Hope for Haiti is Now Accepting Cryptocurrency Donations: Here’s Why.
Hope for Haiti is now accepting cryptocurrency as a form of donation. Over the course of the last year, we have been inspired by what we’ve learned from crypto and blockchain advocates at the Haiti Tech Summit and the Haiti Funders Conference, and we’ve decided to take action. Here’s why:
First, we’ve seen a large amount of cryptocurrency donations flow into other charities to support their missions, and very well respected organizations are currently accepting crypto donations. These organizations include Charity Navigator, Fidelity Charitable, and the ACLU.
Second, because cryptocurrency is now an established channel for charitable giving, we are able to use a gift acceptance policy in the same way we manage stock donations and immediately sell cryptocurrency once it’s received. This allows us to receive the financial value intended by the donor at the time of the donation, avoiding volatility in the market. It also makes it easy to put funds to use immediately to support our mission in Haiti, rather than maintaining them as an investment for the future.
Lastly, it’s never been easier to accept cryptocurrency as a donation. Through The Giving Block, you can donate several forms of cryptocurrency such as BitCoin and Ethereum. Your donation will be immediately exchanged into U.S. dollars, and then Hope for Haiti will allocate those funds to directly support our programs in Haiti.
Cryptocurrency is now just one way donors can give to support Hope for Haiti’s mission. You can make a donation through the widget below: