10 Beginner resources for nonprofit crypto philanthropy
The rising millennial philanthropist
“Stop trying to figure out millennials and just include them.”
The Millennial Impact Project is the most comprehensive and trusted study on the millennial generation (born 1980-2000) and their involvement with nonprofit causes. Through studies of 25,000+ participants, organizations have gained a deeper understanding of the best approaches to cultivate interest and involvement with the millennial generation.
The project is unique. It includes dozens of candid quotes from participants, like the one above, which was submitted by a participant in 2012.
Millennials have opinions, attitudes and standards. Their behavior is actually quite predictable.
But most importantly, they want to be included. And they should be, because they are the next generation of givers.
This demographic is future-focused and values organizations that have their eyes on tomorrow, too. With cryptocurrency being the newest frontier in fundraising and giving, nonprofit crypto donor opportunities can help forge invaluable relationships with the next generation of philanthropists via this hot, contemporary and innovative mode of support.
Thinking about crypto? This is for you.
Believe it or not, accepting cryptocurrency donations is easy. Open an account, receive donations, automatically convert them for cash, and issue automated tax receipts.
But wait, that sounds like it’s a bit oversimplified. I know you’re not ready to jump in just yet.
If you are considering accepting crypto donations here are 10 resources to help you get started.
Cryptocurrency 101 is a clear breakdown that explains what nonprofits need to know about fundraising these gifts.
Yes, or no? Should your nonprofit accept crypto donations? What would this mean for your organization?
How to accept crypto Most nonprofit organizations don’t think about cryptocurrency until a donor offers to make a gift of bitcoin or ethereum. Here’s a "how-to-accept" overview.
The language A crypto glossary for nonprofits and donors that includes 35+ terms and what they mean
Crypto payments processor, “Engiven” A donation solution designed specifically for charities, with the ability to add multiple program designations.
Crypto payments processor, “The Giving Block” A donation solution designed specifically for charities, recommended for nonprofits that want a more guided, in-depth experience to accepting cryptocurrency donations and assistance in building a community around crypto donors.
Crypto payments processor, “Every.org” Recommended for nonprofits that want to get started quickly and easily without investing a ton of time and money.
Accounting basics AICPA bitcoin basics for nonprofits, a run-down that covers accepting and valuing crypto gifts
Prepare your organization Get ready to accept cryptocurrency gifts, have internal dialogue, do vendor research, and more.
Reach your audience 4 tips to get your organization in front of more crypto donors
Let's continue to help nonprofits, together.
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