Bitcoin scholars fund launches to redirect $21 million in federal taxes into K-12 Bitcoin education

A new Texas-registered nonprofit launched Tuesday with plans to redirect $21 million in federal tax dollars into bitcoin and financial literacy education for K-12 students by 2027.

Launch and legal framework

Bitcoin Scholars Fund officially launched April 15, 2026, as a 501(c)(3) Scholarship Granting Organization (SGO) operating under the One Big Beautiful Bill Act, also known as Public Law 119-21, signed into law July 4, 2025.

The law created a tax credit scholarship program for elementary and secondary education, effective for tax year 2027, with credits claimed in 2028. The program is described as the first federal initiative of its kind.

How the tax credit scholarship program works

Under the program, individual donors can contribute up to $1,700 per year to a qualified SGO and receive a 100% dollar-for-dollar nonrefundable federal tax credit. Couples can contribute up to $3,400. The fund says the net cost to a donor giving the maximum individual amount is zero.

Bitcoin Scholars Fund is structured as a qualified SGO under the law. Federal regulations require SGOs to direct at least 90% of donations to scholarships, and the fund says it is targeting near-100% efficiency.

Scholarship design and funding targets

Scholarship funds are intended to support eligible K-12 students attending private or participating schools, covering qualified education expenses tied to bitcoin and financial literacy programs. The fund states that scholarships are tax-free to recipients under related provisions of the law.

The fund’s stated goal is to redirect $21 million in federal tax dollars into the program by 2027.

Operations model and treasury approach

The fund describes its operational model as “Zero-Leakage.” It says it is building a treasury that includes an allocation to STRC, the perpetual preferred stock issued by Strategy Inc., which the fund describes as a high-yield, low-volatility instrument tied to bitcoin accumulation. The fund also says bitcoin donations earmarked for operations will be held in Bitcoin.

Leadership and advisors

Phil Geiger, Head of Business Development at Metaplanet and a former Unchained Capital executive, is listed among the fund’s board and advisors. Jessy Gilger, a certified financial planner and founder of Gannett Wealth Advisors, helped announce the launch. Lisa Neigut, a registered agent and recognized Bitcoin developer, is also connected to the organization.

Timeline and donor contributions

Scholarship operations are set to go live January 3, 2027. The fund says donors can contribute to the 2026 operations budget now, in either bitcoin or fiat, through bitcoinscholars.org.