We are thrilled to announce that Goodie Nation is now accepting cryptocurrency donations to help support our mission of closing the Relationship Gap for diverse founders and social entrepreneurs, thanks to our partners at Pledge.
Cryptocurrency has quickly risen in popularity, with over 300 million users worldwide and an estimated 2 trillion dollars in value now circulating as digital currency. With social and economic confidence in cryptocurrency increasing alongside the needs of our growing organization, we decided it was time to harness the latest technology to bring our nonprofit vision to life. We accept over 130 cryptocurrencies, and crypto donations will be immediately converted to cash, eliminating the need for us to manage a crypto wallet. This means you’ll have more options for how to give safely and securely, and we’ll be able to better fulfill our promise to hold founders accountable for making progress while developing them as leaders and as humans.
Cryptocurrency donations are fast, secure, transparent, and may be more cost effective than other methods. It also gets more money directly in the hands of the nonprofits you care about most, while also providing additional tax benefits to donors.
Your donation goes to Pledge’s 501(c)(3) Pledgeling Foundation. Your tax receipt will reflect your gift having been made to that intermediary nonprofit. Then, your gift will be converted to US dollars, which will be sent directly to the charity of your choice. 3% of your donation is donated to the Pledgeling Foundation to manage the crypto-exchange through our integration with Coinbase.
If you have appreciated cryptocurrency, you may receive tax benefits in the form of reduced capital gains tax, in addition to the usual deduction for charitable donations (if you itemize your deductions). Consult your tax advisor about your specific situation.
Pledge will charge a fee of 3% per transaction. When we convert the donation to USD, we may also incur variable liquidation fees during the conversion process, which we net out of the donation at our cost.
Yes! Individuals have the ability to donate anonymously on all of our donation forms. This means the nonprofit and others will not see your name or email associated with the donation, but you will still receive a tax receipt.
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