Why Your Nonprofit Should Be Thinking About Bitcoin
“As a rule, nonprofits are more money-conscious than business enterprises are,” wrote the great management author Peter Drucker. Nonprofits could always use more money than they have available, and it is quite hard to raise money. While money is on everyone’s mind within nonprofits, the risks of holding larger amounts of money in cash or other “safe” assets like bonds are often not. If you are a board member, a CFO or a CEO of a nonprofit, you owe it to your mission to study Bitcoin. It is a promising technology that provides a hedge against the....
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The global nonprofit Operation Smile has announced the organization is now accepting crypto assets like bitcoin and dogecoin. The nonprofit is a surgical volunteer-based outfit that helps people with cleft conditions improve their lifestyles. Surgical Volunteer-Based Nonprofit Operation Smile Accepts Crypto Donations On July 18, one of the largest surgical volunteer-based nonprofit in the world, Operation Smile revealed the group is now accepting digital asset donations. The charitable organization invoked in 1982 leverages donations, volunteers, and public and private partnerships to....
Bitcoin is gradually gaining acceptance across the world as a digital currency. A lot of businesses across various sectors have started including bitcoin as one of the modes of transaction alongside fiat currency. Most businesses, except for those in the non-profit sector can easily setup a bitcoin based payment service and start using it in no time, without any hassle in terms of regulations and other legal implications. Why are nonprofit organizations singled out? When someone says nonprofit organization, we visualize social good. We think about the humanitarian causes supported by these....
Brink, a nonprofit founded by John Newbery and Mike Schmidt, will offer fellowship and support to Bitcoin and Bitcoin-adjacent developers. The post John Newbery’s New Nonprofit Brink Will Train And Support Bitcoin Developers appeared first on Bitcoin Magazine.
Heifer International, the leading US-based nonprofit organization will soon be accepting bitcoin donations from across the world. The non-profit industry is definitely warming up to the thought of adopting bitcoin as an additional channel for receiving donations. Heifer International, a 72-year-old nonprofit has become the latest one to join the ranks by tying up with BitPay. BitPay, the leading bitcoin payments processor has announced the inclusion of Heifer International into its client list in a recent blog post. The nonprofit organization was formed in 1944 to help the people affected....
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....