The COVID-19 pandemic pressured Eve’s Place officers to take a look at fundraising another way and it produced one massive donation.
The company obtained a $65,000 donation in cryptocurrency.
Eve’s Place officers needed to cancel the annual fundraising occasion because of COVID-19 and wanted to discover a approach to offset the lack of income. The thought of accepting cryptocurrency had been an rising dialog however was not a excessive precedence till lockdowns occurred and fundraising got here to a halt.
Eve’s Place solely not too long ago made the choice to simply accept cryptocurrency after being approached by The Giving Block, a service that assists nonprofit organizations to simply accept cryptocurrency donations. Having the help from The Giving Block made it attainable for Eve’s Place to diversify its conventional donor base and settle for a far broader vary of property varieties as donations
“The Giving Block provided Eve’s Place information about the process for our organization to step into another way to raise essential funding, especially during the pandemic when our clients have more needs than ever before,” Laura Horsley, Eve’s Place chief government officer, said in a press launch. “As soon as we accomplished the mandatory steps to simply accept cryptocurrency the fundraising started. “
Eve’s Place has participated in a number of smaller occasions and raised funds for companies. The newest nameless donation of 6 bitcoin was an absolute shock and blessing, Ms. Horsley said.
“With no end in sight for the near future with COVID-19 restrictions, this donation makes it possible for us to adjust as our government funding is being cut by 20% in October,” she said. “The $65,000 covers 25% of the cuts coming to our agency.”
Accepting cryptocurrency donations is offering a brand new approach to diversify funding for the group, increasing its attain to attainable donors and, most significantly, creating stability in funding for shoppers, in line with Ms. Horsley.
Donations are used to cowl companies similar to transportation to appointments, private protecting tools for shoppers together with meals and toiletry containers. This yr donations are additionally protecting Web companies for youth shoppers who must attend on-line lessons.
Eve’s Place presently accepts crypto donations in bitcoin, ether (ETH), Litecoin (LTC), bitcoin cash (BCH), Zcash (ZEC), Gemini Greenback (GUSD), Primary Consideration Token (BAT) and Chainlink (LINK).
To donate cryptocurrency to Eve’s Place, go to evesplace.org/donate-cryptocurrency.
Eve’s Place is a non-profit 501(c)(3) group headquartered within the West Valley. Since 2004, Eve’s Place has supplied progressive and empowerment-based packages to victims of home, sexual and teenage courting abuse. Eve’s Place launched the idea of the Cell Advocacy Program for victims within the West Valley in October 2013.
Go to evesplace.org.
The Giving Block makes accepting bitcoin donations simple for nonprofits. With 70,000,000 customers, bitcoin has grow to be extra well-liked than Venmo amongst millennial and gen-Z donors.
Go to thegivingblock.com.
