FTX Foundation

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Note (10 November 2022): It was announced this week that FTX.com, Sam Bankman-Fried’s exchange, is facing a severe financial crisis. The situation is still unfolding, so this page will probably be incorrect for the near future, as we won’t be able to update it in time. The Forum team will update this page when there is more clarity on what has happened. The team is concerned for FTX’s individual depositors, who are facing the possibility of severe hardship, as well as about the situation as a whole.

The FTX Foundation iswas a non-profit organization funded by FTX, a cryptocurrency derivatives exchange founded by Sam Bankman-Fried.


In July 2021, FTX Foundation launched FTX Climate, an initiative to make FTX carbon-neutral by the end of 2021; to fund promising research on climate change; and to support various other climate-related projects. The foundation was created in February 2021[1], and shut down in November 2022 when FTX collapsed.[2] In late October 2021,

The foundation’s projects included FTX Foundation announced aClimate, the fellowship program to support individuals working on high-impact projects and to build an effective altruism community in the Bahamas, where FTX is headquartered.[3]

The Future Fund, a philanthropic fund that makes grants and investments to ambitious projects focused on improving humanity's long-term prospects, was launched in late February 2022. That month, the FTX Foundation also launched FTX Community, focused on global poverty, animal welfare, and community outreach.

Further reading

Bankman-Fried, Sam (2021) The FTX Foundation for charitable giving, FTX Research, February 8.Community.

FTX Foundation. | Official website.website (Web Archive).

FTX Climate. | Official website.

FTX Future Fundwebsite (Web Archive). Official website.

Future Fund | grantmaking | Sam Bankman-Fried | FTX collapse

  1. ^

    Bankman-Fried, SamFTX – Cryptocurrency Derivatives Exchange on Medium (2021) The FTX Foundation for charitable giving, FTX Research, February 8.

  2. ^
  3. ^

    FTX Foundation (2021) FTX EA Fellowships, Effective Altruism Forum, October 25.

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