Asset Primer: What You Need to Know About Accepting Bitcoin Donations
October 3, 2019
Why come? If you haven’t seen one yet, you will. This introduction to the pros and cons of accepting cryptocurrencies will get you ready to respond when the first donor offers a gift of BITCOIN, or Ripple, or NXT, or Libra…
Who should attend? Forward-thinking fundraisers and advisors want to be the go-to resource for donors or clients with unusual assets.
What you’ll take away: • Information about demographics of cryptocurrency investors that will help you predict which of your own donors or clients might be interested in these donations. • A basic understanding of the process of accepting a gift of cryptocurrency. • Insight into the tax implications of donating cryptocurrency for both the nonprofit and the donor.