If you’ve been keeping up with the latest philanthropy trends, you may have heard about a rise in newer, noncash forms of giving like stocks and cryptocurrency. These types of giving tend to be popular with higher-income donors, making them seem like a great opportunity for nonprofits looking to boost their fundraising results.
But are cryptocurrency donations really the future of fundraising, or are they just a fad that will disappear in a few years? Is it worth it for your nonprofit to invest time and money into cultivating crypto gifts, or should you focus your efforts elsewhere?
To explore both of these questions, we’ll give you an overview of everything your nonprofit needs to know about cryptocurrency donations and their place in the nonprofit sector.