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.