The nonprofit news summary for the last week of September!
The Giving Block Expects To Process $100M In Crypto Donations In 2021
The Giving Block, a cryptocurrency giving solution for nonprofits, reports that it expects to process over $100 million in donations by the end of 2021. In a press release, The Giving Block estimates that 2021 has represented the highest amount of cryptocurrency donations in any year and expects to 2022 to be even higher. As the trend of major nonprofit organizations accepting cryptocurrency donations continues, fundraising professionals should expect and prepare for a rise in donations via crypto heading into the EOY and 2022, especially among millennials and Gen-Z. (Disclosure: The Giving Block is a client of Whole Whale.)
Private Foundations Announce Plans To Give $Billions Towards Food, Health, & Climate Projects At UN General Assembly
Private philanthropic foundations including the Gates Foundation, Bloomberg Philanthropies, and others have announced sweeping investments in protecting global infrastructure particularly around nutrition, vaccine access, and climate mitigation. The announcement came at the United Nations General Assembly meeting in New York, the yearly and preeminent global meeting of world leaders. The announced projects coincide with the United Nations Sustainable Development Goals or SDGs which seek to guide global efforts to address systemic issues.
- Afghan Nonprofit Workers Desperately Scramble to Evacuate
- National Philanthropic Trust Donor-Recommended Grants to Charities Grow 179% to $6.46B During FY 2021
- SpaceX’s Inspiration4 Campaign for St. Jude Surpasses $200M Fundraising Goal
- Feel-good story: https://www.gofundme.com/f/increase-student-engagement-in-science