Ep 175: Are Crypto Donations the Future of Charitable Giving? (with Pat Duffy)

by Joan Garry

Crypto donations guru Pat Duffy shares his expert insights and debunks some of the myths around crypto donations. We discuss the benefits of accepting crypto donations, how to reach potential donors, and how The Giving Block has helped thousands of charities, healthcare systems, schools, and faith-based non-profits to fundraise with cryptocurrency.

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In this episode, I have the pleasure of chatting with my friend, Pat Duffy, founder of The Giving Block, a crypto fundraising platform. As a nonprofit leader, you don’t want to miss our conversation because we’re going to talk about how you can raise TONS of money by accepting crypto donations.

Now, I know what you’re thinking, “Joan, cryptocurrency is for the 1% and my organization is just not big enough.” But trust me, you’re leaving money on the table that could be invested in the work we all know is greater than the resources you have to make it happen.

Pat is a cryptocurrency guru and the founder of a business that wants nonprofits to raise massive amounts of money to solve the big problems in our society. He has helped thousands of charities, schools, healthcare systems, and faith-based nonprofit clients fundraise crypto donations, including Save the Children, United Way Worldwide, and St. Jude.

During our chat, Pat and I bust a few myths about fundraising with crypto and discuss the burning crypto questions that are on your mind. He even shares some tips on how to accept crypto donations and reach out to potential crypto philanthropists.

The average age of a crypto donor is in their 30s, and the average income is $110K, with an average donation size of $10,500! And these donors are always looking for new opportunities to give back. So, if you’re interested in expanding your pool of donors or inviting younger people to join your cause (and who isn’t?), then you really need to tune in.

Click play to learn:

  • How do nonprofits fundraise cryptocurrency? (1:33)
  • Is bitcoin the only type of cryptocurrency? Are there other kinds? (20:25)
  • What do nonprofit leaders need to know about blockchain and how it works? (22:56)
  • What is The Giving Block? (31:22)
  • Are crypto donations good for small to midsize nonprofits? (39:15)
  • How can nonprofits find donors in the crypto space? (49:50)

Resources

Disclosure of Material Connection: Some of the links in the post above are “affiliate links.” This means if you click on the link and purchase the item, I will receive an affiliate commission. Regardless, I only recommend products or services I use personally and believe will add value to my readers. I am disclosing this in accordance with the Federal Trade Commission’s 16 CFR, Part 255: “Guides Concerning the Use of Endorsements and Testimonials in Advertising.”

About Pat Duffy

Pat Duffy is co-founder of The Giving Block, a Shift4 company. The Giving Block is the leading Crypto Philanthropy platform that makes accepting and fundraising cryptocurrencies easy for nonprofits and empowers donors to give crypto to their favorite causes.

After building the leading crypto acceptance solution for nonprofits, Pat and his team developed the largest crypto giving platform for donors, raising over $100M in crypto for nonprofits. Today, The Giving Block is helping thousands of the leading charities, schools, healthcare systems and faith-based nonprofit clients fundraise crypto, including Save the Children, United Way Worldwide and St. Jude.

Pat’s expertise in the crypto philanthropy sector has been featured in Time Magazine, Newsweek, U.S. News and World Report, Associated Press, ABC News, and CNBC, to name a few. He and his co-founder were also awarded Forbes 30 Under 30 in 2022 in the area of Social Impact for their work at The Giving Block.

Contact Pat Duffy