Rockflower began accepting donations in cryptocurrency back in 2017, and in 2020, Rockflower began partnering with The Giving Block. This partnership has allowed our organization to diversify its donation streams and increase our audience, while providing donors the potential to recognize additional tax benefits with easy, secure transactions. Through this partnership, supporters can donate several forms of cryptocurrency including BitCoin and Ethereum.

Cryptocurrency holders donating to Rockflower are directly impacting the organization’s efforts to ensure more money gets into the hands of women and girls in emerging economies by supporting our partner's innovative and entrepreneurial ideas to transform their communities and lives. Beyond supporting this critical funding stream for the improvement of life outcomes for so many women and girls, there are additional incentives to donating crypto.

“There are two major factors for why people donate cryptocurrency,” according to Alex Wilson, Co-Founder of The Giving Block. “The first is the tax incentive. Because the IRS classifies cryptocurrency as property, that means that donors do not have to pay capital gains tax and can write off the donation on their taxes. If they sell to cash first and then donate, that means getting hit with 20-30% in taxes. Second, donating crypto is faster and easier than using traditional methods. For most people, it takes just seconds to pull up their wallet and send a donation to their favorite nonprofit.”

Additionally, upon crypto donation your contribution will be immediately exchanged into U.S. dollars. This allows us to receive the financial value intended by the donor at the time of the donation while avoiding volatility in the market. It also makes it simple to put funds to use immediately to support our mission of ensuring that essential funding reaches those women and girls living at the margins with as little impediment as possible.

You can easily make a cryptocurrency donation to support our mission by clicking here or visiting the “Give” page on our website.