#GivingTuesday is right around the corner and Brave is participating in this special day through their involvement with The Giving Block and their #BitcoinTuesday campaign.
On December 3 (GivingTuesday), Brave is dedicating 100% of its ad inventory to ads from participating charities where they will receive all of Brave’s ad revenue and donations from Brave users.
There is a long list of participating nonprofits and charities in which Brave users can donate to. Here is the full list: https://www.thegivingblock.com/donate-bitcoin with many of them already available to receive donations and the rest COMING SOON. However, if you scroll to the very bottom there is much more!
Lupus Foundation of America (LFA) – Ending the Brutal Impact of Lupus
For more than 40 years, LFA has made pioneering contributions toward ending the brutal impact of lupus – a long-term autoimmune disease in which the body's immune system becomes hyperactive and attacks normal, healthy tissue.
The organization’s mission is to improve the quality of life for all people affected by Lupus by focusing on 3 things: 1) Reduce time to diagnosis 2) Ensure people with lupus have an arsenal of safe and effective treatments 3) Expand direct services and increase access to treatment.
Many Hopes – Helping Children in Need
Many Hopes rescues children in Kenya from poverty and abuse and raises them. They provide vulnerable boys and girls with food & water, a home, and proper education. 100% of donations are used to create sustainable programs that generate local revenue to provide care for years to come.
Dementia Society of America (DSA) – Supporting Those Living with Dementia
DSA is a volunteer-driven all-Dementias awareness organization that works to enhance the quality of life for those living with Dementia, caregivers, and the community. The organization presents resources, education, and programs that can make a difference in the lives of people dealing with Dementia.
Heifer International – Ending Poverty from the Ground Up
Heifer International works in 21 countries around the world to strengthen local economies and build secure livelihoods that guarantee a living income to local farmers. The organization’s mission is to end hunger and poverty in a sustainable way by supporting local farmers and their communities.
Code to Inspire (CTI) – Supporting Women in Blockchain
Code to Inspire empowers young women in developing countries by teaching them how to code, find programming jobs, and launch technology ventures. The organization was founded in 2015 and has since taught 150 young women how to code, build mobile apps, and games. Over 70% of CTI’s graduates have found work earning above-average wages in their country.
In addition to the nonprofits listed above, there are many others participating in The Giving Block’s #BitcoinTuesday campaign. You can see the full list of featured nonprofits and more here.
The Pros of Donating Bitcoin & Crypto to Charities
Hundreds of millions of dollars worth of cryptocurrencies have been donated directly to nonprofit organizations and charities and it's not just because it's a good thing to do, there are multiple reasons for doing so.
Besides the obvious reason of showing gratitude and supporting a good cause, perhaps the biggest pro to donating Bitcoin or crypto to charities is for tax efficiency. Donating cryptocurrency directly to a nonprofit organization is tax-deductible.
However, it’s important that it’s directly donated rather than converted to another cryptocurrency or fiat prior to donating, otherwise you will lose the full tax benefit to donating directly. This is why The Giving Block and Brave enable people to donate directly.
Yet another important pro to donating cryptocurrency is that it drives adoption. By donating crypto to nonprofits, you’re actually using crypto and ensuring that whoever’s accepting it has a crypto wallet, and is actively engaging in the community.
Other reasons to donate crypto include the fact that it's quick, easy, convenient, and simply demonstrates your corporate social responsibility.
Don’t Have Crypto to Spare? No Problem
#GivingTuesday, otherwise known as #BitcoinTuesday if you’re giving crypto, truly is a great initiative in which anyone can participate.
Even if you don’t have any spare Bitcoin or Ethereum to donate, you can simply become a Brave user (if you aren’t already), see a few ads, earn some BAT tokens, and directly tip the charities from the Brave browser.
It really is that easy. To get started just sign up for Brave Rewards, start browsing as you normally would, see a few ads, and use the BAT accumulated to donate to verified charities.
However, some things to keep in mind are that seeing ads is not necessarily instant and it could take time for this to occur, plus not all regions have ads. But luckily for you, even after receiving BAT tokens from ads with a slight delay, you can still donate/tip charities any day after GivingTuesday.
So there you have it. There are no excuses not to participate in #GivingTuesday! So if you haven’t done so already, get signed up for Brave Rewards and start browsing so you have something to donate come Tuesday :)
Will you be participating in #GivingTuesday and donate to charity with Bitcoin through The Giving Block or BAT through Brave? Have you already donated?
Let me know in the comment section below!