Bitcoin and the Future of Fundraising

<p>The <a href="https://www.thenonprofittimes.com/fundraising/acs-puts-price-tag-on-crypto-fund-naming-rights/">American Cancer Society aims to raise $1 million exclusively through cryptocurrency</a>. Its <a href="https://www.cancer.org/involved/donate/more-ways-to-give/donate-cryptocurrency/cryptocurrency-campaign-fund.html">Cancer Crypto Fund</a> will be renamed in honor of the first donor to contribute $250,000. Donations of at least $10,000 will appear on the Cancer Crypto Fund Wall of Honor. The <a href="https://www.thenonprofittimes.com/fundraising/salvation-armys-holiday-giving-up-27/">Salvation Army launched a cryptocurrency option the week before Christmas</a> and received 13 donations, including one donor who gave 2 Bitcoins.</p> <p>Jason Shim and Anne Connelly join this episode to talk about their new book, <a href="https://bitcoinfundraising.com/" rel="noopener noreferrer" target="_blank"><em>"Bitcoin and the Future of Fundraising: A Beginner's Guide to Cryptocurrency Donations."</em></a> They discuss how nonprofits can get started accepting cryptocurrencies, why they think charities should, and the future of cryptocurrency.</p> <p>A board member of <a href="http://www.nten.org/" rel="noopener noreferrer" target="_blank">NTEN</a>, Shim is director of digital strategy and transformation at <a href="https://www.pathwaystoeducation.ca/" rel="noopener noreferrer" target="_blank">Pathways to Education Canada</a>, an organization dedicated to helping youth in low-income communities to graduate from high school. In 2013, it was the first charity to issue tax receipts for Bitcoin donations.</p> <p>Connelly is on the faculty at Singularity University, a company that offers executive educational programs, a business incubator and innovation consultancy service. She previously worked with Doctors Without Borders as a field worker in Central Africa and as a fundraiser in their offices in Canada and Ireland.</p> <p>American Cancer Society so far has raised $400,000 in its Cancer Crypto Fund, including 10 donations