Blog

International Women's Day: Donate Cryptocurrency to Africa Development Promise & Mona Foundation


International Women's Day is an opportunity for people around the world to rally around what it means to be a woman. From triumphs to failures, it is a day for policy and culture to be examined, debated and, ultimately, changed. Today, Gemini and The Giving Block are highlighting two nonprofits who are led by women, empowering women and leading the charge for women in the nonprofit sector to lead when it comes to innovative technologies like Bitcoin and other cryptocurrencies. Learn more about them below, and then become a champion by doing the following:



Take Action

1. Donate Cryptocurrency to one, or both charities
2. Post, engage and promote their amazing work on twitter

Mona Foundation


Twitter: @MonaFoundation

Give Bitcoin. Educate. Empower. Transform. Mona Foundation believes that every child deserves the gift of education. Cryptocurrency donations help us give that gift.


We educate children in need globally, empower women and girls, and enable them to give back to transform their own communities. In 2019 we supported the education and empowerment of more than 429,000 students in 19 projects in 12 countries. Read more About Us, Our Work, Results, and Stories of IMPACT. We are the recipient of $1,000,000 Bitcoin grant from Pineapple Fund, and now accept other cryptocurrencies like Ether (ETH), Litecoin (LTC), and Bitcoin Cash (BCH) through The Giving Block. Your crypto donation will be valued at the time of donation at it is tax deductible FMV.


100% of your donation will support educate and empower students in need. (Private donors cover our 15% administrative cost.)


Here is why Rainn Wilson (Dwight from "The Office") supports donating Bitcoin to Mona Foundation, on #BitcoinTuesday and beyond.


Donating your cryptocurrency to Mona Foundation is a win-win scenario. Your crypto donation will be valued at the time of donation at its fair market value, and you will receive a larger tax benefit because the entire FMV of the donation can be deducted. As a 501 (c) (3) organization, Mona Foundation is tax-exempt (EIN 91-1968512) and will receive the entire amount of cryptocurrency and ultimately a larger gift.


Website:

https://www.monafoundation.org/give-bitcoin/



Africa Development Promise


Twitter: @AfricaDvPromise

Empowering rural women and supporting their efforts to achieve economic independence is a priority at Africa Development Promise. Studies have shown that when women earn an income, they invest 90 percent on their families.

By building the productive capacity of

women to manage and operate agricultural cooperatives and small business not only reduces poverty but spurs economic progress leading to economic self-sufficiency, health, and overall wellbeing.


Africa Development Promise has been accepting Bitcoin and other cryptocurrency donations since November 2019 to expand our reach and attract a new group of donors who want to build sustainable pathways to economic independence for rural African women. Currently we accept the following cryptocurrencies:


  • Bitcoin (BTC)

  • Ethereum (ETH)

  • Litecoin (LTC)

  • Bitcoin Cash (BCH)

  • Zcash (ZEC)

  • Gemini Dollar (GUSD)


Your gift enable us to advance our mission of driving the collective action of rural women to advance sustainable business and economic independence in East African communities.


Website:

https://www.africadevelopmentpromise.org/get-involved/cryptocurrency-donation/

Why donate cryptocurrency?

If you’re a donor in the U.S., the IRS treats cryptocurrency donations like stocks, meaning you do not have to pay capital gains tax on your appreciated cryptocurrency and can write it off on your taxes. This is also the case in many other countries around the world, but please check with a tax professional for guidance.



Thanks for reading everybody!

Pat, Alex and Michael

The Giving Block