Digital asset considerations for not-for-profits
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Digital asset considerations for not-for-profits

2 years ago · 2 min read

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Contributions of cryptocurrency continue to dramatically rise as the value of Bitcoin and other types of digital currency increases. According to Fidelity Charitable, donors contributed $331 million in digital assets in 2021, representing a nearly twelvefold increase over the $28 million contributed in 2020. This is part of the 66% of contribution dollars to Fidelity Charitable that were in the form of non-cash assets.

One method of accepting digital asset donations is through third-party processors. Giving Block, Engiven, and Every.org

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