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Cryptocurrency donations are providing a much-needed lifeline to hard-up charities right now. ... Selling bitcoin and donating the after-tax fiat proceeds usually attracts a capital gains levy. By sending crypto directly to charities this is avoided, plus they receive the full value of the contributions.
Since the creation of Bitcoin-the first modern cryptocurrency-the value of all cryptocurrencies has grown from nothing to over a trillion dollars, creating a new generation of philanthropists. In this easy to understand, step-by-step guide, fundraisers and cryptocurrency experts Jason Shim and Anne Connelly explain just what Bitcoin and cryptocurrencies are, how they're transforming the non-profit sector, and how you and your organization can set up a donation program to engage donors today!
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