The Giving Block Expands Fundraising Capabilities for Nonprofits with Addition of Stock and Card Donation Solutions
17 August 2022 - 2:00PM
Business Wire
The Giving Block, the leading crypto
philanthropy platform, will expand offerings while continuing to
connect nonprofits with donors
The Giving Block, the leading crypto philanthropy
platform connecting nonprofits with crypto donors will begin
offering stock and card donation processing capabilities beginning
in Fall of 2022.
The stock and card donation processing options will be available
to the 2,000+ nonprofit customers subscribed to The Giving Block’s
flagship crypto fundraising solution.
By launching this expanded suite of fundraising solutions, The
Giving Block makes it easier for nonprofits on the platform to
effectively engage and fundraise from young, digital-native Gen Z
and Millennial donors across crypto, stocks and cash. The card
options will be powered by The Giving Block’s parent company,
Shift4, and will include credit card, debit card, Apple Pay and
Google Pay, with ACH, PayPal and Venmo options available later in
the year. Shift4 (NYSE: FOUR) is a leading global provider of
commerce technology solutions, processing billions of transactions
annually for hundreds of thousands of businesses in virtually every
industry.
The Giving Block aims to do for stock what it has done for
crypto philanthropy: create an efficient solution that makes it
easy for nonprofits to securely accept publicly traded stock and
exchange traded fund donations without the operational burden of
processing these types of gifts. Mike McLean, Head of The Giving
Block Institutional and former Director of Investment Operations
and Program Management at Fidelity Charitable, has been appointed
to lead the initiative.
The Giving Block’s card donation processing solutions will roll
out in September of 2022, while the stock donation solution will be
available in October. To learn more about The Giving Block or to
donate through the platform, go to thegivingblock.com.
About The Giving Block:
Founded in 2018, The Giving Block, a Shift4 company, is turning
Crypto Philanthropy into one of the greatest forces for good on the
planet by making cryptocurrency fundraising easy for nonprofits
while empowering donors to give Bitcoin and other cryptocurrencies
to their favorite causes. The Giving Block enables thousands of
mission-driven organizations, charities, universities, and
faith-based organizations of all sizes to accept cryptocurrency
donations and helps them maximize their fundraising outcomes with
strategic consulting and personal support. Learn more and discover
why cryptocurrency is the fastest growing donation method for
Millennial and Gen Z donors, at thegivingblock.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20220817005245/en/
Media: Mariah Terry media@thegivingblock.com
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