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Grantmaking FAQ
Comprehensive guide to our grantmaking approach
ABOUT THE INTERLEDGER FOUNDATION
What is the Interledger Foundation?
The Interledger Foundation is a private operating foundation incorporated in California, United States. We steward open payment technologies, including the Interledger Protocol, the Open Payments API, and the Web Monetization technology standard, and make grants to advance access to digital financial services globally.
We are not a financial institution of any kind, we do not operate a payment network, nor do we earn revenue from payments. We are not a cryptocurrency, do not have a token, and our technology does not use blockchain. Our role is to support the development, adoption, and governance of open standards that enable interoperable, inclusive payment infrastructure.
What is the Interledger Foundation’s grantmaking mission?
We fund work that advances equitable access to digital financial services. We prioritize projects and individuals that help bring underserved populations into the benefits of open payment infrastructure and the digital economy. This includes people in low and middle income economies, migrants, refugees, and those historically excluded from traditional financial systems. We fund technical integration work, policy and advocacy, research, communities of practice, and the next generation of scholars and practitioners in this field.
We believe that the people closest to the problem are often best placed to design the solution. Our grantmaking tries to reflect that conviction.
What is the relationship between the Interledger Foundation’s protocol and standards stewardship work and its grantmaking?
The Interledger Foundation occupies a dual role: we develop and maintain open payment protocols and standards, and we fund their adoption and the broader ecosystem around them. Some of our grantmaking is directly connected to Interledger-related technologies, such as our Digital Financial Services technology integration grants. Other programs support the wider digital financial health field regardless of whether a grantee’s work involves Interledger specifically. These include our Public Policy Activation grantmaking, our Fellowship program, and our Call for Papers from scholars and independent researchers.
We also engage actively in governance and standards bodies, including the W3C, the OpenWallet Foundation, and the United Nations Internet Governance Forum.
How does the Interledger Foundation differ from other funders?
We have genuine admiration for the work of our peer funders, many of whom have built formidable programs and funded important work over many years. Where we differ is in our approach.
We are participatory rather than directive. We engage applicants and grantees as partners in a shared learning process and are intentionally experimental. We accept that some grants will not achieve their intended outcomes, and we treat that as information rather than failure. We are agile and we work to move at the speed our grantees need. Perhaps most distinctively, we deliberately seek out individuals and organizations that may not have access to funding elsewhere. Leaders who are early in their development, operating outside traditional philanthropic networks, or working in communities that larger funders have historically passed over are exactly the people we are trying to reach. Their proximity to real-world challenges, and their understanding of the communities they serve, is a form of expertise that we take seriously.
Is the Interledger Foundation a cryptocurrency initiative?
No, and this is one of the most common misconceptions about our work. The Interledger Foundation is a nonprofit grantmaking foundation working to expand access to safe, responsible, and affordable financial services for communities who have traditionally been excluded from such offerings. We know the word ‘ledger’ has led some people to assume a connection to cryptocurrencies, however our name Interledger refers to inter-linking (accounting) ledgers. We do not issue or hold cryptocurrency, we do not operate a blockchain, and we do not have a token.
What are Open Payments in an Interledger context?
Many of our grant programs refer to Open Payments, but we use the term in a way that varies slightly from how the financial services sector, particularly in Europe, understands the term.
In European financial regulation, open payments or open banking refers broadly to the requirement under frameworks such as PSD2 for banks to open their infrastructure to third-party providers via APIs. It describes a regulatory model that enables competition and consumer data portability. When the Interledger Foundation uses the term Open Payments, we are referring specifically to the Open Payments API: a technical standard we developed and steward that enables payment initiation and authorization across Interledger-connected accounts. It is a specific piece of technology, not a regulatory concept.
The two uses of the term are not in conflict, and the underlying goals are closely aligned. But they are not the same thing. If you work in European regulatory contexts and encounter the term Open Payments in our grant materials, please read it as a reference to our API standard rather than to the PSD2 framework or its successors. If you are uncertain whether your work fits one of our programs, we encourage you to contact us directly.
OUR GRANT PROGRAMS
What grant programs does the Interledger Foundation currently offer?
In 2026, the Interledger Foundation offers the following grant programs:
Call for Papers: Small grants for early-career and independent researchers conducting rigorous academic work on financial access, open payment standards, and related topics.
Digital Financial Services: For financial service providers, including credit unions, fintechs, and cooperative financial institutions, to expand access by integrating Interledger open payment standards into their platforms and infrastructure.
Fellowship Program: 12-month fellowships for emerging scholars, practitioners, engineers, journalists, activists, and artists working on financial access, financial inclusion, or financial health.
Grant for the Web 2.0: Funding for open source platform developers and content publishers exploring decentralized monetization models that move beyond surveillance-based advertising and subscription fatigue. Open Payments Accelerator: Early-stage funding for pre-seed startups and small teams with promising ideas in inclusive digital financial services. This program is designed for proposals that are not yet mature enough for larger grant programs but show genuine potential.
Interledger on Campus: Grants to student-led organizations and clubs to build grassroots engagement with open fintech, bridging classroom learning with real-world applications in digital finance.
Local Impact: Micro-grants for community groups, open source collectives, and local organizers to support meetups, workshops, hackdays, and other community-led events that build awareness and adoption of open payment technologies.
NextGen Higher Education: Grants to universities and academic institutions to develop structured curricula, research programs, and student experiences around open payment technologies and digital financial inclusion. Public Policy Activation: Grants for think tanks and civil society organizations engaging directly with regulators, central banks, and policymakers to advance regulatory frameworks that prioritize human rights, interoperability, consumer protections, and financial access.
Software Development Kit: Funding for open source developers to help improve the developer experience of Open Payments by enabling SDKs to be generated from its OpenAPI document.
Support Sponsorship: Core support for nonprofit organizations.
We also offer Interledger Summit travel grants to support participation in our annual convening.
These figures are indicative. Final amounts are determined through the proposal review and negotiation process.
Current open opportunities and program-specific eligibility criteria are published on our website.
Does the Interledger Foundation accept unsolicited proposals?
It depends on the program. We run a mix of open call and curatorial grantmaking.
Open call programs accept applications from any eligible applicant during defined application windows. We do not accept applications outside the application window.
Curatorial programs are by invitation only: we proactively identify and approach potential grantees whose work we believe merits support, sometimes because they would not otherwise put themselves forward.
In all cases, we do not fund work outside the scope of our current strategic priorities. We encourage prospective applicants to review program-specific guidance.
| Open Call | Curated Track |
|---|---|
| Call for Papers | Grant for the Web 2025 |
| Digital Financial Services | Public Policy Activation |
| Fellowship Program | Summit Travel |
| Interledger on Campus | Support Sponsorship |
| Local Impact | Education Partnership |
| NextGen Higher Education | |
| Open Payments Accelerator | |
| Software Development Kits (SDK) |
Who is eligible to apply for Interledger Foundation grants?
Eligibility varies by program, but we fund a wide range of applicant types, including:
- Individuals, including entrepreneurs
- Civil society organizations
- Cooperatives
- Universities and academic institutions
- Mission-aligned businesses and social enterprises
All projects must be led by a person 18 years or older.
Specific eligibility criteria and any restrictions are set out in the applicant handbook for each program.
Can applicants apply to more than one Interledger Foundation program at the same time?
Yes. Applicants may submit applications to more than one program concurrently, provided each application represents a distinct body of work and is submitted through the appropriate process for each program. That being said, it is our policy that each grantee may hold only one active grant at a time.
Does the Future|Money Art grant still exist?
We were delighted with the art that our first cohort produced.
This program is dormant, but not dead. In 2026, this program will not open for applications. Please subscribe to our newsletter to learn about our upcoming grant opportunities.
How did the Grant for the Web call for proposals in 2025 differ from the original 2019 program?
The original Grant for the Web was a broad funding initiative between Coil, Creative Commons, and Mozilla supporting experimentation with the Web Monetization proposed standard across a wide range of creators, developers, and publishers. It was exploratory by design: our predecessor, also named Grant for the Web, was seeding a new idea and learning what was possible.
Grant for the Web in 2025 was more focused. The Interledger Foundation had a specific hypothesis: that there is a viable revenue model for digital content publishers that sits between advertising-funded free access and subscription paywalls. The journalism and publishing sector is under serious financial pressure. Advertising rates are declining, subscription fatigue is real, and dominant platforms limit who can participate and how. We believe Web Monetization, which enables readers to passively and automatically pay for content they value without going through an intermediary platform, could offer a genuine alternative.
Grant for the Web in 2025 therefore targeted two specific audiences. The first was established digital content publishers with engaged audiences, particularly those that already use donations or advertising as their primary revenue model and are willing to test an advertising-free experience for users with active Web Monetization budgets. The second was publishing platforms that use open, standards-based protocols for content distribution and are already widely adopted.
PARTNERING WITH THE INTERLEDGER FOUNDATION
What does the Interledger Foundation look for in grantees and partners?
We look for grantees and partners who demonstrate a clear connection to expanding access to digital financial services or open payment standards; credibility and experience in their area of work; the capacity to deliver on what they are proposing; and a genuine commitment to transparency and shared learning.
We also look for grantees and partners that center the lived experiences of underserved communities rather than positioning those communities as passive beneficiaries. Leaders with direct, on-the-ground knowledge of the problems financial infrastructure is meant to solve bring something that cannot easily be replicated from a distance, and we actively seek to fund their work.
We do not require applicants to have the credentials or institutional affiliations that unlock doors elsewhere. What we care about most is whether the work is grounded, purposeful, ethical, and likely to make a real difference.
Does the Interledger Foundation prefer to fund single organizations or consortia?
We fund both individual organizations and multi-partner consortia, depending on the nature of the work. For complex technical integration projects or initiatives requiring multi-country reach, a consortium approach may be more appropriate. For focused research or advocacy work, a single organization may be the right fit. We do not have a blanket preference; the structure should serve the proposed work, not the other way around.
Does the Interledger Foundation have a preference for funding organizations headquartered in particular regions?
We are committed to ensuring that a meaningful proportion of our 2026 grantmaking reaches organizations and individuals based in Latin America and the Caribbean, and more broadly in low and middle income economies. We do not restrict applications by geography, in part because we recognize that geography is only a rough proxy for proximity to the communities we most want to serve, and we do engage in global grantmaking even if that is not our overall locus.
Is an invitation to submit a concept note or full proposal a guarantee of funding?
No. An invitation to submit a concept note or full proposal is not a commitment to fund the work. We evaluate all submissions on their merits, and the number of applications we can fund in any given cycle is constrained by available resources and strategic priorities. We will communicate outcomes to all applicants as promptly as we can.
If we decline your application, we will offer to tell you why, and we will tell you honestly what we think would need to change for a future application to potentially succeed.
THE APPLICATION AND PARTNERSHIP DEVELOPMENT PROCESS
What is the Interledger Foundation’s typical application process?
Application processes vary by program but typically involve one or more of the following stages: an expression of interest or concept note stage, where applicants provide a brief overview of the proposed work; a full proposal stage, where shortlisted applicants provide a detailed project description, budget, and supporting materials; and a due diligence stage, where we review organizational and financial documentation before making a final decision.
What is the deadline for submitting an application?
Deadlines are set on a program-by-program basis and are published with each open call. As a matter of fairness to all applicants, we do not accept late submissions.
Can applications be submitted in languages other than English?
At this time, applications must be submitted in English.
We recognize this places a real burden on applicants whose first language is not English.
We assess ideas, not prose style. A clear application written in plain English will always be more competitive than a polished one that lacks substance.
We can accept supporting materials such as due diligence documentation and research appendices in your preferred language.
Can I submit my application with missing items and provide them after the deadline?
No. Submissions must be submitted in full, including with all attachments, by the stated deadline. Incomplete proposals will be withdrawn from consideration.
What due diligence documentation will grantees be expected to provide?
Before entering into a grant agreement, we conduct due diligence appropriate to the size and complexity of the grant. We will communicate specific documentation requirements clearly in the grant program’s applicant guidebook, and we try not to request more than we genuinely need.
For legal persons, this typically includes:
Board List
- List of your board members
- If no board, a document explaining why
Entity Determination Letter
- Documentation that verifies you are a recognized entity in the country you are registered in
Audited Financial Statements
One year of independently reviewed financial statements to show solvency, sustainability
If your entity is too young, we need similar fiscal health documentation
If your financial statements are not audited or reviewed by an independent accountant, provide documentation on why
Organizational Budget
Copy of the applicant organization’s budget. This will help us determine the financial strategy the grantee has for its fiscal year and future. We will look for:
- whether you have prepared a realistic budget for the fiscal year
- whether your sources of potential revenue are reliable
- how reasonable are your estimates of future expenses
Letter(s) of support
At least 1, maximum 3 letters from past partners, clients, customers, granters, board members, or other sources that can write a reference about the entity’s ability to operate and do the task proposed
How long does the partnership development process typically take?
In our experience, the time from submission of a concept note to execution of a grant agreement is typically around six months. We want to be up front about this time horizon, because we think applicants deserve honest timelines rather than optimistic ones.
Does the Interledger Foundation cover costs incurred during the application or partnership development phase?
No. However, some of our curatorial grantmaking streams are intentionally structured into phases: smaller Phase I grants are offered in part to fund applicants’ time spent developing a more comprehensive Phase II proposal.
Where applicable, this will be clearly communicated in program guidance.
Will I receive confirmation of my submission?
Yes. A confirmation email will be sent within 24 hours of submitting your application. If you do not receive one, please email: programteam@interledger.org.
What if I need to withdraw my application?
Once you have submitted your application, you can withdraw it through the Submittable platform. The Submittable platform will automatically notify the relevant program officer. If you have any questions or concerns, please email: programteam@interledger.org.
How are applications reviewed, and who makes funding decisions?
All applications are reviewed in stages, regardless of the grant size or program. The process includes input from peer reviewers with relevant subject matter expertise, whose feedback informs but does not determine the outcome. Internal program staff assesses applications against program criteria and strategic priorities.
Grants above USD 50,000 require management sign-off before a funding decision is made. This threshold applies across all programs.
We aim to make decisions that are consistent, transparent, and grounded in the merits of the work proposed. If your application is not successful, we will tell you why.
Does the demographic data collected during the application process influence funding decisions?
Yes. Demographic data is one of the factors that informs our funding decisions. This reflects our commitment to ensuring our grantmaking reaches the communities we say it is for, including people in low and middle-income economies, historically excluded populations, and practitioners working outside the traditional centers of power in the field. We are intentional about who we fund, and demographic information helps us act on that intention.
This does not mean that any single demographic characteristic determines an outcome. Applications are, of course, always assessed on their merits. Providing demographic information is voluntary. If you choose not to provide it, your application will still be assessed on its merits.
Where is applicant data stored, and for how long?
We use several third-party platforms to manage our grantmaking operations. The table below sets out what data each platform holds, the legal basis for processing it, and how long we retain it.
| Platform | Data held | Purpose | Legal basis | Retention period |
|---|---|---|---|---|
| Submittable | All submitted grant applications, including personal information provided by applicants | Receiving and managing grant applications | Legitimate interest | 3 years from date of submission for unsuccessful applications; indefinite for successful grants |
| Google Drive | Curated grant applications being co-designed between applicant and program officer | Internal review and assessment | Legitimate interest | 3 years from date of submission for unsuccessful applications; indefinite for successful grants |
| Airtable | Grant records, including interim and final reports, budgets, and timelines | Grant management and institutional recordkeeping | Legal obligation | Retained for the duration of the foundation’s existence, in line with our obligations as a private operating foundation |
| DropboxSign | Executed grant agreements, including approved budgets and timelines | Legally binding contract execution and recordkeeping | Contract performance | Retained for the duration of the foundation’s existence |
| HubSpot | Name and email address of individuals who opt in to our newsletter | Communications and community engagement | Consent | Until you withdraw consent or request deletion by emailing: privacy@interledger.org |
PROGRAM BUDGETS AND FUNDING
What funding amounts are available across the Interledger Foundation's grant programs?
Funding amounts vary by program.
In 2026, the Interledger Foundation offers the following grant programs:
- Call for Papers: Small grants for early-career and independent researchers conducting rigorous academic work on financial access, open payment standards, and related topics. Awardees receive USD 5,000 plus travel support for agreed convenings.
- Digital Financial Services: Initial funding of USD 150,000 to USD 250,000 for financial service providers, including credit unions, fintechs, and cooperative financial institutions, to expand access by integrating Interledger open payment standards into their platforms and infrastructure.
- Fellowship Program: 12-month fellowships for emerging scholars, practitioners, engineers, journalists, activists, and artists working on financial access, financial inclusion, or financial health. Fellows receive a USD 72,000 stipend plus a USD 20,000 project budget.
- Grant for the Web 2025: Funding of USD 300,000 for social web and decentralized publishing platforms and content publishers exploring a voluntary audience monetization model as an alternative to surveillance-based advertising and paywalls.
- Open Payments Accelerator: Early-stage funding of USD 50,000 for pre-seed startups and small teams with promising ideas in inclusive digital financial services. This program is designed for proposals that are not yet mature enough for larger grant programs but show genuine potential.
- Interledger on Campus: Grants of up to USD 5,000 to student-led organizations and clubs to build grassroots engagement with open fintech, bridging classroom learning with real-world applications in digital finance.
- Local Impact: Micro-grants of USD 500 to 3,000 for community groups, open source collectives, and local organizers to support meetups, workshops, hackdays, and other community-led events that build awareness and adoption of open payment technologies.
- NextGen Higher Education: Grants of USD 50,000 to accredited universities and academic institutions to develop structured curricula, research programs, and student experiences around open payment technologies and digital financial inclusion.
- Public Policy Activation: Grants for think tanks and civil society organizations engaging directly with regulators, central banks, and policymakers to advance regulatory frameworks that prioritize human rights, interoperability, consumer protections, and financial access. Phase I grants range between USD 20,000 to 57,000, and Phase II grants are variable.
- Software Development Kit: Funding of USD 5,000 to 50,000 for open source developers to add a new security feature to the OpenAPI Specification and implement it in the Kiota SDK generator. This work will eventually improve the developer experience of Open Payments by enabling SDKs to be generated from its OpenAPI document.
- Support Sponsorship: Core organizational support for nonprofit organizations. This is generally based on matched funding from a peer funder, and thus varies.
- Education Partnership: Curated grant engagement initiative that strategically collaborates with selected education partners to drive targeted impact and shared learning outcomes, with funding amounts varying by partner and project scope to drive targeted impact and shared learning outcomes.
We also offer Interledger Summit travel grants of up to USD 3,000 per person to support participation in our annual convening.
These figures are indicative. Final amounts are determined through the proposal review and negotiation process.
Does the Interledger Foundation allow indirect costs or organizational overhead in grant budgets?
Yes. Organizational overhead and indirect costs are a legitimate part of delivering grant-funded work, and we recognize that. We allow indirect costs of up to 10 percent of direct project costs. A higher rate may be considered where it is justified by the nature of the work. Applicants should include indirect costs transparently in their budget.
Are there restrictions on how grant funds can be used?
Grant funds must be used for the purposes described in the approved project budget and grant agreement.
We do not permit the use of grant funds for partisan political activity or electoral campaigning; personal enrichment or payments unrelated to project delivery; activities that violate applicable law; or activities outside the scope of the approved project without our prior written approval. Grantees are required to seek our approval before making material changes to approved budgets.
Does the Interledger Foundation require cost-sharing or matching contributions?
Cost-sharing or matched contributions are not required, but we actively encourage them and look favorably on applicants who bring co-funding to the table. A grantee’s ability to leverage Interledger Foundation funding alongside contributions from other funders, development partners, governments, or the private sector demonstrates confidence in the work and supports its long-term sustainability. Where cost-sharing is proposed, applicants should describe it clearly in their budget and indicate whether it is confirmed or anticipated.
Are there salary restrictions for grant-funded personnel?
We do not impose a fixed salary cap for grant-funded roles, but we expect personnel costs to reflect reasonable, market-rate compensation for the relevant role, sector, and geography.
Does the Interledger Foundation offer non-financial support?
Yes. We see ourselves as partners in this work, and we try to offer grantees support that goes beyond the grant itself. Depending on the program and the grantee’s needs, this may include mentorship from practitioners and experts in the field, technical assistance related to Interledger technologies or other open payment standards, and communications support to help grantees share their work with relevant external audiences.
The form this support takes varies. Some of it is structured into specific programs; some of it emerges from the relationships we build with grantees over time. We also connect grantees with one another, because we believe the network we are building together is itself a form of support.
If there is a specific kind of assistance that would help you deliver on your proposed work, we encourage you to raise it during the application process, and our application forms provide space for you to list any desired additional support.
PROGRAM REVIEWS, REPORTING, AND EVALUATION
What are the reporting requirements for Interledger Foundation grantees?
Reporting requirements are set out in each grant agreement and vary by program and grant size. Grantees are typically required to submit narrative progress reports at agreed intervals (commonly at the midpoint of a grant and at its conclusion), and financial reports detailing expenditure against the approved budget.
We may also invite grantees to participate in the Interledger Summit, in-person unconferences, virtual community calls, or podcast interviews. We see these as opportunities for shared learning.
We encourage grantees to surface challenges and course corrections openly in their reports. Honest accounts of what is not working are as valuable to us as accounts of what is.
How does the Interledger Foundation approach grants that are not meeting their objectives?
We take a learning-oriented approach. If a grant is not meeting its objectives, we expect grantees to raise this proactively rather than waiting for a formal reporting deadline. We will work with grantees to understand the reasons, explore whether adjustments are warranted, and determine the best path forward together.
We do not treat difficulties as failures of character or competence. We accept that some grants will not achieve their intended outcomes, and we think the field learns more from honest accounts of what did not work than from cherrypicked narratives of success.
Does the Interledger Foundation allow adaptive management during grant implementation?
Yes. Conditions change, and effective implementation sometimes requires adjustments to planned activities, timelines, or approaches. Grantees may request budget or activity modifications by submitting a Scope Change request to their program contact, explaining the rationale for the proposed change. Material modifications require written approval from us before they are implemented.
Are no-cost extensions available?
Yes, no-cost extensions are available for most grants.
A no-cost extension allows you to extend the period of your grant without additional funding, giving you more time to complete the proposed work.
A few important points to be aware of:
- Each grantee is entitled to one no-cost extension per grant, for a maximum of six months.
- Extensions are not automatic: they must be requested and are subject to approval by your program officer. We will generally approve requests where there is a reasonable explanation for why more time is needed, and the work remains on track.
- Requests submitted at the last minute, including on the day a report is due, are at risk of being denied. Please request an extension in good time, well before your grant period ends, so that we have the opportunity to consider it properly and you have time to make alternative arrangements if it is not approved.
Is an evaluation required for grant renewals or scale-ups?
Yes. Before making a funding decision on any renewal or scale-up, we will conduct a review of the original grant’s performance. Depending on the size and duration of the original grant, this may involve an internal review of grantee reports, an external evaluation, or both.
USE OF ARTIFICIAL INTELLIGENCE
Can I use AI tools when preparing my grant application or progress reports?
We recognize that AI tools are part of many people’s professional workflows, and we do not prohibit their use. But we want to be direct about how their use affects how we evaluate applications.
We value original thought, creative thinking, and detailed specificity. What makes an application competitive is not how it is written but what it contains: a clear and grounded idea, a credible plan, specific evidence of your skills and experience, and an honest account of what you intend to do and why. AI tools can help you structure and refine your thinking, but they cannot supply that substance. Applications where the writing is fluent but generic, and where the specificity and voice of the applicant are absent, will be viewed less favorably.
We are becoming more adept at identifying AI-generated content, and we have made it a priority to understand its prevalence in what we receive.
What kinds of AI use are acceptable, and what should I avoid?
Successful applications are specific. They describe your skills and past experience in concrete terms, explain why you are the right person or organization to do this work, and demonstrate that you understand both the problem and the context you are working in. AI cannot provide that specificity, but it might be able to help you with grammar checking and proofreading; restructuring or improving the clarity of text you have written; and translation assistance.
Uses of AI that will weaken your application:
- Generating your budget: Your project budget is a core part of our assessment. Costs must be accurate, grounded in your specific context, and consistent with your proposed activities. AI cannot do this for you.
- Using AI to describe Interledger technologies: Current AI models frequently misrepresent or conflate Interledger-related concepts. Inaccurate technical references will reduce the competitiveness of your application. Please consult our Developers Portal directly.
- Relying on AI for fact-checking, data aggregation, or citations: Current models have well-documented limitations in these areas and can produce plausible-sounding but inaccurate results.
- Using AI to characterize your alignment with our mission or programs: This is something only you can speak to authentically, and we will notice if it reads as though it was generated rather than considered.
Are there legal and ethical concerns about AI use I should be aware of?
Yes, and we take them seriously. A few issues we ask applicants to consider:
- Many AI tools process your inputs and may use them to train future models. Be careful not to share confidential information, unpublished research, personal data, or proprietary organizational assets through AI tools without understanding the terms of service.
- There are unresolved legal and ethical questions about whether AI models trained on copyrighted material without consent create liability for users. We encourage applicants to think carefully about whether their use of AI contributes to these harms.
- AI systems rely on extensive data work, including collection, cleaning, annotation, and content moderation. This work is frequently outsourced to contractors in low and middle-income countries under precarious conditions, with low pay and significant mental health risks. These harms are well documented. The Interledger Foundation will not knowingly fund projects that benefit from exploitative data labor practices or non-consensual data harvesting.
- AI carries a significant and growing environmental cost. Each query to a large language model produces measurable carbon emissions, and the energy demands of data centers have increased sharply in recent years. We encourage applicants to use AI tools proportionately and to be aware of their environmental footprint.
Do I have to disclose if I have used AI in preparing my application?
Yes. If you use AI tools in preparing your application, you are required to disclose this on the application form. You should indicate which categories of use apply (for example, idea generation, grammar editing, literature review, translation, or graphics) and which tools you used. We may request your prompts.
This requirement applies to grant applications, progress reports, blog posts, and other programmatic outputs submitted to the Interledger Foundation. Specific programs may have additional requirements, which will be detailed in the relevant program’s application guidelines.
LEGAL, COMPLIANCE, AND SAFEGUARDING
What activities will the Interledger Foundation not fund?
We will not fund activities that violate applicable law; constitute partisan political activity or electoral campaigning; promote or facilitate discrimination, harm, or exclusion on the basis of race, gender, religion, nationality, disability, sexual orientation, or other protected characteristics; facilitate financial crimes including money laundering, fraud, or sanctions evasion; or are inconsistent with the Interledger Foundation’s charitable purposes and values. We also try to avoid duplication. If a project is substantially similar to work already being undertaken by a current or recent grantee, we are unlikely to fund it. We would rather our resources reach a wider range of people and ideas than concentrate in areas already receiving our support.
Can the Interledger Foundation fund for-profit organizations?
Yes, and with care. As a private operating foundation, we are subject to specific legal requirements when granting to for-profit entities, including expenditure responsibility obligations that require us to ensure funds are used for charitable purposes. We recognize that much important work in open payment infrastructure is being done by mission-aligned companies and social enterprises. However, we do apply additional scrutiny to ensure that funded activities serve the broader ecosystem rather than private shareholders.
What is the Interledger Foundation’s approach to intellectual property produced through grant-funded work?
The Interledger Foundation encourages and prefers the use of open licenses for outputs produced through grant-funded work, as openness supports broad access, reuse, and ecosystem growth.
For software and code, we generally recommend the Apache License 2.0 or an equivalent permissive open source license. For other outputs, such as research, we typically suggest Creative Commons licenses like CC BY or CC BY-SA to ensure work is accessible and attributable.
At the same time, we recognize that contexts vary and that a one-size-fits-all approach to licensing is not always appropriate. We are open to discussing alternative licensing models where they better support the sustainability, impact, or local relevance of a project. In some cases, this may include more graduated approaches to openness, or models that enable grantees to build viable, self-sustaining pathways for their work.
We encourage applicants to raise any proposed deviations from default open licensing during the proposal stage so that we can explore options together. While we do not claim ownership of intellectual property created by grantees, we aim to ensure that outputs remain meaningfully accessible to the communities they are intended to serve, in ways that are appropriate to their context.
Are there restrictions on the countries that the Interledger Foundation can fund?
Yes. As a private operating foundation incorporated in the United States, the Interledger Foundation is legally required to comply with US sanctions law. This means we cannot make grants to individuals or organizations located in, or controlled by, countries or parties subject to sanctions administered by the US Office of Foreign Assets Control (OFAC). We conduct sanctions screening as part of our standard due diligence process for all applicants. If you are uncertain whether your country or organization is affected, we encourage you to contact OFAC before investing time in an application.
What does the contracting process entail?
We will prepare a written grant agreement that outlines each party’s responsibilities. Once it has been reviewed internally, we will share a draft with the grantee for their own review asking that questions or concerns be flagged before the agreement is finalized. Once all parties are happy with the text, we will circulate the grant agreement for electronic signature via the DropboxSign platform. You will be provided a countersigned copy of the agreement.
Grants are not approved until the grant agreement is signed by all signatories. No funds can be transferred and no program costs incurred prior to the signing of the grant agreement.
How and when are grant funds paid?
We generally pay in installments. A portion of the grant is typically disbursed within 30 days of the grant agreement being signed, with the remaining funds released following submission and acceptance of the interim report.
The exact payment schedule varies by program and grant size, and we are open to discussing arrangements that work for the grantee’s context. If a different structure would better support your ability to deliver the work, raise it with us before the grant agreement is finalized.