Save the Children: How Crypto Donations Make a Difference
Save the Children, a 100-year-old charity organization dedicated to providing care and services to impoverished and displaced children worldwide, has embraced the world of cryptocurrency donations. By donating your crypto assets to Save the Children, you not only support their important work but also receive favorable tax benefits in several jurisdictions, including the US.
Antonia Roupell, the Partnership and Innovation Lead at Save the Children, explains, “Save the Children is the largest independent child rights organization globally, operating in over 100 countries.” The charity has been at the forefront of accepting cryptocurrency donations since 2013 when they received their first Bitcoin donation in response to a typhoon in the Philippines.
In recent years, cryptocurrency donations have become more common, with major US charities accepting various digital assets. Save the Children has streamlined the donation process, allowing for quick and anonymous contributions without the need for extensive KYC and AML checks. Antonia highlights, “It takes less than 30 seconds to donate crypto to Save the Children.”
Save the Children’s crypto donation campaign, HODLhope, launched in 2021 and has since raised over $8 million, primarily in Bitcoin, Ether, and stablecoins, with other altcoins like DOGE and SHIB also being accepted. The organization is open to receiving a wide range of crypto assets, including DeFi tokens, meme coins, and fan tokens, as long as they are supported by the Gemini exchange.
Beyond crypto donations, Save the Children utilizes the funds raised to provide essential services to children and families in need worldwide. From creating safe zones in conflict areas to offering education, healthcare, and mental health support, the charity’s impact is far-reaching. Additionally, Save the Children’s economic inclusion initiatives aim to empower families through financial assistance and innovative solutions.
Antonia emphasizes the importance of leveraging technologies like Bitcoin to improve financial inclusion and aid delivery in humanitarian settings. By partnering with Bitcoin Layer 2 solutions and exploring on-chain cash assistance programs, Save the Children is paving the way for more efficient and transparent aid distribution.
Education and financial literacy play a crucial role in ensuring the successful adoption of cryptocurrency solutions in humanitarian work. Save the Children is committed to providing the necessary resources and support to help communities understand and benefit from these technologies.
By donating cryptocurrency to Save the Children, you can make a direct impact on the lives of vulnerable children and families around the world. Your contribution will help provide essential resources, education, and hope to those who need it most. To learn more about how you can support Save the Children through crypto donations, contact Antonia’s team at [email protected].
Together, we can harness the power of cryptocurrency for good and create a more inclusive and sustainable future for all.