# FTX Foundation

FTX Foundation is a Corporate Foundation based in Madrid, Bentonville, New York, Cambridge, Chicago, San Mateo, Woburn, Spain.

## Overview

- **Organization type:** Corporate Foundation
- **Headquarters:** Madrid, Bentonville, New York, Cambridge, Chicago, San Mateo, Woburn, Spain
- **Region:** Europe
- **Founded:** 2021
- **Assets under management:** Undisclosed
- **Website:** https://ftxfoundation.org

## Regulatory record

- **Reports private funds:** No

## About

The FTX Foundation is a philanthropic collective that makes grants and investments in global health, pandemic prevention, animal welfare, climate protection, and long-term human survival. It has made one investment, in GreenLight Biosciences, as part of a PIPE-III on August 19, 2022. The foundation's portfolio includes one exit, GreenLight Biosciences, which occurred on July 24, 2023.

## Sectors

- Philanthropy
- COVID-19 Response
- ClimateTech
- Pandemic Preparedness
- Crypto & Blockchain

## Offices

- Madrid, Spain
- Bentonville, AR, United States
- New York, NY, United States
- Cambridge, MA, United States
- Chicago, IL, United States
- San Mateo, CA, United States
- Woburn, MA, United States

## People

- Sam Bankman-Fried — Founder
- Caroline Ellison — Not publicly specified in relation to FTX Foundation

## Questions

### What were the FTX Foundation's primary funding areas?

The foundation focused on pandemic prevention, climate change mitigation, and biosecurity, guided by effective altruism principles. It made large upfront grants to organizations such as the Breakthrough Energy Ventures fund and the Center for Humane Technology.

### How was the FTX Foundation funded?

It was funded entirely by FTX's corporate profits, not through an independent endowment. This meant its financial stability was directly tied to the FTX exchange's health.

### Did the FTX Foundation survive the FTX bankruptcy?

No. In November 2022, when FTX filed for bankruptcy, the foundation ceased operations. Some unallocated grant funds were returned to bankruptcy proceedings.

### Who led the FTX Foundation?

Sam Bankman-Fried was the founder and primary decision-maker. The foundation was managed by a small team of FTX employees, with no independent board members publicly listed.

### Are any FTX Foundation offices still active?

No. All offices were vacated after the FTX collapse. The foundation officially stopped operations in late 2022.

## Related profiles

- [Insud Pharma](https://altss.com/profile/insud-pharma)
- [Blue Ridge ESOP Associates](https://altss.com/profile/blue-ridge-esop-associates)

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Last updated: 2026-06-03T20:00:00.000Z

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