Charity donations: How much cryptocurrency have we raised so far?
Help us reach our donation goal this holiday season and join our donation leaderboard for Save the Children’s HODL Hope Campaign.
Save the Children’s crypto philanthropy journey
Save the Children was the first iNGO (international Non-Governmental Organization) to accept a bitcoin donation in 2013 in response to Typhoon Haiyan which struck Southeast Asia and devastated the Philippines.
Around the world children are being robbed of their futures by a global economy built on inequality and greed. With your continued support, Save the Children believes that blockchain technology and cryptocurrencies can be a force for good and a force for financial inclusion.
Which cryptocurrencies do Save the Children accept?
Save the Children’s crypto fundraising is powered by The Giving Block and our crypto wallet custodian, Gemini*. We can accept any cryptocurrency currently available on the Gemini Exchange.
We accept multiple cryptocurrencies, including but not limited to: Bitcoin (BTC), Ethereum (ETH) and USDC. For the latest list of cryptocurrencies, we accept*, please visit our crypto donation page.
*Gemini regularly adds new cryptocurrencies to their platform for trading.
Your crypto donation could be matched!
There are various automatic crypto matches running for donations to Save the Children. Please visit The Giving Block for the latest information. Please note that Save the Children receives matches only for donations made directly to us.
Donating a cryptocurrency that is not available on our wallet?
You can also donate Cardano (ADA), Algorand (ALGO), Cosmos (ATOMA), Polkadot (DOT), Flow (FLOW), Solana (SOL), Tether (USDT), and or Stella (XLM) to Save the Children.
Donating NFTs?
We accept the proceeds from an NFT sale once converted to a cryptocurrency such as ETH.
For an NFT or other smart contract, you can dynamically generate a unique, static, reusable wallet address for Save the Children with these simple steps:
Step 1: Input a comment in the “Donation notes” field (optional)
Step 2: Select the crypto type
Step 3: Click the CONTINUE button
Step 4: Add your email and/or contact information (optional if you would like an email confirmation)
Step 5: Click the CONTINUE button
Step 6: Copy and paste the dynamic address or QR code that is generated.
What is #CryptoGivingTuesday?
#CryptoGivingTuesday is the unofficial start of #BagSeason, the holiday giving season for the crypto community. It takes place annually on the Tuesday after the Thanksgiving holiday.
What is #NFTuesday?
#NFTuesday brings together NFT marketplaces, artists, galleries and projects to bring visibility and raise funds for important causes.
Is my cryptocurrency charitable donation tax deductible?
Yes, your cryptocurrency donation is tax deductible*. Save the Children offers supporters who want to donate cryptocurrency to charity the ability to donate in a tax-efficient way. The IRS classifies cryptocurrency donations as property, meaning they are not subject to capital gains tax and are tax-deductible. Your contribution is tax-deductible to the fullest extent permitted by law.
For example, for donors in the United States, the IRS has classified bitcoin as property for tax purposes. This means that when someone donates bitcoin and other cryptocurrencies to a 501(c)(3) nonprofit such as Save the Children, donors do not have to pay capital gains tax and it is tax-deductible if you provide your email address.
*Subject to change. Please consult your tax advisor.
Can I donate anonymously?
Yes, you can donate anonymously. However, you will not receive a tax receipt unless you provide your email address.
What happens to my cryptocurrency once it is donated to Save the Children?
Save the Children US accepts cryptocurrency donations directly through our crypto donation page, powered by Gemini and The Giving Block. Donations are immediately sold and converted to US Dollars. We do this so that we can operationalize your donations to have immediate impact for the families and children we serve.
Is donating crypto to Save the Children safe and secure?
Yes, donating cryptocurrency to Save the Children US is safe and secure. Save the Children’s crypto partners have industry leading security controls to ensure a safe and trusted fundraising platform and are subject to global regulator security requirements.
Can you donate cryptocurrency to Save the Children from outside the United States?
Yes, cryptocurrency can be donated to Save the Children from anywhere around the world, with the exception that Save the Children do not currently accept donations from individuals located in OFAC sanctioned countries due to US regulations.
