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Boost Your Fundraising Potential
Crypto Donations Offer 5x More Than Traditional Donations
With the average crypto donation being five times higher than traditional donations, accepting cryptocurrency can significantly increase the funds raised by nonprofits. This is a great opportunity for organizations to reach their fundraising goals and make a bigger impact.
Reach a New Audience
Tap into High-Earning Millennials and Crypto Enthusiasts
Cryptocurrency owners are typically millennials and high-income consumers, making this a valuable audience for nonprofits to reach. By accepting crypto donations, organizations can tap into a new market and engage with a younger, tech-savvy audience.
Save Money on Fees
Accepting Crypto Means Paying Lower Fees
Nonprofits typically pay a 1-2% fee on crypto donations, which is significantly less than the fees charged by credit card processors. Additionally, crypto donations are tax deductible, and donors can donate crypto directly, avoiding the need to sell assets and donate the sale price less taxes.
Access a New Source of Wealth
Cryptocurrency is a Growing Market
The total market capitalization of cryptocurrency has grown exponentially, providing nonprofits with the opportunity to tap into a new source of wealth. By accepting crypto donations, organizations can attract donors who have accumulated wealth in the crypto market and are looking to give back.
Who's Already Accepting Crypto Donations
Electronic Frontier Foundation
Support digital privacy and innovation by donating Bitcoin, Bitcoin Cash, or Ethereum.
The Water Project
Help bring clean water to sub-Saharan Africa with Bitcoin, Bitcoin Cash, Ethereum, Litecoin, or USDC.
Human Rights Foundation
Promote human rights and liberal democracy with a crypto donation in Bitcoin or Ethereum.
Greenpeace
Fight for a green and peaceful future with a Bitcoin donation.
Don't miss out on the opportunity to boost your fundraising potential and reach a new audience. Start accepting crypto donations today!
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FAQ
What is a crypto donation?
A crypto donation is a donation made using a cryptocurrency, such as Bitcoin or Ethereum, instead of traditional currency.
Why should nonprofits accept crypto donations?
Nonprofits should accept crypto donations because they offer the potential for larger donations, tap into a new audience of high-earning millennials and crypto enthusiasts, and allow organizations to save money on fees.
How do crypto donations work?
Crypto donations work by the donor transferring cryptocurrency to the nonprofit's digital wallet. The nonprofit can then convert the cryptocurrency into traditional currency or hold onto it as an investment.
Are crypto donations tax deductible?
Yes, crypto donations are tax deductible. Donors can deduct the fair market value of the cryptocurrency at the time of the donation.
Is it safe to accept crypto donations?
Accepting crypto donations can be safe if the nonprofit takes the necessary security measures, such as using a reputable digital wallet and implementing strong password protocols. However, like any financial transaction, there is always some level of risk involved.