Operations and Finance Update for November 2023

Operations Update

Summary

• Here we present the operational and finance overview for November which includes compensation payments for reviewers and payments to the Neutron Grants Foundation’s accountants, accounting software, and other software providers

Key Developments

• In early November the Neutron Grants Program officially opens applications and we have been diligently reviewing the over 30 submissions we have had from developers and entrepreneurs from across the Cosmos ecosystem. We are aiming to announce the first grant batch later this month

Financial Update

Below we detail the Neutron Grants Foundation’s Balance Sheet, Profit and Loss statement, asset report, and breakdown of its transactions in October. All figures are denominated in US dollars unless stated otherwise. The corresponding addresses for the listed accounts is as follows:

• Neutron Grants Fund: neutron1zjdv3u6svlazlydmje2qcp44yqkt0059chz8gmyl5yrklmgv6fzq9chelu
• Neutron Ops Fund (1): neutron18e8vga4gqaerheumv05xausjctf8qj8suw9l2swm3c5f7z864yysx73nw2
• Neutron Ops Fund (2): neutron1h8g6fpyj8kemq9ny3g98nrcuea4rtlwtql9g0pl6x3ncsn4t8gaq7zzrvd

Neutron Grants Foundation Balance Sheet as of 30 November 2023

Neutron Grants Foundation Profit and Loss for November 2023

Neutron Grants Foundation Asset Report as of 30 November 2023

Please note that, unlike for the Balance Sheet, the asset report marks the values of the Neutron Grants Foundation’s assets to 30th November 2023 at their fair market value.

Neutron Grants Foundation Transactions for November 2023

The following table summarizes the transactions associated with wallets or bank accounts associated with the Neutron Grants Foundation.

Conclusion

We hope this short summary of the Neutron Grants Foundation’s operations and finances and feel free to reach out at grants@neutrongrants.com if you have any questions.