MAPS”. MAPS. Retrieved 2018-01-10.
-
Busby, Mattha (2017-12-24). “Pineapple Fund: why is an anonymous bitcoin millionaire giving away $86m?”. The Guardian. ISSN 0261-3077. Retrieved 2018-01-10.
-
“Internet Archive gets $1 million Bitcoin donation from philanthropic Pineapple Fund”. VentureBeat. 2017-12-27. Retrieved 2020-07-30.
-
Coldewey, Devin (14 February 2018). “Pineapple Fund drops $1M on the Sustainable Ocean Alliance and its new accelerator”. techcrunch.com. United States of America: TechCrunch. Retrieved 14 February 2018.
-
Sally (2018-01-18). “The Apache® Software Foundation Receives Bitcoin Donation from Pineapple Fund Valued at $1M”. The Apache Software Foundation Blog. Retrieved 2025-03-18.
- Official website at the Wayback Machine (archived 2020-01-08)
Source: Wikipedia. License: CC BY-SA 4.0. Changes may have been made. See authors on source page history.
Terkait
Eksplorasi konten lain dari Tinta Emas
Berlangganan untuk dapatkan pos terbaru lewat email.