Call 800 665 0411 to learn about our services for your stock

Search   Follow Investorideas on Twitter   Investorideas is on Facebook   Investorideas is on Youtube   Investorideas is on Pinterest  Investorideas is on stocktwits   Investorideas is on tumblr   Investorideas is on LinkedIn   Investorideas Instagram   Investorideas Telegram   Investorideas Gettr   Investorideas RSS

Share on StockTwits

Crypto for Charity Launches To Make Cryptocurrency Philanthropy More Accessible


New York, New York - April 29, 2022 ( Newswire) Crypto for Charity is a groundbreaking platform that allows donors to make cryptocurrency gifts and donate to more than 50,000 U.S.-based nonprofits. It is the latest addition to New York-based FreeWill Co's suite of tools designed to help people give more effectively.

Crypto for Charity allows donors to give in more than 30 virtual currencies, including Bitcoin, Ethereum, Solana, Avalanche, and Dogecoin.

"This is a huge win for crypto philanthropy," Crypto for Charity Founder Lakshmi Parthasarathy, a Harvard Computer Science graduate and former Google engineer.

"Crypto holders no longer have to convert their assets to cash to make a charitable donation. With Crypto for Charity, they can now donate directly in the currency of their choice, making it up to 37% more effective due to federal tax laws that allow donors to take a deduction on the full value of the gift," Parthasarathy added.

After making a donation, users receive a tax receipt automatically, and their gift is converted to USD and routed to the donor's charity of choice.

The launch of Crypto for Charity comes at a time when the use of cryptocurrency is skyrocketing, and more people appear to be interested in using it for philanthropic purposes.

"There's a growing awareness of the power of cryptocurrency and its potential to transform society," Parthasarathy said. "People are looking for ways to use their crypto for positive social impact. We want to make sure that everyone has the opportunity to support the causes they care about in the most impactful way possible."

FreeWill is America's fastest-growing charitable giving company, helping hundreds of thousands of people give nearly $5 billion to their favorite charities since its founding in 2017.

Media Contact:
Lakshmi Parthasarathy
Founder, Crypto for Charity

More Info:

Disclaimer/Disclosure: is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions.

More disclaimer info: Learn more about publishing your news release and our other news services on the newswire

Global investors must adhere to regulations of each country. Please read privacy policy:

News and Research for Bitcoin, Blockchain, Digital Currency Stocks and ICO's

Get more Bitcoin, Blockchain, Digital Currency stock investor ideas - news, articles, podcasts and stock directories

Buy a crypto guest post on