CONFIRMED

MATTER

Helping people launch projects that improve communities around the world

Verified by Community
Treasury Policy Public
Direct Bitcoin Donations
LAST VERIFIED: February 12, 2026
FOUNDED
2002
AID DISTRIBUTED
$848M+
BITCOIN POLICY
HODL All BTC
HEADQUARTERS
Minnesota, USA

ABOUT

MATTER is a Minnesota-based global NGO founded in 2002 by Dennis and Megan Doyle as Hope for the City, later rebranded to MATTER. Since inception, the organization has distributed more than $848 million in restorative aid impacting millions of lives globally. MATTER explicitly states on its donation page that it plans to HODL all Bitcoin contributions as a long-term investment and is "not interested in flipping these funds for fiat." This unambiguous public HODL policy places MATTER firmly in the Tier 1 Confirmed Holder category. The organization accepts Bitcoin, Ethereum, and other cryptocurrencies, and frames Bitcoin holding as alignment with the long-term investment philosophy of its crypto donor community.

BITCOIN POLICY

POLICY CLASSIFICATION
EXPLICIT HODL POLICY — HOLDS ALL BITCOIN CONTRIBUTIONS AS LONG-TERM INVESTMENT
HOLDING DETAILS
  • Policy: "We plan to HODL all Bitcoin contributions as an investment" (stated on donation page)
  • Explicitly states they are "not interested in flipping these funds for fiat"
  • Frames Bitcoin holding as alignment with long-term crypto donor philosophy
  • Accepts BTC, ETH, and other cryptocurrencies
  • Contact: Katie Olson for crypto donation inquiries

TREASURY TIMELINE

2002
Founded as Hope for the City by Dennis and Megan Doyle in Minnesota
2002–2024
Distributed more than $848 million in restorative aid globally
Ongoing
Published explicit HODL policy on donation page — holds all BTC contributions

WHY THIS MATTERS

MATTER's explicit public HODL policy — stating they will not convert Bitcoin to fiat — is one of the clearest treasury reserve commitments in the nonprofit sector. Unlike organizations that accept crypto but immediately liquidate, MATTER treats Bitcoin as a long-term strategic asset aligned with donor intent.

RESEARCH CITATIONS

FILTER BY SOURCE TYPE

SHOWING 6 OF 6 CITATIONS

1
Donation Page2024

MATTER Crypto Donation Policy – Official HODL Statement

We plan to HODL all Bitcoin contributions as an investment, and we want to assure all those making a Bitcoin donation that we are not interested in flipping these funds for fiat.

View Source
2
Policy Page2024

Donate Bitcoin: Do Social Good With Your Cryptocurrency

MATTER believes that Bitcoin is an investment in the future. We plan to hodl all Bitcoin contributions as an investment, and we want to assure all donors that we are not interested in flipping it for fiat. We believe this aligns us with cryptocurrency donors who believe that the best use of Bitcoin is as a long-term investment rather than a short-term vehicle to cash out quickly.

View Source
3
Leadership Statement2021

Bitcoin Freedom: Cryptocurrency Strengthens Social Justice

MATTER has embraced Bitcoin as a method of payment, not just because some people might wish to donate to us that way, but more so because Bitcoin strengthens social justice in many areas around the globe by protecting finances, preserving privacy, and increasing accessibility to financial resources, where traditional banking is difficult or non-existent.

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4
Third Party Profile2024

The Giving Block – MATTER Verified Nonprofit Profile

Third-party verification of MATTER's Bitcoin HODL policy: "MATTER believes that Bitcoin is an investment in the future. We plan to hodl all Bitcoin contributions as an investment, and we want to assure all donors that we are not interested in flipping it for fiat." EIN: 37-1441658, 501(c)(3), USA.

View Source
5
Third Party Profile2024

Charity Navigator – Four-Star Rating (100% Score)

MATTER earns a perfect 100% score and Four-Star rating from Charity Navigator for FY2024. Program Expense Ratio: 97.05%. Fundraising Efficiency: $0.01 per dollar raised. 18 independent board members. 501(c)(3) tax-exempt since 2003. EIN: 37-1441658.

View Source
6
Financial Report2024

ProPublica Nonprofit Explorer – Form 990 Financial Data

FY2024 Form 990 data: Total Revenue $54.9M, Total Expenses $46.8M, Net Income $8.1M, Total Assets $21.2M, Total Liabilities $1.35M. 93.6% of revenue from contributions. Tax-exempt since January 2003. EIN: 37-1441658.

View Source

HOW TO DONATE

  • 1.Visit matter.ngo/donatecrypto/ to donate Bitcoin or other crypto
  • 2.Accepts Bitcoin (BTC), Ethereum (ETH), and other cryptocurrencies
  • 3.Tax-deductible as a registered nonprofit organization
  • 4.Contact Katie Olson at MATTER for large donations or crypto-specific questions

CONTACTS

CATEGORY

CONFIRMED

Confirmed Bitcoin Treasury Holders

IRS FINANCIALS

SOURCE: PROPUBLICA NONPROFIT EXPLORER (IRS FORM 990)

EIN
371441658
STATUS
501(c)(3)
FY2023 FINANCIALS
REVENUE
$34.99M
ASSETS
$12.83M
IRS RULING
2003-01-01
TAX DEDUCTIBLE
YES
VIEW FULL 990 ON PROPUBLICA

FREQUENTLY ASKED QUESTIONS

Common questions about MATTER's Bitcoin holdings, donation process, and verification status.