How to Accept Crypto Donations: A Simple Guide for Charities

Why Accept Crypto Donations?

For charities that want to broaden their funding sources and attract new donors, adapting to crypto can be a game-changer. The benefits are clear:

• Access to new donors – Many crypto enthusiasts are young, tech-savvy, and inclined to make large donations. By welcoming crypto, you can make your charity more appealing to a class of donors that current campaigns overlook. 
• Future-proofing charitable funding – Traditional donations are spent once and gone forever. But with the right strategy, crypto donations can grow, providing charities with sustainable, long-term funding.

How Can Charities Accept Crypto Donations?

Not all charities manage crypto the same way. There are the three main approaches:

1. Set Up a Crypto Wallet and Manage Donations In-House

Some charities accept crypto directly, having chosen to set up and manage their own wallets. The upside is that this approach gives organisations full control – but it does come with some challenges too:

✔ Full ownership of crypto donations
✔ No third-party fees for conversion or storage
✘ Calls for technical expertise (e.g. to manage private keys and security)
✘ Financial decision-making skills regarding when to hold or sell, which can add complexity

2. Use a Crypto-to-Fiat Processor 

Not keen on managing crypto yourself? Well, platforms like The Giving Block make it fairly easy. Charities can plug their software into their website, accept crypto donations, and have them automatically converted into fiat in a flash (which means they can access the money straight away). But there are some downsides along with those advantages:

✔ Simple setup that doesn’t require ongoing expertise
✔ Opens up access to new segments of donors
✘ Charities miss out on crypto’s long-term growth potential
✘ One-time funding – once the money’s spent, it’s gone for good

3. EverGive: A More Sustainable Model

EverGive offers an alternative for charities that want to benefit from the long-term value of crypto. Instead of spending donations right away, EverGive allows charities to grow their funding over time.

Here’s how it works:

1. ️Donors Give in Fiat (crypto coming soon!) – Supporters contribute using traditional currencies, as a one-time gift or a recurring contribution, and EverGive handles the conversion to Bitcoin.
2. Funds Are Securely Held – Donations are invested in a Bitcoin fund through our regulated charity partner (Donor Advised Fund), and are held, allowing them to grow over a longer timeframe. This longer-term approach helps smooth out short-term price fluctuations, as Bitcoin's growth potential has historically been very strong.
3. Reliable Monthly Payouts – Charities receive consistent monthly payments (typically 2-7% annually of the fund's value), providing reliable ongoing support regardless of short-term market fluctuations, creating a sustainable, self-replenishing funding stream.

Accept Crypto Donations the Smart Way

Many charities miss out on the value of crypto because they don’t have the right tools or know-how – or because they convert them to cash immediately and miss out on the potential growth.

EverGive changes that.  We make it easy, safe, and sustainable for charities to adapt to crypto philanthropy and build lasting financial stability.

Want to start benefiting from Bitcoin today? Partner with EverGive now.

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