Decoding Cryptodonations: Fundraising in the Next Frontier

If you felt like there was a ramped-up flurry of news about cryptocurrency and crypto donations at the end of 2021, you’re not alone. Somehow, in the blink of an eye, this seemingly intangible, ever so out of reach, asset of sorts was suddenly mainstream.

At the end of 2021, contributions from cryptocurrency were in the estimated billions up from $200 million in 2019. Today, there are 200 million crypto holders in the world. In the U.S. alone, an estimated 21 million people own cryptocurrency. The number of crypto holders and the increase in contributions using this type of currency all point to a new trend in philanthropy that’s worth noting.

Join Barbara O’Reilly, CFRE, Principal of Windmill Hill Consulting, and Mark Ulrich, cofounder and CEO of every.org, as they break down the 101 on cryptocurrency, how it may be creating a new type of philanthropist, and pros and cons to consider when integrating it into your nonprofit’s fundraising and in making the case to your board, CEO, and CFO to accept this form of currency.

Key Takeaways:

• Identify what cryptocurrency is and the way of giving we’re seeing.
• Understand how nonprofits are using cryptophilanthropy in their fundraising strategies.
• Articulate factors to consider when making the case to your board, CEO, and CFO to accept cryptodonations.