The Generous Platform Now Offers Donors The Opportunity To Make Crypto Donations To All American Charities

NASHVILLE, Tennessee – January 18, 2022 – (Newswire.com)

generous, a leading online fundraising platform, now offers its users the ability to contribute cryptocurrency to over 1.6 million nonprofit organizations in the United States using the Generous platform. Donating crypto instead of cash allows donors to have a bigger impact, as crypto donations are not subject to capital gains tax and can be deducted at their appraisal value complete. Offering users the ability to donate crypto to a nonprofit organization is the latest example of how Generous continues to provide the easiest way to donate online.

Over the past few years, cryptocurrencies have become increasingly popular, and crypto owners have proven to be extremely generous. A study by Fidelity Charitable found that 45% of crypto investors gave more than $1,000 to charity in 2022, compared to 33% of all investors. Fidelity Charitable would also have received $274 million in cryptocurrency donations in 2021 from November.

Today, most nonprofits only accept donations by check, credit card, or wire transfer, but these methods don’t work for everyone. The Generous platform makes it easy for people to donate crypto and provides a seamless solution for nonprofit organizations to receive crypto donations. Nonprofits benefit because Generous converts crypto assets into cash upon receipt and sends the proceeds in dollars to the nonprofit, saving charities from having to set up complex crypto wallets and new protocols for receiving cryptographic donations.

“We strive to make giving accessible to everyone,” says Rich Wertz, CTO at Generous. Wertz continued, “Young people – and Gen Z in particular – have a real comfort level with cryptocurrencies. So allowing donors to support their causes via cryptocurrency will allow those who prefer to operate outside of traditional banking channels to have a deep and positive impact, and it opens up a powerful donation funnel for all nonprofits that lack the resources to provide their own cryptocurrency donation options.

Generous offers the possibility for donors to donate: Bitcoin, Ethereum, Litecoin, Us Dollar Coin and Dogecoin. Donate crypto to any nonprofit in the US by visiting generous today.

About Generous

Generous (joingenerous.com) is on a mission to make giving easier by providing easy ways to donate anywhere online. Generous creates frictionless charitable giving opportunities for donors, while enabling companies to increase their bottom line and engage their customers through charitable giving. For more information contact Ross Buntrock, CEO, Ross.Buntrock@joingenerous.com

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The Generous Platform Now Offers Donors The Opportunity To Make Crypto Donations To All American Charities


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