American Red Cross Now Accepts Bitcoin Donations
The American Red Cross has announced that it will now accept bitcoin through a partnership with BitPay. Founded in 1881, the American Red Cross is the official US affiliate of the International Red Cross and Red Crescent movement. The humanitarian organisation provides disaster relief and emergency assistance in the US and posted total operating revenues and expenses of $3.4bn for its fiscal year 2013. In a statement, BitPay's non-profit outreach leader Elizabeth Ploshay voiced her belief that the partnership would help showcase the generosity of bitcoin consumers to yet another charitable....
Related News
As Black Friday and Bitcoin Black Friday get closer, shoppers around the world can't wait to score amazing deals this holiday season. However, the holiday season isn't just about spending, but also about giving back to the community. And now, starting this Friday, with the support of BitPay, consumers will be able to make bitcoin donations to the American Red Cross, a nonprofit organisation that aims to help those in need here in America and around the world. Also read: Mozilla Foundation Now Accepts Bitcoin Donations. American Red Cross: Now Accepting Bitcoin. As many nonprofit....
One of the many measures of bitcoin's health over the past eighteen months has been just how many non-profit organizations accept donations of the digital currency. To date, there's been quite a few. And this week, we've learned that yet another major humanitarian organization is embracing bitcoin to support their mission. They're the American Red Cross, and Atlanta-based BitPay is giving them a helping hand by hosting a bitcoin donation page, in addition to processing all donations without fees (BitPay's services are free for non-profits). "Introducing the American Red Cross to the....
According to Tim Totten, the chair of the finance team at Fern Creek United Methodist Church in Louisville, Kentucky, who has been an active Bitcoiner for about two years now, he had been considering implementing Bitcoin donations for quite some time. We had a chat with him. I was always afraid of being too far out ahead of the curve. Once major charitable organizations such as United Way and the American Red Cross started accepting Bitcoin donations, I knew the time was right. The church, which has an active congregation of between four and five hundred people, now accepts Bitcoin....
The American Cancer Society and The Giving Block have created a new research fund that accepts crypto donations. In collaboration with crypto donations company The Giving Block, the American Cancer Society has set up the Cancer Crypto Fund, which seeks to raise at least $1 million by early 2021 to fund ongoing research initiatives. Donations to fund cancer research plunged 50% in 2020, reaching the lowest this century, according to the American Cancer Society. The sharp drop-off was attributed to the economic impact of COVID-19. According to the American Cancer Society:“The crypto....
One of Africa’s biggest wildlife conservancies, the Virunga National Park, which is situated in the Democratic Republic of Congo (DRC), says it now accepts donations via cryptocurrency. It says such donations will be used in helping to protect DRC’s famed “mountain gorillas and the ecosystems they inhabit.” Tax Efficient Way to Support Virunga In a statement recently published on its website, Virunga, which is home to one of Africa’s “oldest national park and most biologically diverse protected area,” says it will initially accept donations in the....