2024-11-06T13:54:43-06:00 2023-12-31 910189318 MOSS ADAMS LLP 6565 AMERICAS PARKWAY NE STE 600 ALBUQUERQUE NM 87110 990 2023-01-01 873982059 OPEN COMMUNITY FOUNDATION OPEN 6508048081 873 44TH AVE SAN FRANCISCO CA 94121 SUREN SAMARCHYAN CHAIRMAN AND CEO 6508048081 2024-11-04 1 1 PAMELA ALEXANDERSON P01218925 5058787200 2024-11-04 2023 2024-10-15 13:58:12Z X SUREN SAMARCHYAN 873 44TH AVE SAN FRANCISCO CA 94121 621447 0 X N/A X 2021 VA THE PURPOSE OF THE CORPORATION IS TO FURTHER THE COMMON GOOD AND GENERAL WELFARE BY CREATING A GLOBAL, OPEN, AND DECENTRALIZED SOCIAL PLATFORM THAT PROMOTES USERS' HAPPINESS AND WELLBEING AND WHERE USERS OWN AND CONTROL THEIR IDENTITIES, CONTENT, AND COMMUNITIES. 1 0 1 2 0 0 14186058 0 0 0 32630 621447 0 0 14218688 621447 0 0 0 0 0 246389 0 0 0 79437 85802 79437 332191 14139251 289256 14090426 14380792 0 1110 14090426 14379682 THE PURPOSE OF THE CORPORATION IS TO FURTHER THE COMMON GOOD AND GENERAL WELFARE BY CREATING A GLOBAL, OPEN, AND DECENTRALIZED SOCIAL PLATFORM THAT PROMOTES USERS' HAPPINESS AND WELLBEING AND WHERE USERS OWN AND CONTROL THEIR IDENTITIES, CONTENT, AND COMMUNITIES. 0 0 249144 STRATEGY DEVELOPMENT, PRODUCT ROADMAPPING, TESTING MULTIPLE DIRECTIONS, PROTOTYPING, USER RESEARCH, MARKET ANALYSIS, AND FEASIBILITY STUDIES FOR A DECENTRALIZED SOCIAL PLATFORM THAT PROMOTES USERS' HAPPINESS AND WELLBEING. 249144 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 3 0 1 1 1 0 0 0 0 0 0 0 0 X 1 0 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 CA X SUREN SAMARCHYAN 6508048081 873 44TH AVE SAN FRANCISCO CA 94121 SUREN SAMARCHYAN CHAIRMAN AND CEO 40.00 X X 201699 0 0 NIRAJ SHETH PRESIDENT 1.00 X 0 0 0 201699 0 0 1 0 1 0 0 621447 621447 621447 0 0 621447 201699 151274 50425 44690 33518 11172 24375 18281 6094 30957 23218 7739 24224 18168 6056 972 729 243 1594 1196 398 MARKET RESEARCH 3491 2618 873 TAXES AND LICENSES 189 142 47 332191 249144 83047 0 101511 91457 5522363 0 8466552 12895117 0 1394218 14090426 14380792 0 1110 0 1110 X 14090426 14379682 14090426 14379682 14090426 14380792 289256 0 X 0 0 0 0 COINBASE INVESTMENT 1394218 C 1394218 0 0 0 0 0 0 0 0 0 SUREN SAMARCHYAN CHAIRMAN AND CEO 201699 0 0 0 0 0 0 0 0 0 201699 0 0 0 FORM 990, PART VI, SECTION A, LINE 4 DURING THE YEAR THE FOUNDATION INTRODUCED THE CONCEPT OF MEMBERS TO SUPPORT THE MISSION OF THE FOUNDATION. PER THE UPDATED BYLAWS, THERE WILL BE TWO CATEGORIES OF MEMBERSHIP, CLASS A AND CLASS B. CLASS A MEMBERS CONSISTS OF THE BOARD OF DIRECTORS ELECTED ON MARCH 23, 2023. ANY CLASS A MEMBERS ELECTED AFTER MAY 10, 2023, MUST BE ELECTED BY A MAJORITY OF EXISTING CLASS A MEMBERS AT THE TIME OF ELECTION. CLASS A MEMBERS HAVE THE RIGHT TO VOTE ON AMENDING THE ARTICLES OF INCORPORATION, THE BYLAWS AND DISSOLVING THE CORPORATION AS WELL AS ELECTING AND REMOVING MEMBERS OF THE BOARD OF DIRECTORS. CLASS B MEMBERS SHALL HAVE VOTING RIGHTS FOR MEMBERS OF THE BOARD OF DIRECTORS BUT SHALL NOT HAVE RIGHTS TO VOTE ON MATTERS OF AMENDING THE ARTICLES OF INCORPORATION, BYLAWS, OR DISSOLUTION AND WINDING UP OF THE CORPORATION. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS DISTRIBUTED TO AND REVIEWED BY THE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS MONITORED BY THE BOARD PERIODICALLY WHEN NECESSARY. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE NOT CURRENTLY AVAILABLE TO THE PUBLIC.