Texas Blockchain
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- It reported loans to or from officers, directors or other insiders.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
TEXAS BLOCKCHAIN IS A TEXAS-BASED 501(C)(3) NONPROFIT THAT IS BUILDING THE NEXT GENERATION OF INNOVATORS BY LEADING A COMMUNITY AT THE UNIVERSITY OF TEXAS AT AUSTIN FOCUSED ON THE RESEARCH, DEVELOPMENT, INVESTMENT, AND INFRASTRUCTURE OF BLOCKCHAIN TECHNOLOGY.
- Income
- $7,500
- Spending
- $26,730
- Reserves
- Over 10 years of spending
- Largest source of income
- donations and private grants, 100%
- Employees
- 0
- Volunteers
- 0
Source: Form 990 for the year ending April 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
Source: Form 990 for the year ending April 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 79 out of 100. Higher than 73% of charities in its peer group (education, under $250k).
Independent board
25 of 256 of 6 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
No reported misuse
0 of 10Reports at least one of: diversion of assets, excess benefits, loans to insiders.
Source: Form 990 for the year ending April 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $13,122 spent. THE CRYPTO SUMMER LAB (CSL) PROGRAM IN 2024 MARKED AN IMPORTANT MILESTONE FOR CHAINHUB FOUNDATION'S MISSION TO ACCELERATE INNOVATION AT THE INTERSECTION OF BLOCKCHAIN, AI, AND DECENTRALIZED INFRASTRUCTURE. MANAGED AND OPERATED BY CHAINHUB FOUNDATION, CSL BATCH 2 RAN FROM MAY 27 THROUGH JULY 26, 2024, PROVIDING A STRUCTURED AND COLLABORATIVE ENVIRONMENT FOR EARLY STAGE TEAMS TO REFINE THEIR TECHNICAL ARCHITECTURES, TOKEN MODELS, AND GO TO MARKET STRATEGIES. THE PROGRAM EMPHASIZED HANDS ON MENTORSHIP, ECOSYSTEM EXPOSURE, AND TECHNICAL DEEP DIVES ACROSS DEFI, INFRASTRUCTURE, AND AI INTEGRATED PROTOCOLS, CREATING A FERTILE SPACE FOR BOTH TECHNICAL FOUNDERS AND ECOSYSTEM BUILDERS TO ENGAGE DIRECTLY WITH EXPERIENCED MENTORS AND PEERS.SEVERAL PIONEERING PROJECTS PARTICIPATED IN THE 2024 COHORT, INCLUDING CONCORDIA, OPTIMUM, POD, SOUL, ZETTABLOCK, SUM NETWORK, BITMIND, SUPERPOSITION, AKAVE, BBL, AND SLUICEBOX, EACH REPRESENTING DISTINCT INNOVATIONS IN DECENTRALIZED COMPUTING, DATA NETWORKS, AND BLOCKCHAIN ENABLED INTELLIGENCE. TRUE TO CHAINHUB FOUNDATION'S NON PROFIT MODEL, THE CSL PROGRAM WAS PROVIDED ENTIRELY FREE OF CHARGE TO ALL PARTICIPANTS, REINFORCING ITS COMMITMENT TO OPEN COLLABORATION AND EQUITABLE ACCESS TO HIGH QUALITY ACCELERATION RESOURCES. THROUGH CSL 2024, CHAINHUB CONTINUED TO STRENGTHEN THE BROADER CRYPTO AND AI STARTUP ECOSYSTEM BY FOSTERING COMMUNITY DRIVEN INNOVATION AND SUSTAINABLE GROWTH ACROSS DIVERSE PROJECTS AND TEAMS.
- $4,500 spent. WE INCUBATED THREE STARTUPS WITH NON DILUTIVE FUNDING IN THE FORM OF GRANTS. THESE STARTUPS INCLUDE HOLOS, CEALUS, AND TRENCHTOWN, EACH GIVING WAY A CHECK OF 1.5K (REFLECTIVE OF THE MILESTONES THAT EACH STARTUP HIT THROUGHOUT THE INCUBATION TIME PERIOD). WE PROVIDED NETWORKING OPPORTUNITIES AND CONNECTIONS WITH VCS, ALLOWING US TO CONTRIBUTE TO THE LARGER ECOSYSTEM OF EDUCATION IN THE CRYPTO SPACE.
- $700 spent. WE FLEW OUT STUDENTS TO A STUDENT CRYPTO CONFERENCE CALLED MICHIGAN BLOCKCHAIN CONFERENCE. WE PAID FOR THE AIRBNB ALLOWING STUDENTS TO COME WITH A SUBSIDIZED COST OF FLIGHTS AND STAY TO LEARN MORE ABOUT THE ECOSYSTEM AND NETWORK WITH PROFESSIONALS IN THE SPACE. WE WANTED TO EXPOSE STUDENTS TO THE MOST AMOUNT OF EDUCATION AND INTERNSHIP OPPORTUNITIES AS POSSIBLE.
Source: Form 990 for the year ending April 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending April 2026.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since March 2023.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.