A new nonprofit initiative, the Bitcoin Scholars Fund (BSF), announced plans attempting to redirect $21 million from federal coffers into K–12 Bitcoin education by 2027. The organization unveiled its mission on X, promoting what it calls a “modern alternative” to government-backed education funding.
According to group statements, the fund will leverage the One Big Beautiful Bill Act beginning in 2027, allowing individuals to claim a 1:1 federal tax credit for donations up to $1,700 — or $3,400 for couples — toward Bitcoin-focused curricula. The organization says this structure effectively makes the contribution “net cost $0” for donors while channeling funds directly into classrooms.
In other words, a taxpayer with a standard 8,000 dollar federal bill could donate 1,700 dollars to the Bitcoin Scholars Fund, receive a full 1,700 dollar federal credit, and still remit 8,000 dollars total — effectively redirecting part of their liability from general revenues into Bitcoin education at no additional net cost.
bitcoinmagazine.com