According to Odaily Planet Daily, Lifeboat Foundation claims to be committed to "protecting humanity" and is associated with well-known figures such as Jeffrey Epstein and Vitalik Buterin. Although it claims to have a non-profit 501(c)(3) status, it has been on the IRS's automatic revocation list since 2020. The foundation has accepted cryptocurrency donations since 2013, with the first donation of 500 bitcoins from Brian Cartmell. It currently holds a large amount of cryptocurrency and does not immediately convert it into fiat currency. Among the donors are Jaan Tallinn and Charlie Shrem, who have received a total of more than 1,100 bitcoins and 190 Ethereum. Currently, most donors are businesses that hope to improve their search engine rankings by displaying their names and links on their websites.