About The Giving Block
The #1 nonprofit-specific solution for accepting cryptocurrency donations.
The Giving Block was founded in 2018 after seeing hundreds of millions of dollars in Bitcoin being donated to the few nonprofits that were equipped to accept those donations. Our founders came from cryptocurrency as well as nonprofit fundraising and operations backgrounds.
With the cryptocurrency bull market of 2017-2018, millions of people around the world made a fortune investing in and trading cryptocurrencies like Bitcoin and Ether. Because the IRS treats cryptocurrency as property, these investors had a huge tax incentive to donate Bitcoin and other cryptocurrencies directly to nonprofits. In short, if donated directly to a nonprofit, they would not be liable for capital gains tax and could write it off on their taxes (similar to a stock donation).
The problem? Very few nonprofits knew how to accept cryptocurrency donations or were even thinking about this new pool of donors. So Pat and Alex set out to create the only nonprofit specific solution for accepting cryptocurrency donations, starting at Pat’s old stomping ground the Lupus Foundation. Now, donors have over 500 nonprofits to choose from and its easier than ever to begin accepting cryptocurrency donations.
FAQs
- When was The Giving Block founded?
- The Giving Block was founded in 2018.
- Who is the CEO of The Giving Block?
- The CEOs are Alex Wilson and Pat Duffy.
- What industries or markets does The Giving Block operate in?
- The Giving Block operates in the following markets: Blockchain, Cryptocurrency, and Web3.
- How many employees does The Giving Block have?
- The Giving Block has 51-200 employees.
- Where does The Giving Block have employees?
- The Giving Block has employees in United States, Belarus, Hungary, United Kingdom, Portugal, Italy, Ireland, Russian Federation, Honduras, and Bulgaria.
- Does The Giving Block support remote work or working from home?
- Yes, The Giving Block is a remote-friendly company.
- What employee benefits does The Giving Block offer?
- The Giving Block provides 9 benefits to their employees.
- Does The Giving Block offer a four-day work week?
- No, The Giving Block does not offer a four-day work week.
- What is The Giving Block's tech stack?
- The Giving Block has 56 technologies in their tech stack.
- What is The Giving Block's website?
- The Giving Block's website is thegivingblock.com.