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    5. Aleo Network Foundation
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    Aleo Network Foundation

    Active
    Cheyenne, WYWebsite8332720333EIN: 93-24627651 filings on record

    About Aleo Network Foundation

    Support development of privacy-first, zero-knowledge applications and grow the Aleo ecosystem by funding builders, providing technical mentorship, and enabling privacy-compliant blockchain solutions.

    Focus Areas

    PaymentsIdentityGamingDeFiDeveloper grants / tooling

    Who They Fund

    nonprofit organizationscoalitions and alliancessector-specific networkscommunity-based organizations

    Funding Style

    capacity buildingnetwork/coalition strengtheninginfrastructure supportconvening and relationship-building

    About Aleo Network Foundation

    Aleo Network Foundation’s largest recent grant was $5,645,500 to Supranational, a signal that its giving reaches well beyond small pilot awards. The foundation funds builders and infrastructure around Aleo’s privacy-first, zero-knowledge ecosystem, with support aimed at protocol validation, prover services, and application deployment. Its active programs include incentives for third-party proving services on Testnet Beta and developer rewards for teams that deploy programs on Aleo testnets. The grants program also provides milestone-based funding, technical mentorship, community access, and launch support for projects built on the Aleo Layer 1 network. Recent awards show a mix of ecosystem infrastructure and builder support. Medici Collective Co received $745,500, while Aethos was awarded $357,718. Smaller grants also went to Venture 23 Inc and Coinbase Inc. The pattern points to a funder using grants as part of network development, with funding tied to technical participation in the Aleo ecosystem rather than broad charitable programming.

    What Aleo Network Foundation Funds

    The foundation supports network development across several technical use cases. In developer tooling and ecosystem growth, it awarded $5,645,500 to Supranational for network development. It also backed Medici Collective Co with $745,500 for the same category, indicating repeated support for infrastructure-oriented work. The grants program is also tied to privacy-first application building. Aleo Network Foundation’s active grant program offers milestone-based funding, technical mentorship, community access, and launch support for projects on the Aleo Layer 1 network, with focus areas that include payments, identity, gaming, and DeFi. Another active program provides incentives for teams that deploy programs on Aleo testnets, including dApps in gaming and DeFi. A separate incentive program supports zkSNARK proving and prover infrastructure through Testnet Beta rewards.

    How Aleo Network Foundation Gives

    Typical grant size sits at $243,000 at the 25th percentile, $357,718 at the median, and $745,500 at the 75th percentile. The recent list is concentrated at the high end, with a $5,645,500 award standing apart from the rest. The foundation appears to use a mix of recurring ecosystem programs and one-off grants, since it runs multiple active incentive and grants programs while also making discrete awards to specific organizations. It accepts unsolicited applications in all three active programs listed. The latest 990 year on file is 2025.

    Financial Snapshot

    Annual Giving

    $7M

    Total Assets

    $64.9M

    Total Revenue

    $260.5M

    Total Expenses

    $197.8M

    Typical Grant Size

    Most grants fall between $243K and $746K, with a median of $358K.

    25th Percentile

    $243K

    Median

    $358K

    75th Percentile

    $746K

    Geographic Reach

    Regional4 states funded

    About 20% of grants go to recipients in DE.

    Funding intensity
    Low
    High
    Headquarters

    Leadership

    Dylan Harada

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    Topics

    network developmentcross-organizational collaborationcommunications and information-sharing infrastructurepartnership facilitationnetwork governance and sustainability

    Where Aleo Network Foundation Makes Grants

    Giving is regional, with recipients located entirely in the United States in the data provided. Delaware is the top state by grant count, and Wyoming accounts for 20% of grants. Named recipient cities include Boston, Santa Monica, Wilmington, Sheriden, and Oakland. The grant list shows both coastal and Mountain West recipients, with a concentration that includes Delaware and Wyoming alongside California and Massachusetts.

    Frequently Asked Questions About Aleo Network Foundation

    What does Aleo Network Foundation fund?

    It funds privacy-first, zero-knowledge applications and ecosystem infrastructure for Aleo, including payments, identity, gaming, DeFi, prover infrastructure, and developer tooling. Its programs also support protocol validation, dApp deployment, and builder mentorship on the Aleo Layer 1 network.

    How large are its grants typically?

    The typical grant size is $243,000 at the 25th percentile, $357,718 at the median, and $745,500 at the 75th percentile. Recent awards range from $21,806 to $5,645,500.

    Does Aleo Network Foundation accept unsolicited applications?

    Yes. All three active programs listed accept unsolicited applications: Testnet Beta Prover Incentives, Deploy Incentives, and the Aleo Network Foundation Grants Program.

    What kinds of projects can receive support?

    Active programs support zkSNARK proving, prover infrastructure, protocol validation, dApps deployed on Aleo testnets, and privacy-first applications. The grants program also names payments, identity, gaming, and DeFi as focus areas.

    Where does it give most often?

    Its top state by grant count is Delaware. The recipient list also includes Wyoming, California, and Massachusetts, and all grants in the provided data went to U.S. recipients.

    Latest 990 Filing

    2025

    Source: IRS Form 990-PF, fiscal year 2025.

    Open Grant Opportunities

    Current and upcoming funding from Aleo Network Foundation that your nonprofit may be able to apply for.

    Open nowRolling / open intakeAward: Up to $100K

    Aleo Network Foundation Grants Program

    PaymentsIdentityGaming+3 more

    Who can apply: Anyone can apply, including individuals, teams, nonprofits, and companies. Projects must include open-source elements and be built on the Aleo network. The page indicates eligibility for teams and solo developers; the contributor terms also mention KYC and other program-specific requirements may apply.

    Deadline: No fixed deadline stated; appears to accept applications on an ongoing basis.

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    Deadlines and eligibility are summarized from public sources and may change — always confirm the details on the funder's official application page before applying.

    Recent Grants

    Most recent grants reported to the IRS.

    RecipientLocationAmountYearPurpose
    SupranationalBoston, MA$5,645,5002025Network Development
    Medici Collective CoSanta Monica, CA$745,5002025Network Development
    AethosWilmington, DE$357,7182025Network Development
    Venture 23 IncSheriden, WY$243,0002025Network Development
    Coinbase IncOakland, CA$21,8062025Network Development

    Supranational

    $5,645,500
    Boston, MA2025

    Network Development

    Medici Collective Co

    $745,500
    Santa Monica, CA2025

    Network Development

    Aethos

    $357,718
    Wilmington, DE2025

    Network Development

    Venture 23 Inc

    $243,000
    Sheriden, WY2025

    Network Development

    Coinbase Inc

    $21,806
    Oakland, CA2025

    Network Development