2021-12-30T18:09:08-08:00 2020-12-31 208959260 SKIDMORE & OLAUSSON PLLC 801 N 500 W STE 102 BOUNTIFUL UT 84010 990 2020-01-01 813702995 Sovrin Foundation SOVR 170 S Main Street 1000 Salt Lake City UT 84101 Stephen Curran Board Chair 2021-12-30 true Stephen Curran 999009999 Jordan K Toone CPA P01774028 8019518900 0 AAL1 IAL1 FAL1 2020 2022-09-23 18:48:47Z X Stephen Curran 170 S Main Street 1000 Salt Lake City UT 84101 777269 false X https://sovrin.org X 2016 UT The purpose of the foudnation (Sovrin) is to provide a global public utility for self-sovereign (i.e. user controlled) internet identity that streamlines interactions and enables stronger levels of trust among all individuals, organizations and things. 22 19 17 300 0 1371318 753966 173175 17395 198 4 5904 1544691 777269 0 0 1853368 367553 0 350407 2078091 600079 3931459 967632 -2386768 -190363 411627 60001 2236022 2073752 -1824395 -2013751 The purpose of the foudnation (Sovrin) is to provide a global public utility for self-sovereign (i.e. user controlled) internet identity that streamlines interactions and enables stronger levels of trust among all individuals, organizations and things. true true 258220 1080 Network Growth:1. Attended and presented information at many conferences to educate and encourage development and adoption of Sovrin Network.2. Continued to cultivate open source software development community within Linux Foundation's Hyperledger Indy and Ursa.3. Upgraded and added to Foundation website to attract Stewards and software development community and to educate about the virtues of self-sovereign identity and the Sovrin Network.4. Engaged experts in legal regulation to validate assumptions about Sovrin Network operations and intruction of a native token.5. Published original content to help educate the technology community about self-sovereign identity.6. Hosted "Network-of-networks" conference for Hyperledger Indy networksBy making Foundations technology open-source it is available to all to use without paying a license fee to the Foundation. This promotes our mission to provide a global public utility for self-sovereign identity. 110690 16314 Network Development and Operations:1. Exploited the Sovrin Network for public use and billed for ledger write activity2. Operated network providing oversight and coordination among the Stewards operating nodes 1501 Identity for all:1. Developed written resources to assist humanitarian organizations in adopting self-sovereign identity2. Published a paper on Guardianship in SSI3. Provided expert consultation to help the technology industry understand the needs of humanitarian organizations in providing digital identity to those people they serve4. Provided guidance for organizational governance when addressing policies that will impact the people that humanitarian organizations assist5. Introduction of "Principles of SSI" in 16 languages6. Development of Digital Identity white paper7. Release of "Compliance & Inclusive Finance Rulebook"8. Publication of white paper "Self-Sovereign Identity and IoT" 370411 false true false false false false false false false false false false false true false false false false false false false false false false false false false false false false false false true false false false false false false false false false false false false true 9 0 true 17 true false false false false true true false false false X 22 19 true false false false false false false true true false false true true true true true true true true false UT X Line Kofoed 4752953001 170 S Main Street Ste 1000 Salt Lake City UT 84101 Heather C Dahl CEO 40.00 0.00 X X 133750 0 0 Nathan D George CTO 40.00 0.00 X 52500 0 0 Phil J Windley Trustee 2.00 0.00 X X 10020 0 0 Stephen Curran Trustee/Chair 2.00 0.00 X X 0 0 0 Nichola Hickman Trustee 2.00 0.00 X X 0 0 0 Andre Kudra Trustee 2.00 0.00 X 0 0 0 Philippe Page Trustee 2.00 0.00 X X 0 0 0 Lohan Spies Trustee 2.00 0.00 X 0 0 0 Marta Piekarska-Geater Trustee 2.00 0.00 X 0 0 0 Chris Raczkowski Trustee 2.00 0.00 X X 0 0 0 Sankarshan Mukhopadhyay Trustee 2.00 0.00 X 0 0 0 Jamie Stirling Trustee 2.00 0.00 X 0 0 0 Sam Smith Trustee 2.00 0.00 X X 0 0 0 Drummond Read Trustee 2.00 0.00 X X 0 0 0 Joyce Searls Trustee 2.00 0.00 X 0 0 0 Rondle Amstutz Trustee 2.00 0.00 X 0 0 0 Tim Brown Trustee 2.00 0.00 X 0 0 0 Peter Simpson Trustee 2.00 0.00 X 0 0 0 Mawaki Chango Trustee 2.00 0.00 X 0 0 0 Kazue Sako Trustee 2.00 0.00 X 0 0 0 Jason Law Trustee 2.00 0.00 X 0 0 0 Rebecca Goldin Trustee 2.00 0.00 X 0 0 0 196270 1 false false false Perkins Coie LLP PO Box 24643 Seattle WA 98124 Legal 504464 1 753966 753966 Ledger Write Fees 519190 17395 17395 17395 4 4 0 0 0 0 0 0 5904 5904 5904 0 777269 17395 5908 X 0 0 0 0 196270 122363 73907 0 131076 131076 0 9335 9335 30872 24178 6694 0 386994 21572 21577 343845 800 800 0 0 0 120914 52404 67421 1089 0 955 955 625 352 273 0 42000 42000 14764 8872 851 5041 0 0 30462 235 29815 412 0 0 2203 2203 Bank Fees 362 24 318 20 0 967632 370411 246814 350407 221888 3224 125 43093 0 177614 13684 0 0 0 0 0 0 0 0 0 0 12000 0 411627 60001 1209384 352135 33801 174503 500000 500000 1360000 179951 2236022 2073752 X -1824395 -2013751 -1824395 -2013751 411627 60001 X -190363 1007 X false false false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED Accrued Interest 29339 Credit Card Payable 711 EIDL Loan 149900 Rounding 1 179951 Roy Avondet-NSP LLC CFO Srvc Unpaid X 100000 false true false Phil Windley-PJW LC Trustee Srvc Unpaid X 60000 false true false 160000 Form 990, Part VI, Line 11b: Form 990 Review Process Form 990 was circulated to the Board of Trustees for comment prior to filing. The Form 990 is also reviewed by the Board Chair and Executive Committee. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts Each member of the Board of Trustees addresses any conflicts of interest identified. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management Compensation of officers, including contracted services, includes a review and approval by the Executive Committee. The Executive Committee review includes consideration of comparability data. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees Compensation of officers, including contracted services, includes a review and approval by the Executive Committee. The Executive Committee review includes consideration of comparability data. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available Articles of Incorporation, By-Laws and conflict of interest policy are available by request. Other Foundation operating procedures are available on our website (www.sovrin.org) Other Changes In Net Assets Or Fund Balances - Other Increases Prior Period Adj. = $1007