The BitGive Foundation: A Bitcoin-powered Nonprofit Doing a World of Good
Bitcoin conferences have been the birthing grounds for many a successful startup. They have attracted some of the best business minds and biggest VC investors. But when Connie Gallippi went to San Jose for her first conference in back in 2013, she saw a different sort of opportunity altogether; the opportunity to create a philanthropic organization that....
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Established in 2013 by Connie Gallippi, the recognized 501c3 nonprofit BitGive is known for its work with projects such as Save the Children, The Water Project, and Medic Mobile. The group is also in building a Donation Transparency Platform for nonprofits as a “Charity 2.0” project that aims to revolutionize philanthropy. Gallippi chatted with....
The BitGive Foundation — celebrating its 2nd Anniversary — is asking for donations to fund its mission to demonstrate the social value of Bitcoin to people around the world. To encourage donations, BitGive will hold an online auction on the occasion. Connie Gallippi, Founder and Executive Director of BitGive, took an early leadership role in Bitcoin philanthropy, founding BitGive in mid-2013. Gallippi aims to spread the knowledge about Bitcoin across the world. Pursuing the goal, the organization is organizing a fundraiser through an auction that will support the BitGive in its efforts.
The BitGive Foundation announced today that it has become the first nonprofit bitcoin organization to achieve 501(c)(3) status, meaning the Internal Revenue Service (IRS) officially recognizes it as a charitable organisation in the US. This means that any gains made by the foundation will not be taxed, thus directing more money to its supported causes. BitGive executive director Connie Gallippi told CoinDesk that it is about more than just money, however: "It does give us legitimacy with the US government, which has been a huge struggle for bitcoin as far as businesses are concerned."....
BitGive Foundation, a nonprofit organization, is revolutionizing the way in which people donate to charity through its beta launch of GiveTrack, a blockchain-based multidimensional donation platform that provides the ability to transfer, track and provide a permanent record of financial transactions across the globe from beginning to end. Connie Gallippi, founder of BitGive, said to Bitcoin Magazine that since BitGive's establishment in 2013, people have been asking them about leveraging the transparency aspects of bitcoin and blockchain technology for charities. However, as a young....
What do most Americans and for that matter, individuals around the world do the day after Thanksgiving? SHOP. Well, this year, The BitGive Foundation is partnering with Bitcoin Black Fridayto provide you an opportunity to give back through a donation drive. Bitcoin Magazine encourages you to look into giving back with the best way to give: through Bitcoin! BitGive issued the following press release: BITGIVE FOUNDATION - BITCOIN CHARITY DRIVE ON BLACK FRIDAY. A Charitable Giving Organization of the Bitcoin Community. (Sacramento, CA - November 22, 2013) - The BitGive Foundationis partnering....