Modern Infrastructure for Giving:

Today's institutions are also tech companies, with the expertise and resources to build holistic financial management platforms.

Endaoment for Institutions makes our technology and services available to those looking to go beyond traditional white labeling options and arrive at a giving solution that is truly built for their use case.

We’ve taken our entire customer experience and made it programmatically accessible. Leverage any or all of the following:

• API or white label DAF account creation and management tools

• Customizable control over user experience and feature implementation

• Charitable giving workflows without platform switching

• Smart contract subledgering and bookeeping that reduces audit and overhead costs

• Support for alternative asset classes and automated liquidation schedules

• Support for mission-related, alternative and private investment of DAF assets

Institutions no longer have to choose. Embed donations across any asset class, leverage mission-aligned or illiquid investments, manage DAF assets in-house, provide international grant making and more directly within existing tools.

Wide-Reaching Launch Partners:

We’ve been working behind the scenes to court a range of referral and integration partners to kick off what’s possible with Endaoment for Institutions.

Today, we’re thrilled to share several firms from across the industry that we’ve been working closely with:

• BNY Pershing - a leading provider of clearing and custody, trading and settlement, advisory and investment solutions, data insights, business consulting and other services to wealth management and institutional firms looking to grow their businesses.

• Ethic - a personalized, values-aligned, and tax-smart investing platform where clients can leverage custom strategies directly inside Endaoment DAFs.

• Ethereum Foundation - a nonprofit organization that supports the Ethereum blockchain and its ecosystem without controlling it.

• Active Cause - a platform for creatives and athletes to work in concert with their fans to make donations across local communities.

• Silver Oak Wealth Advisors - a financial life planning and wealth management fiduciary stepping up to support their next-generation donors

• Core Planning - an RIA firm dedicated to innovation, shared values, and a framework of generosity and support for their clients

These new partners join our existing developer community with integration partners like ResearchHub - a crowdfunding platform for scientific research. More partners are in the works, and we’ll share along the way as we integrate and new functionality is available.

Why institutions are choosing Endaoment:

From the outset, our protocol has utilized stablecoins and smart contracts to deliver significant savings and advantages. We've been building towards institutional adoption for years now—much like the rest of the industry—and we're seeing major providers recognize what we've known all along: programmable money outperforms traditional systems.

Most wealth management professionals are familiar with basic repackaged donor-advised fund options: simple, branded interfaces built on legacy technology stacks that an external software provider hosts. These experiences get the job done by putting a fresh coat of paint on limited and aging account management systems. Endaoment for Institutions is different, we’re modular. Rather than committing to a single pathway, partners can support customers using our consumer application, a white-labeled offering, or a completely embedded solution within existing workstations and asset management platforms.

Get it right, every time.

When you let smart contracts handle the record-keeping and audit variances, operational costs drop dramatically. Our 2022 and 2023 fiscal audits demonstrate the benefits of transitioning from spreadsheets and manual processes to stablecoin-based systems. The transparency and accuracy across our services are beyond what traditional infrastructure can deliver.

It is evident at Endaoment that onchain systems are the future of financial services. Endaoment for Institutions is our attempt to build a bridge for both legacy and startup providers to upgrade their giving tools to meet this new paradigm. We’re grateful for the support of our incredible launch partners, and can’t wait to bring more into the fold.

Ready to learn more? Know someone we should meet? Contact us.

Read the full technical documentation and API details here.

Interested in bringing modern philanthropic infrastructure into your platform? Reach out directly to our partnerships team.

When we spun up our first five validators in mid-2023, we weren’t just securing Ethereum—we were building a self-funding engine for our nonprofit. Every gwei of yield we earn goes right back into powering Endaoment’s mission. Pectra—the 16th Ethereum network upgrade, that went live on May 7, 2025—takes that vision to the next level and unlocks new functionality for validator operators and Ethereum users alike. Let’s dive in!

Pectra in a Nutshell

Pectra marries the Prague execution-layer hard fork with the Electra consensus-layer upgrade. It’s Ethereum’s biggest upgrade since Dencun and brings 11 EIPs. But for anyone running validators, the headline feature is:

• EIP-7251: max effective balance jumps from 32 ETH → 2,048 ETH, so each node can carry 64× more stake, unlocking compounding rewards for validator operators, and reducing operational overhead for both validator operators and Ethereum generally.

What This Means for Us

A Lean Validator Fleet
Fewer validators = smaller activation/exit queues, less monitoring of different validators, [potential] lower client-diversity risk, and perhaps most importantly, lowering overall overhead for the Ethereum blockchain. Any time that consensus needs to be reached, that is determined by ETH balance. If each validator can have 64x as much ETH as before, fewer validators will be needed to achieve consensus but represent the same share of ETH.

Automatic Compounding
Switching to 0x02 withdrawal credentials allows rewards to auto-restake, compounding rewards and extending Endaoment’s runway as a result.

Supercharging Ethereum’s L1 Scalability

Pectra isn’t only about staking—Ethereum’s L1 is getting turbo-charged for rollups, too. EIP-7691 doubles blob capacity (target blobs per block 3 → 6; max 6 → 9), effectively doubling L2 data throughput and slashing Layer-2 fees and congestion.

Together, bigger validators and expanded blobspace demonstrate that Ethereum is doubling down on both security and scalability.

How We Pectra-fied Our Fleet

Credential Upgrade (0x02)
We converted validator 655226 to 0x02 (compounding) withdrawal credentials.
TX: 0xcf1ab870359978855097664d5b12195ebc255cc68db1e2db639e7414be1ab0e0

Consolidation
We exited one 32 ETH node and topped up the 0x02 validator to absorb its stake.
TX: 0x73f7045b45684a3b749d6d47a8b2d09bf54f7d8bec7cc73124122c26dc92ff6b

Top-Up
We then deposited spare ETH (from 3 other validators that had previously exited, plus some additional ETH) under Pectra’s new 2,048 ETH cap.
TX: 0xb98f1d9f2769e0342f4b794196a9bf8bdd027dc57884263d88361b16889c9101

👉 You can monitor our newly Pectra-fied validator here.

Pectra lets us run bigger, fewer (just 1!), and self-compounding validators while Ethereum doubles down on both L1 and L2 scaling. If you’re validating, now’s the moment to consolidate, compound, and help drive both network security and rollup-centric scalability, just like we did at Endaoment, while also increasing your rewards!

If this is a path you plan to take, a couple of important resources you may want (many are already linked above):

• Information about all Pectra included EIPs

• Taking validator actions using the Launchpad UI

• Pectra Dashboard (also can be used for tracking an individual validator’s consolidation related activity)

• And of course, our updated open source Validator guide

Tweet @_zachbronstein any of your questions or hiccups with navigating Pectra. He’d love to chat!

An Organic Partnership Born from Necessity

ResearchHub approached us with a challenge. Fundraising through their platform is conducted using RSC, but research institutions process grants in dollars and require comprehensive donor due diligence. Tyler Diario, Chief of Staff at ResearchHub, called upon our platform to process the gift into dollars and help assist with the legal due diligence of the grantmaking.

Traditional grantmaking is slow, opaque, and often full of strict regulations on how the funding can be used. In some cases, receiving funds can take up to six months, and they generally can’t be used to cover food costs or other incidental needs for those working in labs. Crypto and ResearchHub are a clear antidote, leveraging their global, traceable, and programmable nature to streamline these problems into solutions.

How It Works

With ResearchHub v2, users can now fund scientific research directly through preregistrations using ResearchCoin (RSC), ResearchHub’s native token.

Our crypto-native, IRS-compliant system receives RSC donations upon the successful close of a project’s fundraise. Endaoment then converts the RSC to USDC stablecoins, and transfers the funds directly to the specific lab or primary investigator at the University. At the same time, donors get tax-deductible receipts for RSC donations to eligible projects, and researchers gain fast access to funding without the bureaucracy. This is only made possible by the fact that Endaoment and ResearchHub’s smart contracts leverage Uniswap and USDC’s permissionless nature, and are kept cheap, fast, and efficient thanks to Base’s L2 architecture.

Real-World Impact

Endaoment and ResearchHub executed an exciting proofs-of-concept to demonstrate how this will generate impact in the real world. We established a new community fund on Endaoment called the ResearchHub Charitable Fund, to distribute grants to qualifying recipient nonprofits where research is being conducted.

One of our first successful distributions for this integration was Jason Tucciarone's research on fentanyl addiction at Stanford University, which successfully raised $25k in RSC funding. Both distributions are visible both onchain and on the Endaoment app by viewing the community fund.

Going forward, any researchers affiliated with a qualified nonprofit will be able to attach details about their lab to their fundraise on ResearchHub. All contributions of more than $500 in RSC token will automatically create a tax receipt for the donor, and completed fundraisers will have their capital distributed via Endaoment directly to the sponsoring nonprofit.

The Power of Preregistration

Preregistration, championed by ResearchHub co-founder Patrick Joyce, forms the cornerstone of their funding model. Primary Investigators on ResearchHub must share their plans early and out loud to attract support, enhancing scientific integrity and enabling community-driven funding.

This openness strengthens the relationship between the donor or funder and the researcher or recipient, no matter where they are in the world. This not only enhances the quality of scientific outcomes but also reinforces our collective commitment to transparency, permissionlessness, and building with integrity.

What's Next

Tax-deductible funding to researchers at qualifying nonprofits is just the beginning. We are actively exploring extending tax-deductible funding to researchers outside universities, too, through possible fiscal sponsorship of ResearchHub.

Currently, funders can determine which projects are eligible for tax-deductible donations by looking for the "tax-deductible" tag on ResearchHub. In the future, we hope to increase the number of participating institutions and even extend support to all independent scientists on ResearchHub.

Thanks to the composability and programmability of the Endaoment ecosystem, we’re building a more progressive future for research funding that democratizes access and accelerates scientific discovery together. Major gratitude to the innovative team at ResearchHub and to everyone who will help advance science through this incredible partnership.

Check out Endaoment’s API.Head to ResearchHub.Get in touch.

Why Audits Matter

As an organization that has raised over $2 million, annual audits are a mandatory requirement for Endaoment. However, we view these audits as more than just a compliance exercise. They represent an opportunity to foster trust among our stakeholders and demonstrate our dedication to transparency in all aspects of our operations.

Preparing for the audits involved educating the auditors from SingerLewak about our onchain administration of donor-advised funds. This process allowed us to showcase the robustness and reliability of our onchain financial practices.

The Power of Onchain Accounting

The audit process highlighted the transformative potential of blockchain technology in financial reporting. By leveraging onchain accounting, we could provide transaction hashes and Etherscan links as irrefutable proof of transactions. This level of transparency and immutability is unparalleled in traditional accounting systems.

Our controller, facilitated by Zeni and supported by CoinSolv/Hyperion for onchain components, played a crucial role in bridging the gap between traditional and blockchain accounting practices. Their expertise ensured a comprehensive and accurate representation of our financial operations during the audits.

A Testament to Our Growth and Improvements

Conducting the audits for two fiscal years simultaneously allowed us to showcase our growth and improvements in protocol deployment across various blockchain layers. Over the 24-month period, we redeployed the protocol on mainnet and expanded to Optimism and Base L2s, demonstrating our commitment to operational efficiency and scalability.

While our 2021 audit required significant educational efforts and faced technical challenges with our first crypto accounting provider, this time, the auditors from SingerLewak adapted well to the unique aspects of blockchain transactions, with no significant challenges or deficiencies noted. This smooth process reflects both our improved internal processes and the growing understanding of blockchain in the accounting industry.

Setting New Benchmarks in Nonprofit Auditing

This audit is possibly the largest nonprofit audit ever conducted using onchain recordkeeping. This achievement showcases the viability and benefits of blockchain technology in charitable giving.

Across our first three years of audits, two clear patterns have emerged:

1. The persistent knowledge gap in the accounting industry regarding blockchain emphasizes the need for specialized expertise.

2. The transformative potential of blockchain for audits, where the technology itself ensures the integrity and availability of financial data, eliminating the reliance on third-party brokers.

These patterns underscore the importance of Endaoment's role in driving the adoption of blockchain technology in the nonprofit sector and setting new standards for transparency and accountability.

Looking Ahead

The successful completion of these audits not only reaffirms Endaoment's commitment to operational excellence but also positions us as a leader in integrating blockchain technology in philanthropy. We remain dedicated to advancing our platform, enhancing user trust, and pushing the boundaries of what is possible in nonprofit financial management.

The "3Rs" process we implemented after our first audit has strengthened our financial reporting and contributed to a smoother audit experience this time around. We continue to refine our processes based on each audit's insights.

We invite our stakeholders, donors, and the wider community to engage with us, explore our platform, and join us on our journey to transform charitable giving through the power of blockchain technology.

If you have any questions or would like to learn more about our audit process, please reach out to us via Discord, Twitter, or email at partnerships@endaoment.org. We are always eager to share our experiences and insights with our community.

Connect with us on X, Discord, or email us at partnerships@endaoment.org.

Open your own onchain DAF on Endaoment.

As we take a moment to let this sink in, we can't help but feel a little emotional. This milestone belongs to each of you – our amazing donors, trusted advisors, valued partners, and countless nonprofits working tirelessly to make the world a better place. Your trust, commitment, and passion have been the driving force behind this achievement.

Every contribution, no matter the size, has helped create something that didn't exist before: a true community foundation for the internet—lasting, decentralized infrastructure that empowers giving on a global scale.

From the bottom of our hearts, THANK YOU!

But this is just the beginning. While we take a moment to celebrate, we're also looking forward to what's next. With your continued support, we're determined to reach even greater heights as a and make an even more profound difference in the lives of those who need it most.

Here's to more milestones, more impact, and more reasons to celebrate the incredible force for good that we've built together!

Once again, thank you for being an integral part of the Endaoment.org community. Your support means the world to us, and we can't wait to see what we'll achieve together in the years to come.

With deep appreciation,

The Endaoment.org Board of Directors, Staff and Core Contributors

PS. We encourage you to check out our Impact Report for stories of change and progress your generosity has fueled over the past four years. It's a beautiful reminder of why we do what we do and the power of collective giving.

And of course— don't forget to share this exciting news with your friends and loved ones!

xoxo, DAFSquatch

As we approach year-end tax planning, CPAs are seeking effective strategies to help clients reach their philanthropic and financial goals.

One powerful yet underutilized tool for tax-efficient giving is the donor-advised fund (DAF). A DAF is a giving vehicle that allows clients to donate assets—be it crypto, stocks, private equity, RSUs, or other holdings—into a fund for charitable distribution over time.

Clients receive an immediate tax deduction upon contribution but retain the flexibility to advise on the investment decisions within the fund and can also advise on how their donated capital is distributed to nonprofits—either now or in the future. This “donate now, distribute later” approach not only increases the tax benefits but also grants clients the ability to strategically think about the causes that matter most to them.

There’s also an immediate tax benefit to donating highly appreciated assets, like stock or crypto, into a DAF. Nik Fahrer, Director of Blockchain & Digital Assets Practice Leader at Forvis Mazars, shares more.

How can DAFs enhance year-end tax planning for CPAs and their clients?

Every taxpayer’s situation is unique, so consulting a tax professional is recommended for tailoring strategies to your situation. Some year-end strategies to consider discussing with your tax professional include:

• Reducing taxable income: Qualified charitable donations, an itemized deduction, can reduce taxable income dollar for dollar. However, total itemized deductions must exceed the standard deduction for the taxpayer to see the tax benefit.

  • Take, for example, married filing joint taxpayers with $500,000 in adjusted gross income (AGI). The taxpayers also have $10,000 in state and local taxes, and $20,000 in qualified home mortgage interest. Both the state and local taxes plus the qualified home mortgage interest are itemized deductions totaling $30,000, exceeding the standard deduction.

    Before a qualified charitable donation, taxpayers’ taxable income before considering the qualified business income deduction would be $470,000. A qualified charitable donation of $50,000 of appreciated property would generally reduce the taxpayers’ taxable income to $420,000, subject to certain limitations.

• Avoiding capital gains on appreciated property: Appreciated assets such as cryptocurrencies or stock will typically trigger a capital gain if sold or converted, leaving taxpayers with a tax bill to pay. However, if taxpayers instead donate the appreciated property directly to a qualified donor advised fund or qualified charitable organization, they may be able to deduct the entire fair market value of the appreciated asset and avoid triggering a capital gain.

• Consider an example of a taxpayer in the 35% tax bracket donating $20,000 of appreciated stock versus donating post-sale proceeds of $20,000.

  • Donating Post-Sale Proceeds
    Income Tax Deduction: $20,000*
    Income Tax Savings: $3,240**

  • Donating Appreciated Stock
    Income Tax Deduction: $20,000*
    Income Tax Savings: $7,000

  *Assuming $0 cost basis
  **20,000 x 35% less capital gain tax paid of $3,000 less net investment income tax paid of $760.

• Charitable bunching: Charitable bunching is a strategy in which taxpayers bunch together their qualified charitable donations into one year. This strategy usually helps taxpayers exceed the standard deduction. As mentioned in the “reducing taxable income” bullet point, total itemized deductions must exceed the standard deduction for the taxpayer to capture the tax benefit of a qualified charitable donation.

  • For example, a taxpayer considering a charitable donation of $25,000 in year 1 and $15,000 in year 2 may donate $40,000 in year 1 in an effort to exceed the standard deduction in year 1. The standard deduction in 2024 is $14,600 for single taxpayers and $29,200 for married filing joint taxpayers.

What about digital assets? Can I really donate any type of cryptocurrency or NFT?

It depends. Practically speaking, taxpayers will need to work with a donor advised fund administrator or qualified charitable organizations that are willing to accept your cryptocurrency or NFT (cough, cough, for example: Endaoment).

If you can overcome that hurdle, Internal Revenue Code (IRC) section 170(f)(11) generally requires a qualified appraisal for property donations (contributions) in excess of $5,000. Finding a qualified appraiser for cryptocurrencies and NFTs is a unique skillset, so it may be prudent to find a qualified appraiser in advance of the donation. Some examples may include, but are not limited to Charitable Solutions, Stout, or Teknos Associates.

What documentation around charitable giving does a client need to fill out when filing their taxes?

Once again, it depends. The filing requirements usually depend on the amount of the donation.

• For individual taxpayers, generally if the property donation does not exceed:

  • $499

    • Keep in your records a standard non-cash receipt, which generally means a contemporaneous written acknowledgment from the charitable organization when the value exceeds $250.

    • Complete the appropriate section on Schedule A.

  • $4,999

    • Keep in your records a standard non-cash receipt, which generally means a contemporaneous written acknowledgment from the charitable organization when the value exceeds $250.

    • Complete Form 8283 and the appropriate section on Schedule A.

      • Planning note: Generally, a donation above this amount will require a qualified appraisal.

  • $499,999

    • Keep in your records a standard non-cash receipt, which generally means a contemporaneous written acknowledgment from the charitable organization when the value exceeds $250.

    • Complete Form 8283 and the appropriate section on Schedule A.

    • Receive a written qualified appraisal by a qualified appraiser and keep in your records.

  • $500,000 or more

    • Keep in your records a standard non-cash receipt, which generally means a contemporaneous written acknowledgment from the charitable organization when the value exceeds $250.

    • Complete Form 8283 and the appropriate section on Schedule A.

    • Receive a written qualified appraisal by a qualified appraiser and attach to the tax return.

Why should taxpayers consider DAFs in their gifting strategy?

Contributions to a donor advised fund can provide additional flexibility to taxpayers while offering an immediate tax deduction. Typically, taxpayers can donate property such as cryptocurrency, stocks, private business interests, or cash to a donor advised fund and advise on how the assets are distributed to various qualified charitable organizations, potentially at a later date.

While the taxpayer is advising on which qualified charitable organization to support, the assets can potentially grow, making even more money available for the qualified charitable organizations.

The end of 2024 is quickly approaching. What can I do to help my client imminently?

Set up a year-end tax planning call with your clients. Ask questions about their year-to-date tax situation. This could lead to additional tax planning strategy discussions. Whether clients are considering significant charitable donations or planning for long-term legacy, DAFs offer unique flexibility and tax benefits.

Endaoment’s donor-advised fund offers a unique giving experience—aligning values among wealth managers, CPAs, clients, and nonprofits. Clients can invest idle capital in both traditional and digital assets, bringing together risk-on and risk-off options. This flexibility helps to ensure clients can tailor their DAF investments to match both their financial and philanthropic goals.

Forvis Mazars delivers tax, assurance, and accounting advisory services to individuals, public, and private entities of various sizes. Our tax team offers extensive experience and skilled professionals to help align with your objectives.

For people looking to give before the end of 2024, open a DAF with Endaoment—or transfer your existing DAF to us—and give the gift of giving this holiday and tax season. Endaoment does not provide financial or tax advice. Please speak with your tax professional on your specific tax obligation and situation.

About Nik Fahrer

Nik is the leader of the digital asset practice at Forvis Mazars and volunteers his time as a member of the AICPA Digital Asset Tax Task Force. Nik is a frequent contributor of digital asset thought leadership and public speaking opportunities and is a Bloomberg published author. He also provides sophisticated income tax compliance, consulting, and planning services to multistate businesses. As a part of the AICPA Digital Asset Tax Task Force, Nik has been instrumental in advocacy efforts towards digital asset tax guidance.

Nik is a member of the American Institute of CPAs while maintaining active CPA licenses in Colorado, Indiana, and Texas.

He is a graduate of University of Evansville, Indiana, with B.S. degrees in accounting and management information systems.

Over the past year, we’ve seen how the UIP amplifies individual contributions, enables rapid response to emerging crises, and provides sustained support for ongoing challenges.

Let’s explore the ways the UIP is reshaping the charitable giving landscape, making every donation count in ways that traditional models simply can't match.

What is the Universal Impact Pool?

The UIP is a community-driven matching fund that uses quadratic funding (QF) to distribute grants to nonprofits. Unlike traditional models, QF prioritizes the number of contributors over the total amount contributed, fostering a more democratic and equitable allocation of resources, and ensuring even small donations can have a significant impact.

On Endaoment's platform, every gift acts as a vote towards the distribution of matching funds. The UIP operates on a quarterly cycle, granting 25% of its pool every three months to create a continuous stream of giving and impact.

Since its launch last June, the UIP has granted nearly $140,000 to over 500 nonprofits, supporting diverse causes that reflect community priorities. The upcoming round will distribute more than $22,000 to over 90 organizations, further amplifying the impact of recent donations and grants.

Real Impact, Real-Time Response

The UIP swiftly shifts support in response to emerging needs, as demonstrated during the August 2023 Maui wildfires. Donations surged to Maui-based organizations, with the UIP’s quadratic funding model amplifying this response in the following grant round.

For instance, the Hawaii Community Foundation received nine contributions through Endaoment in the immediate aftermath of the fires. This surge in community support triggered an additional $14.9k from the UIP, substantially boosting their capacity to assist in rebuilding efforts.

From supporting education initiatives during back-to-school seasons to bolstering environmental causes around Earth Day, the UIP serves as a barometer of community concerns, and a multiplier of collective action that can quickly mobilize resources to address urgent issues as they arise.

Unlocking Streaming Donations with Nouns

Nouns DAO's 12 ETH funding commitment over 10 years showcases the UIP’s ability to support “streaming donations”– ongoing impact programmatically embedded within communities and protocols.

This collaboration also illustrated how the UIP solves a critical problem in decentralized giving: choosing a single nonprofit or set of nonprofits to support. In many communities, discussions about philanthropic efforts often stall at the decision-making stage, as members struggle to reach a consensus on which causes to fund. This can lead to paralysis and missed opportunities for impact.

The UIP offers a solution by providing a dynamic and equitable platform that reflects the collective priorities of its contributors. By directing funds to the UIP, Nouns has ensured that their contributions will continue to be allocated efficiently and effectively, supporting a wide range of causes, attuned to current needs and community priorities.

We hope to continue empowering communities to support the causes that move them. If you’re interested in learning more, please reach out to partnerships@endaoment.org!

Small Changes, Big Results – Hand in Hand Parenting

Last December, Hand in Hand Parenting made one small change to their website– updating their main donate button to point to their Endaoment donation page. This simple reroute didn’t mention crypto, NFTs, or digital assets, yet it had a profound impact.

Right away, they began to see a steady stream of new donations, each recorded onchain on a their unique Endaoment smart contract. Remarkably, these donations were all cash, processed via credit or debit card, without requiring any crypto knowledge. Just by directing these donors through Endaoment, Hand In Hand has received nearly $20k in additional funding from the UIP.

Fundraising in the Face of Conflict – Crystal Hearts

Another standout example of effective fundraising through the UIP is Crystal Hearts. Dedicated to providing crucial assistance in active war zones, their current focus primarily on delivering aid to frontline areas in Ukraine.

Leveraging our embedded donation frames, which appear as donation buttons when sharing an organization's Endaoment profile on Farcaster, Crystal Hearts creatively engaged the platform's user base and reduced friction in the giving process, maximizing their funding potential from the UIP.

https://twitter.com/IrinaLiakh/status/1763238045556293704

Ripple Effect: Continuing the UIP's Mission

Over the past year, the Universal Impact Pool has leveled the philanthropic playing field. It ensures fairer resource distribution across diverse causes, gives voice to often overlooked communities and issues, and ensures that every contribution counts, regardless of size.

We’re grateful to the Gitcoin and Allo teams for their support and partnership. By combining our onchain donation infrastructure with their quadratic funding models, we created a system that amplifies small donations and offers donors a single endpoint for wide-ranging impact.

As we look forward to another year of the UIP, we encourage you to join in the collective impact. Whether donating directly, voting through your giving activity, or fundraising for your cause, you’ll be contributing to a more equitable and inclusive philanthropic future.

⏰ The UIP’s Q2 distribution round closes June 30! Donate or grant by midnight to boost your favorite nonprofits. Remember, even small gifts can make a big difference.

— Taylor Zork, CPA - CEO of CryptoCFOs

On June 29, 2023, Endaoment and CryptoCFOs released the following to announce a new collaboration to empower crypto advisors with onchain donor-advised funds and other advanced giving solutions.

**BOSTON, MASSACHUSETTS, UNITED STATES, June 19, 2024 /EINPresswire.com/ **-- CryptoCFOs, the premier tax and accounting community for finance professionals in the crypto industry, is excited to announce a groundbreaking partnership with Endaoment, the leading onchain donor-advised fund (DAF) platform. This collaboration aims to bring innovative, tax-efficient charitable giving solutions to the CryptoCFOs community, empowering financial advisors and their clients to maximize their philanthropic impact in the digital asset space.

Founded in 2020, Endaoment has pioneered a donor-advised fund platform designed for the next fifty years of philanthropic giving, leveraging smart contract technology to build a robust and flexible giving protocol. Endaoment accepts a diverse array of both traditional and digital assets, including cryptocurrency, stock, and private equity, and offers a unique fee structure that aligns the incentives of wealth managers, donors, and nonprofits.

"We are thrilled to join forces with CryptoCFOs to bring the power of donor-advised funds to a community of forward-thinking financial advisors and tax professionals," said Robbie Heeger, President & CEO of Endaoment. "As the first and only onchain DAF provider, we understand the unique needs and challenges faced by advisors working in the digital asset space. This partnership will equip them with the knowledge and tools necessary to confidently introduce DAFs to their clients, regardless of portfolio size or preferred asset type."

Through this collaboration, CryptoCFOs and Endaoment will develop tailored educational resources and content specifically for crypto-focused advisors. The goal is to make DAF education accessible, practical, and immediately applicable, enabling advisors to better serve their clients and help them maximize their charitable impact.

Taylor Zork, CPA, CEO of CryptoCFOs, expressed his enthusiasm about the partnership: "This collaboration with Endaoment represents a significant step forward in providing our members with innovative tools to enhance their practice. By combining our expertise, we can offer unparalleled value and support to financial professionals navigating the complexities of Web3."

Endaoment is committed not only to sharing their expertise but also to learning from the CryptoCFOs community. Advisors will provide valuable insights into clients' evolving needs and preferences in charitable giving, helping Endaoment continue to refine its platform and develop new features designed with financial professionals in mind.

The Onchain Giving Summit (OGS), organized by Endaoment, is a virtual event that unites thought leaders for data-driven discussions and workshops. The Summit is designed to equip attendees with valuable insights and resources to prepare for giving season and beyond. Spanning four days (Aug. 13-16), each day targets a specific audience (Opening Day, Donor Day, Nonprofit Day, and Financial Advisor Day). CryptoCFOs is the proud lead partner of Advisor Day, emphasizing the importance of engaging with financial advisors and professionals eager to elevate their expertise in digital assets and charitable giving. RSVP to the summit now.

Together, CryptoCFOs and Endaoment aim to revolutionize charitable giving in the crypto space, making it more accessible, tax-efficient, and impactful for all. This partnership underscores their shared commitment to breaking down barriers and providing cutting-edge solutions for the evolving needs of the Web3 finance community.

About CryptoCFOs: Established in 2021, CryptoCFOs is a leading educational network and support platform for accountants, tax preparers, investors, and crypto industry professionals. The platform empowers members to grow their practices and establish themselves in the fast-paced world of crypto by providing access to CPE (Continuing Professional Education), best practices, mentorship, and a community of experts.

About Endaoment: Founded in 2020, Endaoment is an innovative donor-advised fund platform built entirely onchain. The platform leverages smart contract technology to facilitate flexible and efficient charitable giving, accepting a wide range of assets including cryptocurrency, stock, and private equity. Endaoment's mission is to maximize the philanthropic impact of donors and their advisors through transparency, ease of use, and high-touch customer service.

For more information about CryptoCFOs and its partnership with Endaoment, please visit CryptoCFOs.com and Endaoment.org.

Brandon SantiagoCryptoCFOsbrandon@cryptocfos.comVisit us on social media:XLinkedInInstagramYouTubeOther

Join the premiere Crypto Tax & Accounting Community today!

Collaborative Giving, Simplified

We're committed to making charitable giving more efficient, transparent, and collaborative. That's why we're thrilled to introduce Fund Collaboration.

Here's how it works:

Adding Collaborators

Donors can quickly add collaborators through a friendly interface on their Endaoment fund page.

Making Suggestions

Once added, collaborators can suggest specific actions, such as initiating donations, recommending grants to nonprofits, and in the near future, proposing portfolio allocation changes. Suggestions are queued for the advisor's review and approval.

Whenever a collaborator makes a new recommendation, the fund advisor receives an email notification, ensuring they stay informed about the latest developments in their fund's management.

Empowering Advisors, Elevating Impact

Fund Collaboration is designed to empower DAF advisors to leverage the expertise of their trusted network. By involving financial advisors, philanthropic consultants, or family members, you can gain valuable insights and make more strategic decisions about your charitable giving.

This feature is particularly beneficial for:

• Professional Guidance: Collaborate with your trusted financial advisors or philanthropic consultants to make the right gift, at the right time, every time.

• Family Philanthropy: Engage your family members in your giving strategy, fostering a culture of generosity and social responsibility across generations.

If you’re ready to give collaborative giving a try? Sign into the Endaoment app, visit your fund page and click “Add a Collaborator”.

The Future of Collaborative Giving

We're committed to expanding the capabilities of Fund Collaboration based on your feedback and evolving needs. Soon, expect the ability for collaborators to suggest portfolio allocation changes, allowing your trusted advisors to provide recommendations on optimizing your charitable fund's investment strategy for maximum impact. Further down the line, we aim to enable even more granular control over permissions, and introduce additional tools for seamless communication and decision-making.

If you have thoughts to share, please reach out by email at partnerships@endaoment.org, message us on LinkedIn or Twitter, or join the onchain giving superfans in our Discord community.

Community is always looking for innovative ways to fundraise for the organizations they love. In the spirit of Pride, we're thrilled to showcase a powerful example of collaboration between donors and nonprofits working together for a successful digital fundraising campaign. Dive into the minds of an impact-minded donor and a nonprofit expanding their web3 presence. Get inspired by their methods and keep the love flowing this June by utilizing Endaoment to facilitate these donations.

The Conversation

To be able to create something that also changes the world in a very practical way simply by channeling resources only amplifies the impact of that art. - Jeres

Mad at Art Blocks: Jeres, how did you find out about digital art and Art Blocks?

Jeres: I discovered generative art in 2021 when a friend introduced me to Art Blocks. The concept immediately resonated with me. I was aware of digital and code based art, but the integration of long form generative art into the blockchain really made it click. I studied computer science and art history in college and had worked primarily as a software developer for the decades following, all while channeling my creative energy into music, photography, album art and other random tech experiments. Being able to combine coding and creative expression via generative art quickly became my passion and focus. Long term, my goal was to release a collection on Art Blocks, but first I wanted to experiment so I focused on open platforms to learn the craft and hopefully find my voice as an artist.

Finding Outright International happened along that journey. Just before submitting Torrent to Art Blocks, I released what may be my most vulnerable release to date, Glossolalia, on fxhash. This collection was an emotional piece for me because it represented the clash of my religious upbringing with my coming of age as a queer person. The compositions were abstractions of catharsis amidst repression as well as an embrace of diversity and expression. I wanted to donate a portion from that project to a cause related to the LGBTIQ community and Outright had just been added to fxhash’s list of supported organizations so it was a perfect fit and timing. From there, I became connected to Katie Hultquist from Outright and formed more of a relationship and our connection grew from there.

Mad at Art Blocks: Jeres, share a bit about your project, Torrent, and the charitable component you incorporated to Outright International.

Jeres: Torrent is my first collection on Art Blocks and conceptually explores the nature of truth, memory and experience. It’s an animated piece that re-contextualizes a static composition, playing with the notion that one version of truth or history may not match another. Also that with time one person’s version of truth, memory or experience may itself evolve. This could apply to lived moments or constructions of the past.

Simply, it’s about the fluidity of reality and how our understanding can change with time, data, empathy or some other affecting factor.

To be able to release Torrent with Art Blocks was an honor and a life changing moment for me. Art Blocks values and encourages donations by their artists with all projects and makes it really simple to include that into any collection. Having already been a supporter of Outright International, I was delighted to find that they had a relationship with Art Blocks and that it was so seamlessly connected via Endaoment.

Mad at Art Blocks: Why did you choose Outright and what about their mission speaks to you?

Jeres: I’m pansexual and have a fluid relationship with gender so Outright International was an organization that I could immediately connect with. I’m grateful for the LGBTIQ community that I have and for the many rights that have been won for folks where I live, even though some of those are under attack. Outright continues to push here in the US, but also puts so much work into bettering lives and establishing rights for queer folks around the world where it may be illegal to to merely exist or there is some other threat, violent or otherwise, simply because of who they are.

People should have the right to love and live in a way that is natural to them without fear or punishment. The fight may never end but pushing forward is all we can do and I’m honored that I can help Outright with that in any capacity.

To be able to create art and have part of that go to the betterment of people’s lives delights me. I hope collectors feel that when they buy art that gives back as well. Whenever I collect on Art Blocks, I’m always excited to see where the artist has chosen to give. Sometimes it’s building schools or donating to research but it could be any number of causes. It’s inspiring to see how many areas have been touched by the art on Art Blocks.

Mad at Art Blocks: What advice do you have for other artists wanting to give to nonprofits through their art?

Jeres: Art is meant to change the world. It’s not meant to be passive. It’s meant to have an impact on some emotional, intellectual, political or spiritual level. To be able to create something that also changes the world in a very practical way simply by channeling resources only amplifies the impact of that art.

Sometimes it is impossible for artists to give because they have to make ends meet, and that’s fine, but when there is an opportunity to share it can be enormously rewarding to do so. Just knowing that somehow, somewhere, someone might have a better life because Outright was able to fight for them, makes each piece in the collection a little more special to me.

Ultimately, just do what you can. I think that applies to any sort of giving. We all know what we can or can’t do. Find something that you care about or think about something that you take for granted that others don’t have. The more you are personally invested in where you decide to donate only makes it more meaningful.

Katie, Outright International: How did Art Blocks decide to incorporate charitable giving into the community process? How do you encourage artists to give to orgs like ours, or support the ones that want to but don’t know where to donate?

Mad, Art Blocks: Charitable giving has been part of our ecosystem since the beginning. When the platform started, the tremendous influx of money felt overwhelming, so channeling funds toward charity helped bring a sense of responsibility and purpose. Encouraging donations helps maintain our community's integrity, and facilitating charitable giving has been integrated into the Art Blocks platform. In the creator dashboard, artists can directly link a charity's wallet, ensuring funds go directly to their chosen organization as mints are purchased. We provide resources and guidance, including a list of crypto-friendly charities and instructions on how to donate through platforms like Endaoment.org.

We encourage artists to give back to causes that personally resonate with them, and we’ve seen donations go to a range of organizations from human rights organizations like Outright to environmental initiatives like The Ocean Cleanup to open-source coding libraries like Processing Foundation. We offer personalized support through our community channels and by hosting educational events where artists and nonprofits share their experiences, further inspiring charitable contributions.

Even though the NFT market has shifted over the past few years, a culture of giving has remained, and our community has donated more than $45 million to various causes. This remarkable impact demonstrates the incredible potential for positive change within the generative art and blockchain space.

Mad: Katie, you and the Outright International team have taken a deep dive into web3. Can you share a bit about your experience working with crypto donors and NFT artists and any advice you have for other nonprofits looking to dip their toe in?

Katie from Outright International: Outright International was founded in 1990 to protect and advance the human rights of lesbian, bisexual, transgender, intersex, and queer people around the world, especially in places where our communities face extreme persecution, discrimination, and where our movement is under-resourced. Our longterm vision is to radically accelerate social and legal change to improve the lives of LGBTIQ people everywhere.

To achieve this vision, we need more allies across the globe to invest in this work. So in 2021, we began to explore how to work with current supporters who wanted to do charitable giving through crypto and how we could invite others in the web3 space to join us. We quickly identified Robbie, Zach, and the team at Endaoment as kindred spirits who shared our optimism and wanted to help us connect with artists, founders, collectors, and other donors who are interested in social impact and supporting the LGBTIQ community. Endaoment made it easy for us to understand the web3 space, tell our story, and build relationships with people, companies, and communities that share our values and want to help.

Over the past 2.5 years we’ve received tens of thousands of dollars of new funding from platforms like Art Blocks and artists like Jeres. I think what is so special about this partnership is Art Blocks’ own commitment and encouraging/empowering artists to give back since its inception, and developing a true friendship with Jeres, who is both an incredibly talented artist and a kind and generous person. We are incredibly grateful to them and to everyone who has supported Outright through Endaoment and other web3 platforms.

What we’ve learned as a nonprofit in the web3 space is that it’s critical to spend time building relationships with partners whose vision and values are aligned with your mission and to show a genuine interest in finding areas for mutual collaboration and support. I think it’s important to stay present even in the slow or tough times and to be consistent about your messaging and what you can do and offer. Finally, both nonprofits and our partners should nurture and celebrate each other’s successes - lifting each other up will ultimately help all of us.

What’s been most rewarding about our experience in web3 so far is developing warm, strong, and mutually beneficial relationships with our partners and witnessing the impact of their contributions. Two great examples of this impact are our LBQ Connect program, which supports the work of LBQ activists in the Global South and East, and our Ukraine LGBTIQ Emergency Fund, which has distributed over $3.5M to local partners supporting queer people suffering because of the war. Both of these initiatives were significantly fueled by donations from web3 supporters. I am excited to see how we can continue creating innovative new collaborations with Endaoment and with other artists, communities, and donors in the web3 space to improve the lives of LGBTIQ people around the world.

CTAs/How You Can Help:

• Join our Outright Proud “Family Pride” campaign this Pride month to celebrate the diversity of queer and chosen families worldwide.

• Follow @OutrightIntl on Twitter, Facebook, Instagram, LinkedIn, YouTube and share our work.

• Sign up for our newsletter to stay up to date.

• Donate to Outright through Endaoment, platforms like Art Blocks or fxhash that encourage and enable artists to give to causes they care about, or here.

• My DMs and email (khultquist@outrightinternational.org) are always open for conversations about future collaborations and partnership.

• Step up in your own community as an ally. Hold your elected officials accountable and support your local orgs and mutual aid efforts to help queer people.

• Pay attention to what’s going on across borders and sound the alarm about human rights violations as well as progress. Get involved with and follow Outright and other global organizations.

• Check on your queer friends who may be under attack right now. Let them know you love and support them and that you will fight for them.

Tailored Investing Made Easy

We're excited to announce a new feature that gives you more control over how your donated funds are invested and distributed. With Target Allocations, you can quickly specify the ideal mix of portfolio allocations within your donor-advised fund (DAF) to align with your philanthropic goals and preferences.

Whether you want to allocate more towards impact investments, or balance your fund with a mix of traditional and crypto assets, the choice is yours.

You can set up to five target allocations for your fund, with each allocation requiring a minimum of 5% of your total fund value. If the total of your allocations is less than 100%, the remainder is automatically considered grantable, ready to be donated to the causes you care about.

Flexible Control at Your Fingertips

We've designed the Target Allocations feature to be intuitive and user-friendly. You'll find a dedicated "Target Allocation" section on your fund page, complete with clear graphical representations of your current allocations.

You have the flexibility to change your target allocations at any time, allowing you to adapt to market conditions or shifts in your giving priorities. Whether you're setting up allocations for the first time or fine-tuning your existing strategy, the process is streamlined and straightforward.

Seamless Integration with Your Giving Workflow

Target Allocations integrate seamlessly into your donation process. When making a contribution to your fund, you'll have the option to automatically distribute it according to your set allocations. This ensures your giving strategy remains consistent and aligned with your intentions, without requiring extra steps.

Our system intelligently determines when to present this option, taking into account factors such as the donation size and your existing allocations to manage your contributions efficiently and effectively.

Keeping Your DAF in Balance

As you make contributions and grants from your fund, your actual portfolio allocations may drift away from your set targets. To keep your fund aligned with your desired distribution, you can easily rebalance your holdings with a single click.

On your fund page, you'll see a "Balance Positions" button next to your current allocations. Clicking this button initiates a rebalancing transaction, which adjusts your fund's assets to match your target allocations.

To ensure rebalancing transactions are impactful and efficient, certain criteria must be met. For traditional portfolios, a minimum movement of $500 is required, while for all other portfolios, the minimum movement is set at $100. Additionally, the offset from the target allocation must be at least 5%.

These thresholds strike a balance between maintaining your desired allocations and minimizing unnecessary transactions. By setting a higher minimum for traditional portfolios, we account for the associated transaction costs and ensure that rebalancing is cost-effective.

While the current implementation allows you to initiate rebalancing transactions yourself, giving you hands-on control, we're already working on automating this process. This will provide a seamless, hands-off experience while ensuring your fund always aligns with your specified distribution ratios.

Empowering Your Philanthropic Journey

Our mission is to empower you to make the most of your charitable giving. The introduction of Target Allocations is a significant step towards providing you with the tools and flexibility to personalize your giving strategy and maximize your impact.

We believe that by offering features on par with leading traditional DAF providers, combined with the unique advantages of blockchain technology, we can revolutionize the way people approach philanthropy. Target Allocations bring us closer to that vision, giving you even more control in managing your charitable assets.

We're excited for you to start using Target Allocations and experience the benefits firsthand. As always, we value your feedback and suggestions as we continue to enhance the Endaoment platform.

If you have any questions or need assistance setting up your target allocations, our team is here to help. Reach out to us via Discord, Twitter, or email at partnersh@endaoment.org.

What we did:

Our focus this visit was to drive awareness of Endaoment Donor-Advised Funds (DAFs) & to give demos to important future partners. Robbie and Dae made it to Denver to meet with financial advisors inside and outside the blockchain industry to expand our community.

We specifically participated in events by Edge City, SheFi Summit, Schelling Point, Gitcoin House, ETH Denver and other meetups for Farcaster and LexDAO.

We sponsored an event with our legal pro friends at LexDAO called Giving, Governance, and Glass. The goal was to use the app to support live fundraising for a nonprofit the venue had a strong relationship with. We also coordinated with SporkDAO to host a live fundraise for Vive Wellness, a local organization supporting the migrant crisis in Denver.

https://twitter.com/schellingpoint_/status/1764035073123496264

Our Hypothesis going in:

When prepping for Denver in January we imagined the conference may be a bit quieter due to the bear market. Our focus shifted to focus less on crypto events and more on connecting with Private Wealth offices. As it turns out, the market surged and so many of our frens in the blockchain space attended the conference and invited us to dynamic gatherings.

We received a solid 40 RSVPs for our Vive Wellness fliering fundraiser, and decided to pick up coffee to make the early morning easier on community who could join.

We planned to debut our new character DAFSquatch and WTFisadaf.com , our new nondenominational educational website about donor-advised funds. Our hopes for the site were to peak the interest of our donors about how handy DAFs really are, provide a space for FAQs, and offer resources. More folks can open a DAF than ever before on our app.

https://twitter.com/Crypto_Altruism/status/1763317284079124902

ROI Metrics:

One of our favorite takeaways was how much more people know about Endaoment and what we do… plus they loved our merch! We were reminded that we have a great community and folks really are following our building journey.

We did notice week site traffic, however. We hoping that sharing about the product at these live events will encourage app visits. This was another reminder that immediate conversion is tough at conferences.

Our demos went great, generating new leads in the financial planning space. We got great time with existing partners to fuel new integration opportunities.

What went well:

The Schelling Point Impact Summit/panel was lovely and filled with like-minds. We received quality feedback on our application from an entirely new user pool of financial advisors. We also soft-launched our new friend DAF Squatch, a character we made to help educate community about Donor-Advised Funds.

There was a lot of interest in DAFs, however many people just don’t know about them. It is clear that educating about how they’re tax advantageous and about the dynamism of our DAF is where we should put energy.

https://twitter.com/endaomentdotorg/status/1763275814181749165

What was challenging:

Timing always seems to be a bit tricky, with the conference spanning two weeks we didn’t get to go to everything we wished. Additionally there are so many hyped projects, it was hard to cut through the noise to find new substantive products.

A few folks came to help us flier. We had a lovely time getting quality face time with them. We did not, however, see much donation traffic.

What did we learn:

It is still clear that Denver is very worth it. We meet great new partners and reconnect with old friends. A key learning was that any fundraising activation must be tethered to a point-of-sale to generate donations.

Our work building good relationships and reputation in the space is clearly translating. Our internally produced events tend to thrive and get more of our people in the room with us, too.

People adored DAF Squatch, and many folks are eager to learn more about supportive finanical tools like our donor-advised funds.

Connect with us on Twitter, LinkedIn, or email us at partnerships@endaoment.org.

Open your own onchain DAF on Endaoment.

Financial Audits + Cryptocurrency + Nonprofit = Transparent Proof of Management

A Testament to Blockchain's Clarity

As a California-based nonprofit surpassing the $2 million mark in donations during our first full year of operations (FY2021), we embarked on a mandated third-party financial audit—a journey both challenging and illuminating. This process wasn't just a regulatory fulfillment for California; it was an opportunity to delve deep into the transparency and intricacy of blockchain technology, which played a pivotal role in our audit's success. The inherent openness of blockchain significantly eased the verification process, allowing auditors to confirm the authenticity of our data directly.

Educational Endeavors and Technological Trials

The audit unfolded over an extended period of time, primarily due to the educational efforts we had to invest in. Introducing our auditors to the nuanced world of cryptocurrency and our organization's specific ecosystem was no small feat. The concept of smart contracts that could take action without direct action from an Endaoment employee, in particular, required considerable explanation. Our complex ecosystem, powered by well over 1,000 smart contracts, demanded not just familiarity with crypto accounting but a deep understanding of these contracts' operational dynamics.

Our journey through the audit saw us collaborating with two different crypto accounting specialists on top of our work with Pilot, who provide controller and bookkeeping services for our fiat books. The first crypto accounting software provider faced challenges in adapting their methodologies to our comprehensive smart contract framework.  The second, Hyperion, was particularly well suited to meet our needs; not only was Hyperion a better platform and product, they grew along with us on this journey. This switch underscored the unique challenges presented by crypto and blockchain technologies in traditional financial auditing.

Internal Refinements and the Introduction of the '3Rs' Process

The audit was not just a means to satisfy external compliance; it was a mirror reflecting the areas within our organization that could benefit from refinement. The audit findings have prompted a thorough reevaluation of our internal operations and financial checks. Among the changes we're implementing is the establishment of a 3Rs process, where R stands for “review”. This initiative aims to enhance our financial reporting's clarity and auditability, streamlining the approval of monthly financials and journal entries, as well as de-risking future external audits, which we plan to complete on an annual cadence. It's a step forward in solidifying our commitment to transparency and accountability, ensuring our operations align with both our mission as well as  regulatory expectations.

Forward Together: Leveraging Technology for Transparency

This audit, while challenging, has been a transformative experience for our nonprofit. It has not only reinforced the importance of transparency in our operations but has also demonstrated the potential of blockchain technology as a tool for enhancing accountability. As we move forward, the lessons learned and the changes implemented will undoubtedly strengthen our foundation, allowing us to navigate the complexities of nonprofit finance with confidence. Our journey through this audit is a testament to our commitment to leveraging innovative technologies like blockchain to foster a culture of transparency and trust, setting a new standard for financial accountability in the nonprofit sector.

Connect with us on Twitter, LinkedIn, or email us at partnerships@endaoment.org.

Open your own onchain DAF on Endaoment.

Donor-advised funds (DAFs) at Endaoment will now have 15 board-approved choices for allocating donated capital. We’ve also launched new functionality around portfolio categories that’s made browsing portfolios easier than ever.

You’ll notice these improvements right away: categories on the portfolios page quickly and easily navigate you to the offerings that meet your diverse needs and risk appetites.

Keep in mind: these traditional investments are different from our onchain native investments. They take some time to settle with our exchange partners, and any funds deposited into these portfolios will have a settlement time, likely one to two business days. We’re working to lower this through programmatic applications and better back office processes, and expect enhanced expediency down the road.

In spite of the old-school settlement restrictions, this feature set represents an industry-leading level of oversight for DAF advisors. It’s all part of our mission to make Endaoment the best home for giving, regardless of the onchain or offchain nature of donations.

Onchain Giving = Better Giving

Our goal at Endaoment for this year is to make our DAF platform meet and exceed mainstream giving platforms when it comes to feature set and services offered. We are here to show that giving onchain is the best way to future proof your DAF.

We took a major step in that direction last fall, before we ever stepped foot into the new year, with the launch of Endaoment for Everyone at the beginning of Giving Season 2023.

Endaoment for Everyone took us from a DAF provider that was only available to those with digital wallets and Ethereum based assets, to one that supports donors with any asset and any login; we now support seamless donations of traditional stocks, cash and more with Web2 native login features.

After all, the vast majority of those in the crypto community hold diverse investments, and only a portion in crypto: why should they have to fracture their giving between onchain and offchain providers?

Agnostic donation acceptance is only part of the equation. We knew we must also offer users familiar sufficiently diversified investment options for donated capital - both to attract existing DAF users as well as continue to fulfill our regulatory obligations surrounding prudent management. Enter our new traditional asset portfolios.

The Road Ahead

This new infrastructure is also of note, as it allows for DAF advisors to invest donations across multiple chains, creating access to opportunities that may otherwise not be available on the chain their DAF is deployed.

This is not only a major improvement for our support of traditional assets, but extends possible investment options in the crypto landscape as well. We’re looking forward to utilizing this new tooling to allow us to do more asset investments across a wider range of investments.

We can now support a wide range of non-EVM assets, bespoke impact investments from onchain providers, and even private wealth manager asset allocations for advisors who want their DAF assets managed by their existing financial professional.

If this interests you, or if you have a DAF at a TradFi institution, we’d love to have you aboard. Feel free to contact our donor relations team at donors@endaoment.org, or join us in our Discord server.

This tax season, that changes for the better.

Over the past few months, in partnership with CoinTracker, we’ve been working on automatic donation deduction tracking for every gift into the Endaoment protocol.

CoinTracker users with linked wallets will now see every transfer into an Endaoment contract address automatically flagged as a donation. It’s magic. It’s effortless. It’s cross-chain, retroactive and protocol-wide. It’s how giving should be.

When we started working on Endaoment, integrations like this were some of the most obvious possible enhancements onchain giving could bring to reality. This kind of auto-accounting is why we choose to build with smart contracts in the first place.

Companies like CoinTracker partner with protocols and companies to help crypto users accurately account for DeFi transactions, staking income, gas fees and more. By leveraging Endaoment’s onchain record keeping, CoinTracker can easily recognize and account for complex donations at massive scale and with auditable, transaction-level accuracy at its core.

Moreover, this provides a seamless link between donors and their tax professionals to close the loop on asset valuations, liquidation amounts, original transaction metadata and other important resources that can cost donors hundreds or thousands of dollars in professional support each year to pull together.

While this doesn’t replace asset appraisal, it makes the process significantly simpler. We’ve been working hard to educate lawmakers and regulators on how and why onchain giving is better giving, and this is the proof in the pudding.

This automation effectively lowers the cost of donating digital assets, making it more lucrative for investors to consider donating and less burdensome to be actively generous. It also makes sure no gift, no matter how small, goes unnoticed when it comes to your bottom line as a donor. Gone are the days where small gifts go without counting towards deductions. Generosity of any size deserves equal treatment.

Name for us another donation tool or provider that offers donors this level of support. You’ll be hard pressed to find a DAF, let alone a nonprofit that integrates with a tax prep provider in this way.

We’ll continue to obsess over how we can build better donation tools and integrations that support our donors whether on our app or across the onchain ecosystem and are looking forward to more of these kinds of partnerships across the industry.

This kind of tight integration between nonprofit and tax software is an extremely difficult thing to envision in a world of walled-garden finance, but open, public, decentralized and permissionless finance is here, and we do things differently.

Try it for yourself - Open an onchain donor-advised fund on Endaoment.

Connect with us on Twitter, LinkedIn, or Discord, or drop us an email at partnerships@endaoment.org.

Alexis: Taxes are complicated...and crypto taxes even more so. What's one piece of advice you have for people filing this year?

Patrick: You're right, crypto taxes are a complex and ever-changing landscape. Here are some key points to remember:

• Due Diligence is Crucial: Before any crypto transaction, research the tax implications thoroughly. Understand how it might impact your tax return. Many overlook this crucial step, leading to complications later. Also, document your tax positions contemporaneously. This means clearly recording the rationale behind your decisions with dates, references, and supporting evidence. This proactive approach can save you time, headaches, and potential penalties in the event of an audit.

• Accuracy is Paramount: Implement a proper accounting system specifically designed to handle crypto transactions. Due diligence is key when it comes to managing a digital asset accounting system.

• Stay Updated on Regulations: Crypto tax regulations are fluid. Regularly consult with a qualified CPA specializing in crypto to ensure you're compliant with the latest updates.

Alexis: Are there any good tax strategies for people wanting to minimize their tax obligation?

Patrick: While I cannot offer personalized tax advice, I can share some general strategies to consider, with the caveat that consulting a qualified tax professional is crucial for tailoring them to your specific situation:

1. Harvest tax losses: Sell losing investments to offset capital gains and potentially      reduce your tax bill.

2. Hold long-term investments: Capital gains on assets held over a year typically      receive lower tax rates.

3. Charitable giving: Donating to qualified charities can provide tax deductions,      especially for appreciated assets.

4. Business deductions: If self-employed, explore legitimate business expenses that      can be deducted.

Remember, tax laws are complex and constantly evolving. Consulting a qualified tax professional can ensure you're utilizing the most effective and compliant strategies for your unique situation.

Alexis: What are the most common mistakes to avoid when filing taxes, particularly with significant consequences?

Patrick: There are two big mistakes I see people make frequently regarding cost basis tracking and future tax liabilities.

Inaccurate Cost Basis Tracking

Failing to accurately track cost basis can lead to hefty tax penalties. Investors should save trade activity from all exchanges and wallets they've used to ensure accurate tax reporting and minimize potential tax liabilities. Regularly updating cost basis calculations helps avoid compliance issues and minimize taxes. Often, we’ll speak with investors that have not tracked their cost basis for several years or have tracked it incorrectly. Although, we can help you fix this issue at Camuso CPA, it’s important to stay up to date and keep your cost basis calculations as accurate as possible. This will ensure that you avoid compliance issues and minimize your taxes by tracking your tax character, cost basis and fees appropriately.

Do Not Hold Future Tax Liabilities in Crypto

It is important to consider your tax liabilities monthly or quarterly to avoid liquidating/receiving BTC, ETH or another cryptocurrency at a high fair market value only to then have it drop significantly in price before you liquidate the crypto to pay your tax liability. To avoid this, investors should convert at least the amount of their tax liability to USD or a stablecoin immediately upon generating income or capital gains from crypto. This will ensure that they have sufficient funds to cover their tax bill regardless of future price fluctuations.

Connect with Camuso CPA on their website. Connect with Patrick on his LinkedIn, Twitter, or follow his YouTube for more Tax Q&A.

A big thank you to Patrick for sharing these insights and big dose of courage to you during filing season.

Connect with us on Twitter, LinkedIn, or email us at partnerships@endaoment.org.

Open your own onchain DAF on Endaoment.

****Any tax advice included in this communication may not contain a full description of all relevant facts or a complete analysis of all relevant tax issues or authorities.  This communication is solely for the intended recipient’s benefit and may not be relied upon by any other person or entity. ****

An unprecedented shift in wealth is grabbing the attention of the philanthropic sector, sparking discussions and making us brace for a transformative change. This development, known as the "great wealth transfer," is expected to see over $84 trillion in generational wealth transition from baby boomers to Generation X and millennials by 2045.

According to Candid, an estimated $12 trillion of this sum will be directed towards philanthropic causes. Why? This emerging, younger generation of heirs exhibit distinct perspectives on money and power, and they aren’t afraid to take different approaches to risk tolerance, retirement planning, and asset diversification than their parents. This demographic shift signals a transformative era for philanthropy, where new financial ideologies may redefine wealth management and redistribution.

Bank of America’s Private Bank Study of Wealthy Americans found that while 68 percent of older respondents rely on investments in traditional stocks and bonds, 80 percent of younger investors believe alternatives such as private equity, commodities, and real estate are better investments, with 47 percent also investing in cryptocurrency. Younger respondents also reported an aversion to simple charitable check writing and are two to three times more likely to use donor-advised funds (30 percent), charitable trusts (51 percent), or a family foundation (14 percent) than older respondents, suggesting a greater financial sophistication among adult children than their parents recognize.

The generational differences don’t just end with the donated asset type or philanthropic vehicle, but rather extend to the impact this younger donor class is looking to have on the world. This demographic of donor seeks active engagement, aspiring not only to witness the impact of their support but to experience it deeply and personally. They want their philanthropic investments to mirror their values, and are more open to immerse themselves in the causes they care about.

The generational wealth transfer is more than an exchange of assets - it is a change in the mindset and persona of the modern donor. This modern donor is also someone who has grown up embracing technology and approaches the world in a digitally native way.

At Endaoment, we are strategically crafting our services with this monumental wealth transfer in mind. Our strategy is centered on a deep understanding of and alignment with the values that resonate with our donor base. The next generation of donors is in search of innovative and unconventional solutions, and connection. A key aspect of our approach at Endaoment is our ethically-aligned fee structure, which prioritizes the active distribution of funds from our Donor-Advised Funds (DAFs) rather than merely accumulating charitable assets. This emphasis aligns with the proactive ethos of our donors; keep money moving.

While not every Endaoment donor is immersed in the crypto space or fully versed in blockchain technology, our platform's unique feature of providing a publicly accessible "receipt" for each transaction stands out for its transparency. This feature is one example that resonates strongly with our donors and supports their ethos.

While the adoption of new software and platform architecture by traditional institutions isn't a necessity, it is imperative for the entire philanthropic sector to acknowledge and adapt to this generational shift.

Engaging the new generation requires a distinct approach, one that diverges from the ideologies of their parents and grandparents.

There is a growing preference for non-traditional approaches in today's landscape. It is crucial to embrace a spirit of collaboration in the Philanthropic Sector to effectively cater to the needs of the upcoming generation. This approach is key to strategically managing the forthcoming $12 trillion inflow, which will significantly reshape the future of the nonprofit sector as we currently know it.

Connect with us on Twitter, LinkedIn, or email us at partnerships@endaoment.org.

Open your own onchain DAF on Endaoment.

Last week, we were honored to have been selected as a recipient of a significant grant from Optimism’s RPGF3! We were awarded just over 76,000 OP tokens, worth approximately $300k USD at time of announcement.

We must begin by applauding the intentionality, transparency and accessibility of the initiative. RPGF3 was an incredible milestone for retroactive public goods fundraising. Now, as a grantee, we feel it’s our job to maintain those values going forward by providing context, plans and updates on how we are using this new funding.

RPGF3 was designed to incentivize projects that bring meaningful activity and real-world impact onto the Superchain, the suite of low-fee, fast-execution blockchains powered by the OP Stack and the Ethereum Virtual Machine (EVM).

Embracing the Optimistic Vision

Endaoment.org was proud to apply into the RPGF3 grant round, citing our recent launches on two OP Stack chains: Optimism and Base.

Launching on these networks has buoyed our traction and greatly expanded the kinds of users we could welcome. In turn, adopting the Optimistic Vision resulted in more fundraising on Endaoment, and opened the door for completely crypto-agnostic fundraising to be recorded & facilitated onchain.

We saw an entirely new kind of impact happening through Endaoment: retail donations through nonprofit referrals. The usability enhancements we were able to ship as a result of deploying on Layer 2 scaling solutions drove new nonprofit adoption of Endaoment in 4Q23. Organizations are already telling us they see Endaoment as an easier way to take in donations of any kind—not just crypto.

These vital, grassroots institutions for communities around the globe are now driving donors with no crypto experience or assets to Endaoment, while the onchain protocol remains the underlying infrastructure for recording donation activity.

This, we feel, is the future we’ve been clamoring for; a crypto-native application that any user can use simply because it’s more effective and accessible than its traditional predecessor.

The activity being recorded and managed through Base and Optimism is, in our view, one of the principal examples of real-world impact available today. Charitable donations, straight to a wide range of established nonprofits with almost little to no prior crypto fundraising experience. Thousands of onboarded organizations, across 150 countries, are already set up to receive donations via onchain and offchain assets. The OP stack is now home to the largest rolodex of verified, nonprofit, public, and permissionless payment endpoints in the world.

Next Steps

As we reflect on receiving this grant from the OP community, it’s important for us to think big about what these funds enable. We’re committed to use this grant to further fund public goods. We aim to achieve that in two ways:

1. by setting aside half of the OP granted into the Endaoment.org treasury as OP, to be held as a mission-aligned investment at the discretion of the Endaoment.org Board of Directors, and

2. by spending the other half of the grant over the coming months and years to fund specific experiments and development, focused broadly around impact attestations and program accountability in philanthropic giving.

This allocation of capital allows Endaoment.org to lengthen its runway through exposure to OP appreciation, while also enabling the team to fund dedicated work towards advancing public goods infrastructure we’d otherwise not have the bandwidth or capacity to fund.

We’ll share more about what we’ve got in mind for impact attestations as we progress—and we’re encouraged by work we’re seeing from others in the broader OP/Public Goods communities. Our goal is to be additive, strive for standardization across efforts, and look for novel, easy-to-understand use cases for these kinds of attestations for donors & nonprofits alike. We are looking forward to building in public with a broad set of community members who are already motivated to make impact proofs a part of the philanthropic supply chain. If this work interests you, please feel free to reach out to admin@endaoment.org, or join us in Discord to get involved.

We are inspired by—and are immensely grateful for—the results of RPGF3. An enormous thank you to all the badge holders who included us in ballots. We hope to bring pride to your votes and serve as an example of what is possible thanks to RPGF, and look forward to further opportunities as we invest in building critical open source infrastructure for generosity.

(🔴, 🔴)

What we did:

Endaoment became members of the Blockchain Association (BA) earlier this year and we’ve loved learning more about policy work through the community. BA held their Blockchain Policy Summit in Washington D.C., which brought together a dynamic blend of BA member companies and policy leaders. Endaoment was asked to be the philanthropic facilitating partner for their gala, raising funds for the Blockchain Foundation, BA’s 501(c)(3) arm.

Team Representatives in attendance:

• Alexis Miller, Head of Partnerships

• Dae Moyer, Community Development Lead

• Robbie Heeger, President & CEO

• Zach Bronstein, Chief Operating Officer

Hypothesis going in:

We were there to celebrate our impact and interact with member companies and legislators on the Hill. We wanted to learn about current policy conversations that impact the crypto industry, as both traditional and blockchain policymakers attended.

Endaoment is a unique use case for policymakers to be aware of as a nonprofit with an onchain infrastructure and how we use decentralized protocols to convert crypto to fiat.

ROI Metrics:

We made valuable connections with potential partners, and discussed a number of omnipresent industry topics with blockchain builders and skeptics alike. The Summit centered on the following key objectives from Endaoment’s perspective:

Brand and product promotion at the Gala. Being a key partner for the gala brought awareness to Endaoment and allowed us to be active participants. Attendees had information cards placed on their tables, which included info about us and made the donation process simple. The Blockchain Foundation is all about supporting financial literacy and education. It was an excellent opportunity to see the positive impact of blockchain working live, and how easy our donation flow is on mobile.

We were able to establish ourselves as responsible industry leaders rooted in credibility and trustworthiness. Our commitment to compliance naturally makes us a unique use case for blockchain tech. We remain responsible and ethical to not only maintain our status as a 501c3, but also to maintain our value set!

We are industry advocates that highlight blockchain’s positive impact. Amid discussions around illicit finance and "bad actors" in the industry, it was essential for us to showcase how the blockchain industry can be a force for good. It was important for us to rally with other web3 companies to show power in numbers and the real world impact our industry has.

It was invaluable to gain insights into regulators’ perspectives and the pressing need for practical use cases in the industry. A major topic was how to support bespoke liquidations of donated assets in a compliant manner.

Connecting like this early fosters goodwill and understanding between us and regulatory bodies, hopefully paving the way for smoother operations in the future.

A focus on positive Industry Narrative, Learning Opportunities, and new connections. We recognized the importance of countering negative perceptions of the blockchain industry by welcoming nuanced conversation about where we are really at as an industry and how to grow responsibly.

It was noteworthy to see politicians at the event leave with a deeper understanding of the traceability of crypto compared to cash. Some even expressed a preference for criminals to use crypto because it is easier to track (!!!), which reflects an evolving understanding of the technology.

Our Application got a Live Stress Test + Learnings. During the gala dinner, Cleve Mesidor, Executive Director of the Blockchain Foundation, conducted a live ask for donations through Endaoment. Conducting a stress test during this real-world event helped us identify strengths and areas to improve our mobile app. We were able to enhance the mobile user experience and refine our platform for future fundraising events.

https://twitter.com/RobbieHeeger/status/1730036632223449229

What went well:

The Summit proved to be a significant milestone for Endaoment, showcasing the progress we’ve made since our early days in the blockchain space and, as new members of the Blockchain Association.

Enhanced visibility. It was evident that people have been hearing about Endaoment. A conversation with a team member from Polygon Labs revealed that they had come across Endaoment through a matrix highlighting social impact companies in web3.

Immediate recognition and recall of what we do! Unlike previous years, where individuals might vaguely recall our name, people were aware of our name and what we’re up to. Attendees could connect Endaoment with its mission and contributions, signifying substantial growth in our brand awareness.

Reconnected with industry peers and friends from various corners of the industry. We’ve cultivated quality relationships in the crypto community.

There was diverse representation of industries. Exchanges, wallet providers, blockchain platforms, applications, and investors were present alongside policymakers. This mix created a dynamic and multifaceted environment for networking and collaboration.

Blockchain is a Non-Partisan Issue. We saw attendees from all sides of the political spectrum actively seeking to understand and advocate for the crypto industry, boding well for crypto’s future.

What was challenging:

While the Blockchain Policy Summit was full of positive experiences, negative Blockchain Narratives are still prevalent. It was clear that some regulators and congress-people still carried the weight of negative narratives surrounding the crypto industry. The blockchain industry is certainly complex and constantly evolving. Events like these contribute to a more informed and balanced discourse, while bringing us together live to talk about them.

What did we learn:

Participating in the Blockchain Policy Summit was unquestionably worth it. It not only provided valuable learning experiences but also enabled us to create meaningful connections within the blockchain and policy communities.

The summit was an education opportunity for many, invaluable to industry growth and advocacy efforts. Attendees gained substantial insights into all aspects of the blockchain industry, its challenges, its functionality, and its potential.

Many new people learned about Endaoment, and we have clear new outreach targets. Our active involvement in initiatives like the Blockchain Association further underscores our commitment to responsible blockchain solutions.

A favorite article from the event:

https://harrisx.com/2023/11/crypto-investors/

Connect with us on Twitter, LinkedIn, or email us at partnerships@endaoment.org.

Open your own onchain DAF on Endaoment.

The Endaoment Ethereum Staking Guide is officially open source!

This guide has been growing over the last few years. What began as one Endaoment employee's personal quest, transformed into Endaoment spinning up five of its own Ethereum validators. Our guide aims to provide comprehensive instructions on setting up an Ethereum Proof of Stake (PoS) node containing a validator (or validators), maintaining its operations, and managing emergency scenarios effectively. We share these operational protocols in the spirit of open-source collaboration. We aim to contribute to the stability and robustness of the Ethereum network generally. Also, feedback never hurts!

Before getting started let us be clear: we stand on the shoulders of giants. The work of Somer Esat, Coin Cashew, and mentanull.eth (Stake Local) have been instrumental in our ability to produce this guide and run our own set up. Explore more about their work in the resources section below.

All right, let's get to it.

Disclaimer: Client Diversity

Let's get ahead of it here, the guide we're releasing uses a Geth/Prysm set up. This is not ideal for enhancing client diversity. As of the time of writing, Prysm makes up over 40% of all Consensus Clients while Geth makes up over 80% of Execution Clients according to clientdiversity.org. This can potentially pose a major problem for network security and viability, specifically if something were to go wrong with the Geth client. While Endaoment remains concerned about client diversity, currently there are no suitable alternatives to Geth that are sufficiently reliable for Endaoment's use given that it is a nonprofit and must adhere to principles of Prudent Investment Management.

While we are excited to release this guide in its current form, it will continue to grow and adjust as tools do. We look forward to continuing to evaluate other Execution Clients in particular, as suitable alternatives to Geth are available for our use and pass our diligence requirements mentioned above.

Humble Beginnings

Endaoment's engagement in Ethereum staking is a manifestation of our faith in blockchain technology's potential to revolutionize philanthropic ventures (with specific emphasis on the Ethereum ecosystem post PoS transition). We hope here to detail the extensive trial, optimization, and real-world operation of our validator. Embracing a community-driven approach, we share our staking guide to enhance Ethereum's staking ecosystem and invite contributions for creating a reliable and accessible staking environment for all.

This guide started as a humble many hundred line text file, constantly updated with the latest versions of clients, security findings, maintenance processes, and other insights gained from research as well as the guides mentioned above. It was regular practice to spend weekends and evenings tooling around with Linux CLI, experimenting with validating on Goerli, testing out peripheral software packages like fail2ban, grafana, and prometheus among others, and gathering best practices from any and all publicly available materials. Getting it right took a considerable amount of time - many months of rigorous evaluation, and at one time stress testing the selected hardware to see just how many validators could run off of the same node (we got to 100 without issue).

Validate for Good

In early 2023, the leadership of Endaoment made the decision to finalize internal policies related to Ethereum validating and deploy the majority of ETH in our treasury for staking. To that end, we made five deposits for five newly spun up validators, entered the activation queue, and after a few weeks, finally began our journey in earnest on Mainnet.

This decision was motivated by our desire to align our financial assets with our mission, using Ethereum staking as a means to further extend our impact and commitment to sustainable, community-focused investment strategies, while at the same time extending the runway of Endaoment.org by adding to our pool of operational capital. Our proactive involvement in the Ethereum network not only reflects our belief in blockchain as a tool for social good, but also underscores our commitment to being a forward-thinking, tech-embracing nonprofit.

Operational Impact

Ethereum staking is an exciting new way not just to help secure the Ethereum network on which Endaoment is built, but also to be able to deploy ETH for yield. With that said, this is not an endeavor that every nonprofit is suited to go on. The technical know-how required is considerable, and risks are high given the 32 ETH requirement. While much of the work for getting set up for Ethereum staking happens at the beginning, ongoing maintenance is essential for prudent management. Execution and Consensus Clients continuously are getting upgraded, as is other peripheral software on the node. Databases may require pruning, hardware may become obsolete or otherwise need to be replaced, a bug could be introduced in a software upgrade, the list goes on - and this is to say nothing of the outside the node requirements like ongoing internet connectivity and an uninterrupted power supply in a secure location (and choosing that location!). Endaoment did not approach this process lightly, and we encourage all reading this guide to consider the risks as well as the rewards to Ethereum staking.

Since activation, our validators have been an overall net positive. Aside from generating additional ETH and extending Endaoment's operational capital, participation in the Ethereum network coupled with alerts of block proposals and sync committees have energized the team and made us all additionally proud of our organization.

Contribution and Feedback

We welcome feedback and contributions from the community to enhance this guide. If you have suggestions or find any issues, please report them through GitHub issues or submit a pull request to our repository if you have changes to recommend. Your input is invaluable in making this a robust and user-friendly resource for the entire community.

Future Outlook

As we look to the future, Endaoment remains committed to its role within Ethereum network - not just as crypto's community foundation but as a contributor to network security and stability. Our journey does not end with the successful deployment and operation of our validators - we'll be here, updating the repo, handling the ongoing upkeep of our node and continuous improvement of our guide.

To keep pace with the changing state of Ethereum (and the software required to run a validator or otherwise manage a node) we will be regularly updating this repo via public commits and pull requests. Our goal is to keep it as current and comprehensive as possible, integrating new learnings and strategies wherever we can. Our hope here is to demystify the process of Ethereum staking, while at the same time be transparent about our own internal processes.

Endaoment recognizes the unique position it holds at the intersection of blockchain technology and philanthropy. Our ongoing involvement in Ethereum staking is more than a strategic decision; it's a reflection of our broader commitment to leveraging cutting-edge technology for social good.

Acknowledgements

Thank you, Ethereum community! It's been amazing to see the collective effort in transitioning to a more scalable and environmentally friendly PoS consensus mechanism. Special thanks to all contributors to this guide, who have played a part in making Ethereum staking more accessible and reliable. Read our previous article on Endaoment Validators Are Live: Deepening Our Involvement in the Ethereum Ecosystem to learn more about our initial foray into Ethereum staking.

Resources

• Somer Esat's guides to staking on Ethereum

• CoinCashew's guide on how to set up a validator for Ethereum staking on mainnet

• StakeLocal Dashboard guide

• Beaconchain Knowledge Base

Funding Endaoment

If you'd like to contribute to Endaoment's mission and operations (including this guide!), please head here and you can make a donation and get a tax receipt! If you'd like something a bit simpler, you can send any tips to treasury.ndao.eth.

About the Author

Zach Bronstein is Endaoment's Chief Operating Officer; in addition to managing general operations of the organization, he is specifically in charge of all things Ethereum staking related and wrote the entirety of this guide (his baby) as well as the above statement. While Zach has built and configured Linux/Windows computers before, this is the first time he's published his work as a guide publicly, and is excited to share with the Ethereum community. Zach began his journey into web3 midway through 2020, eventually leaving his role at Morgan Stanley to join Endaoment as COO in early 2021. Zach lives with his wife Tracey, and their dog Ellie.

You can find him in Endaoment's Discord, on LinkedIn and X.

Head to the full step-by-step guide on Gitbook or head to the Endaoment-Validator GitHub Repo.