Breadcoin Foundation, Ltd. is a 501(c)3 nonprofit organization, founded and based in Washington, DC, operational since 2016. Breadcoin’s food token is a tool that enables people to work together in response to hunger needs.
Members (monthly donors) fund the Breadcoin economy each month. For just $25, you can put 10 Breadcoins into the hands of the nonprofits that will give them out, in the context of relationships, to those in need.
These vetted and trusted nonprofits distribute the Breadcoins to folks who are hungry or food-insecure (whether situationally or chronically), along with information about where, nearby, they can be used.
Recipients then go to the restaurant of their choice and use the Breadcoins like cash to select what to eat. The participating food vendors treat them like cash or a gift certificate with a current value of $2.20 and treat the customer the same as any paying customer, without stigma.
The vendors are eager to participate because they benefit from additional customers, publicity, and eligibility for micro-loans to grow their businesses. Our team cashes out with them monthly at full value.
Established to feed people, grow businesses, and link people of goodwill within neighborhoods, we currently operate in Anacostia, Brightwood, Brightwood Park, Brookland, Chinatown, Columbia Heights, Congress Heights, Eastern Market, Foggy Bottom, Ivy City/Trinidad, Langston, Metro Center, Naylor Gardens, Petworth, and Union Station as well as with food trucks and caterers that can bring food into a food desert. Some of our vendors operate in Farmers Markets.
We operate in Baltimore also, downtown, in West Baltimore and in Windsor Mill, with new locations added regularly in both cities.
Expansion to additional cities is planned.