EIN 85-4329649

The Sia Foundation

IRS 501(c) type
501(c)(3)
Num. employees
7
Year formed
2020
Most recent tax filings
2022-12-01
Description
The Sia Foundation serves as the ideal steward of the Sia storage network, disrupting cloud storage by enabling peers to buy and sell cloud storage directly in a global marketplace. It strengthens the Sia protocol through research and development by funding developers and other protocol needs, with a mission to be financially stable, politically neutral, and technologically capable.
Total revenues
$2,052,332
2022
Total expenses
$2,308,103
2022
Total assets
$28,791,779
2022
Num. employees
7
2022

Program areas at The Sia Foundation

Protocol - The Sia Foundation exists to strengthen the Sia protocol through research and development by funding developers and other protocol needs.
Community - Program dedicated to education and outreach to educate people on Sia, our mission of user-owned data, and the importance of decentralized cloud storage.
Grants Program - Program dedicated to funding research, development, developer tools, and anything else that will support and further our mission of user-owned data.

Grants made by The Sia Foundation

GranteeGrant descriptionAmount
Massachusetts Institute of Technology (MIT)Sponsorship of Two Educational Events$13,000

Personnel at The Sia Foundation

NameTitleCompensation
Luke ChampinePresident$191,698
Frances LuOperations Director$146,740
Eddie WangChairman and Secretary$0

Financials for The Sia Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$10,751,353
Program services$0
Investment income and dividends$382
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-8,699,403
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$2,052,332

Form 990s for The Sia Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-13990View PDF
2021-122022-11-14990View PDF

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Data update history
January 24, 2024
Updated personnel
Identified 1 new personnel
January 23, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 3, 2024
Used new vendors
Identified 2 new vendors, including , and
July 18, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 3, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Business and community development organizationsResearch centersCharities
Issues
Science and technology
Characteristics
Conducts researchOperates internationallyTax deductible donationsAccepts online donations
General information
Address
75 N Main St 6016
Randolph, MA 02368
Metro area
Boston-Cambridge-Newton, MA-NH
County
Norfolk County, MA
Website URL
sia.tech/ 
Phone
(781) 805-3482
IRS details
EIN
85-4329649
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2020
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
U40: Engineering and Technology Research, Services
NAICS code, primary
5112: Software Publishers
Parent/child status
Independent
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