Built With Bitcoin was founded in 2017 after Ray Youssef, then chief executive of the exchange Paxful, approached Yusuf Nessary about a bitcoin donation. The two launched an organisation that built schools, water wells, filtration systems and sustainable gardens, paid for in bitcoin, mostly in Nigeria, Rwanda, Kenya, Ghana and South Africa. Its own site described it as a humanitarian organisation providing clean water, education, sustainable farming and humanitarian support, all powered by Bitcoin.
Its legal shape is the part directories usually invent. The archived financial reports page states that the organisation was audited by Grant and Smith, LLP and fiscally sponsored by Social Good Fund, Inc. Fiscal sponsorship means the project operated under another charity's tax exemption rather than holding its own, and a search of the IRS exempt-organisation data returns no registration under the Built With Bitcoin name. That is not proof that no entity exists, so the structure is recorded as undocumented.
Documented work includes a technology and education centre opened in Ejisu, Ghana in December 2022, presented as a legacy project for the first Africa Bitcoin Conference; a water project in Igbaruku, Nigeria; and an education centre built with Bitcoin Ekasi in South Africa.
The status is the uncomfortable part. The last substantive capture of builtwithbitcoin.org is from December 2023. By April 2024 the domain was serving an unrelated online gambling site, as it still does, and builtwithbitcoin.com resolves to a parking page. No press release, closure notice or successor site has been published, and no project has been documented since 2023, so the entry is marked dormant rather than defunct. The website field is left empty deliberately: the old address no longer belongs to the foundation and should not be linked.