Are you looking for the most efficient way to make crypto-based charitable contributions? If so, you’re in luck because The Giving Block makes donating cryptocurrency easier than ever before. The Giving Block is the premier platform for nonprofit organizations, charities, schools, and faith-based organizations to receive donations of Bitcoin, Ethereum, and other cryptocurrencies. Its mission is to reduce the burden of the tax gain associated with the donation process, making the entire experience easier and more efficient.
The Giving Block has the ability to accept crypto donations from big, small, domestic, and international organizations. This means that donors have the flexibility they need when it comes to contributing their hard-earned crypto to a worthwhile cause.
Origins
The Giving Block was founded in 2018 during the 2017-2018 bull market when thousands of people and organizations made fortunes investing in crypto. It became apparent that few nonprofits were well-equipped to handle large crypto donations, and were even worse equipped to take advantage of the tax benefits of those donations. The realization of this gap is how The Giving Block was born.
Services
For Donors
For the individual donor, The Giving Block will make sure the donation is tax-optimized so that more of the donation actually reaches the intended recipient. They structure the donation in the best possible way for maximum effectiveness with no additional paperwork required.
For organizational donors, The Giving Block provides a secure, private, and white-gloved donation transaction process. They also provide full end-to-end services for the actual transaction itself, which could be valuable for an organization that isn’t well-versed in dealing with large amounts of crypto. One of the nice features is they allow for an organization to be involved as much or as little as they desire. Certain organizations might need simple oversight, whereas another organization might need the full transaction handled for them.
For Nonprofits
The Giving Block provides a full suite of products and tools that enable nonprofits to accept crypto donations in an efficient and repeatable manner.
The actual product consists of:
- A unique Donation Widget
- Access to Client Dashboard
- Automated Tax Receipts for Donors
- Support for 70+ Cryptocurrencies
- The ability to hold or automatically convert crypto donations to cash
You can find out more about the full suite here.
Finally, in addition to products and tools, The Giving Block also offers fundraising strategies for nonprofits. Features of the fundraising strategy include:
- Setting up the donation widget
- Creating a custom landing page
- Dashboard training
- Crypto education
- Social media 101
- How to create a viral campaign
- Providing access to crypto and NFT communities
Final Thoughts
The Giving Block could be a great platform for anyone who wants to make the most of their crypto-based charitable donations. With the ability to accept donations from organizations around the world, the tax optimization, and the full suite of products and tools, The Giving Block could help make the entire donation process easier and more efficient. So if you’re looking for the most efficient way to make crypto-based charitable contributions, The Giving Block could be the ideal platform for you.
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