Bitwave for Nonprofits

Open the doors to new crypto donations.

Crypto donations are here. Handle new accounting and tax processes easily.

Schedule a Demo

Integrations

The next generation of donors use crypto.

Young, tech-savvy investors are embracing digital assets, and the charitable sector is catching on. Major global and national players in the nonprofit space are accepting cryptocurrency as a new revenue source.  

Crypto investors seeking ways to reduce their tax burdens are discovering charitable giving as the perfect solution. Donations of crypto can be considered charitable write-offs for donors and are tax-free for the nonprofit. The average value of a crypto donation in 2021 was $10,455 – more than 82 times the average cash donation. Your traditional finance system can’t support these transactions, and it’s time to capture exciting new crypto fundraising possibilities.

Data About Crypto Donations

$69,644,535

annual volume of crypto donations in 2021.
Source

$10,455

average value of a crypto donation in 2021.
Source

94%

of crypto buyers are between the ages of 18-40.
Source

Features

Accounting icon showcasing a document with a pencil with crypto nodes protruding from the left and right hand side

Accounting

  • Automatic transaction capture and categorization
  • Integration with general ledgers
  • Revenue/expense tracking
  • Customer liability and asset tracking
  • Automatic reconciliation
Reconcile revenue icon showing a digital assets with lines and nodes coming off of it with a positive checkmark in the center of the coin

Tax

  • Coin inventory tracking
  • Automatic cost basis and token pricing
  • Continuous gain/loss tracking
  • Impairment/impairment tracking
  • DeFi, lending, and borrowing
Compliance icon showcasing a list report with crypto nodes coming off the left side and a lock pad with a check mark on the right side

Treasury Management

  • Track tokens, NFTs, and digital assets
  • Accurately reflect digital asset values with mark-to-market updates
  • Maintain a single view into all digital assets you hold
Schedule a Demo

Methods of Accepting Crypto Donations

No matter how you want to accept digital asset donations, we'll handle the bookkeeping and accounting.

  • Direct donation of cryptocurrency
  • Nonfungible Tokens (NFTs)
  • Decentralized finance (DeFi) platforms
  • Crypto charity coins and tokens