Separate accounts
Foundation funds should remain separate from personal and privately owned business accounts.
Official incorporation status: Mr. Blindbandit Access and Opportunity Foundation Incorporated is a Virginia nonstock corporation effective September 30, 2026. Federal recognition under Section 501(c)(3) is not yet claimed. Download official formation documents.
Financial stewardship
Charitable money should be traceable, controlled and mission-focused.
This page describes the Foundation’s financial-control framework. It is not a substitute for future audited, reviewed or filed financial statements when those become applicable.
Board-approved planning
Material spending should be tied to an approved budget, program authorization, contract or documented delegation.
Payment authority
Authorized signers and electronic-payment authority should be documented, with stronger review for material transfers and disbursements.
Reconciliation
Bank, processor and material financial accounts should be reconciled regularly, with separation of initiation and review when practical.
Restricted funds
Accepted donor and grant restrictions should be tracked and honored for the authorized purpose.
Independent review
Audit, review, compilation or other independent financial examination should be obtained when required by law, grant, contract, donor restriction or Board decision.
Future public reporting
As operations develop, public reporting should include financial highlights, revenue and expenses, cash position, liabilities, material restricted funds and other information appropriate to the Foundation’s scale and legal obligations.
Current status: this page does not claim that an audit, Form 990 or annual financial report has already been issued. Those records will be added when applicable.
Financial questions
Email [email protected].
What exists today
These financial governance records are real and public:
- The adopted Bylaws (adopted September 25, 2026, designated effective October 1, 2026), which include finance, gift and grant appendices.
- The Banking, Credit, Payment, Treasury, and Financial Services Resolution adopted October 1, 2026, which sets financial authority for four Authorized Financial Officers while keeping Board oversight and limits on material debt. It can be read as an accessible web page or downloaded from the Document Center.
The Treasurer and Chief Financial Officer named on the Board page oversees financial reporting, budget monitoring, cash management, internal controls and financial records.
What will be published as it becomes available
Planned, not yet in operation: no audit, review, Form 990-series return or annual financial statement has been issued, and no financial figures are claimed here.
- A short annual summary of revenue, expenses and cash position, in plain language.
- Any required federal or state filings, once applicable.
- Independent review or audit reports when required by law, a grant, a contract or a Board decision.
- A note on any restricted funds and how restrictions were honored.
Tax status and contributions
Federal recognition under Section 501(c)(3) is not yet claimed and no IRS determination letter exists, so contributions are not tax-deductible at this time. This page will be updated if that status changes. Information on this page is provided as-is, is not financial or tax advice, and may change; see the disclaimers and legal notices.
Related pages: Programs · Governance · Board · Transparency · Documents · Grants & scholarships · Get involved · Impact · Annual reports.