November 24, 2017

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Digital Currency Intersects with Charitable Giving

Global Impact Expands Donation Options to Include Bitcoin

Submitted by: Global Impact

Categories: Philanthropy & Corporate Contributions, Corporate Social Responsibility

Posted: Jan 29, 2015 – 03:32 PM EST

 

Global Impact is excited to announce that it has added bitcoin to its platform for connecting donors to international causes. The organization already accepts donations in 120 currencies worldwide, as well as securities and stocks. The addition of bitcoin to its list of accepted currencies enables the organization to serve the diverse needs of donors, furthering its ongoing efforts to grow global philanthropy.

“At Global Impact, we are committed to serving the world’s most vulnerable people. Accepting donations in bitcoin gives us another way to do just that and puts us on the cutting edge of fundraising technology,” said Global Impact Vice President Joseph Mettimano. “This is an exciting new frontier for global philanthropy and we are eager to see how bitcoin opens new doors, not only for donors, but for banking in the developing world,” he continued.

Additionally, Global Impact has entered into a strategic partnership with Ribbit.me, the world’s first rewards program built using blockchain technology, the same technology behind bitcoin. The company’s RibbitRewards and Marketplace.life have created a versatile rewards and merchant platform on the Web. Global Impact is now a preferred charitable partner of Ribbit.me and will receive a percentage of these bitcoin rewards, which will be converted to cash to support Global Impact’s High Impact Funds.

Bitcoin donations to Global Impact are immediately converted into cash through BitPay, a payment processor; funds are then distributed by Global Impact to charity partners around the world. 

Bitcoin can be donated to Global Impact online here.

 

About Global Impact
Global Impact is a leader in growing global philanthropy. The organization builds partnerships and raises resources that help the world’s most vulnerable people by providing integrated, partner-specific advisory and secretariat services; campaign design, marketing and implementation for workplace and signature fundraising campaigns; and fiscal agency, technology services and integrated giving platforms. Global Impact works with approximately 450 public and private workplace giving campaigns to generate funding for an alliance of more than 120 international charities. Through strategic council and implementation support, Global Impact equips private sector and nonprofit organizations to achieve their philanthropic goals. The organization serves as administrator for one of the world’s largest workplace giving campaigns, the Combined Federal Campaign-Overseas. Since 1956, Global Impact has generated more than $1.7 billion to help the world’s most vulnerable people.

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For more information, please contact:

Joseph Mettimano Vice President, Marketing & Campaign Engagement
Phone: 703-717-5221

For more from this organization:

Global Impact

 

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