You'll need to create a crypto wallet in order to claim an organization using our blockchain application at Endaoment. Keep in mind that you will be able to determine how you'd like withdraw granted funds (via Wire transfer or as "digital dollars").
In our opinion, MetaMask is the best and simplest way to go about creating your organization's crypto wallet. The wallet you setup here simply simply serves as your user login to Endaoment.
In order to access dollars granted to your organization, you'll need to first claim your organization on Endaoment using your crypto wallet. Once that's set up, we can begin the process of transferring funds to your organization!
All organization URLs on our site are organized using the IRS assigned EIN:
Once you have claimed your organization, you will be able to withdraw any granted funds that have been approved by Endaoment. If you haven't received any grants yet, time to get the word out. When you do, you'll have two options in terms of the withdrawal:
1) You can have the funds transferred to your organization's crypto currency wallet for next to nothing* as USDC.
2) You can pay a $25 wire fee (deducted from the granted amount) and have the funds directly deposited into a bank account as USD.
*Costs will vary depending on Ethereum network load