• Press Releases
    • Submit a press release
    • Read All
  • Contact us
Advertise
Bitcoinist.com
Buy Neo Pepe
No Result
View All Result
🚀 BUY NEO PEPE PROTOCOL 🚀
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Breaking News: Commerce Department To Release Blockchain Statistics, Says Lutnick
🚀 BUY NEO PEPE PROTOCOL 🚀
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Bitcoinist.com
No Result
View All Result
Breaking News: Commerce Department To Release Blockchain Statistics, Says Lutnick

Fidelity Charitable Now Accepting Bitcoin

Jamie Redman
by Jamie Redman
9 years ago
·
Posted in Bitcoin Breaking News Brief, Breaking Bitcoin News, Breaking News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Boston, November 18 Fidelity Charitable has announced it will be allowing donors to support charities with Bitcoin. The nonprofit is expanding its various forms of assets that people can donate. Digital currency is the next step for the organization. Donors can use Bitcoin to support multiple charities through one donation using Fidelity’s platform. Matt Nash, senior vice president of donor engagement for Fidelity Charitable, said:  

“Enabling donors to contribute bitcoin to their donor-advised funds is the latest example of Fidelity Charitable’s commitment to making it as easy as possible for donors to support the charities they care about with the assets at their disposal,” ~ Matt Nash, Fidelity Charitable

Also read: Charity Coin is the First “Proof of Donation” Crypto-Currency

1370884219_a863Significant contributions to the organization have been paid in capital assets as the use of Bitcoin opens up more avenues for the nonprofit. Fidelity Charitable is the second largest nonprofit in the United States. The operation joins hands with many other charitable organizations such as the American Red Cross, and United Way. Connie Gallippi, who leads BitGive, a Bitcoin-based non-profit, is excited this large contributor is joining forces with Bitcoin. Gallippi told the Boston Globe:

“It’s exciting, they’re a very large organization. It provides more validation for the use of bitcoin.”  ~ Connie Gallippi, BitGive 

Donors who choose to utilize paying in capital assets simplify the donation process for themselves and the recipients. In the end, the charities are given grants from Fidelity Charitable via checks or electronic transfer allowing funds to arrive faster. Adding this new feature came from the help of the company’s sister organization Fidelity Labs, who works with technological initiatives and investments for the company. The capability is provided by Coinbase, who offers the conversion of Bitcoins for free for any charitable organization.

sddefaultFidelity Charitable is a public charity that has supported more than 200,000 nonprofit platforms and has funded over USD $20 Billion in grants. The company wanted to wait to see how well the digital currency did over the past years and felt it has grown. Matt Nash said: “For us, it’s far enough along in its maturity that it was something we wanted to consider taking in.” In 1991, the nonprofit started its first national donor-advised fund program and has been making headway within philanthropy ever since.

By being a donor-advised fund program, the organization enables donors to take in a complete tax deduction following their contributions. People donating with Bitcoin can get this deduction as well as the currency is considered a capital asset within the branch. Many organizations have used the virtual money to fund a variety of charitable efforts. Notably Connie Gallippi’s BitGive, and Jason King’s Sean’s Outpost have shown what the digital currency can do to help create superior and efficient crowd funding processes. Fidelity seems to be opening their doors to cryptocurrency and is even looking for a Bitcoin expert to work for the company located in Boston. 

What do you think about Fidelity accepting Bitcoin? Let us know in the comments below. 


Images courtesy of Pixbay, Wiki Commons, and Redmemes

 

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Jamie Redman

Jamie Redman

Follow

Jamie Redman is a crypto writer and a dragon on Tuesdays. Follow me on twitter @jamiecrypto

Full Profile

Related Posts

Cena Bitcoinu prekonala 1200 tisíc $

Bitcoin prekonal 122 000 $. Dosiahne už tento týždeň nové historické maximum?

3 weeks ago
DCA Bitcoin BTC

Bitcoin sa drží nad 114 000 $. Oplatí sa stratégia DCA pri súčasnej cene Bitcoinu?

4 weeks ago
Goldman Sachs Partners With BNY Mellon To Bring $7 Trillion Money Market To Crypto

Goldman Sachs Partners With BNY Mellon To Bring $7 Trillion Money Market To Crypto

1 month ago
cena bitcoinu nove historicke maximum ATH 123 tisíc dolárov

Cena Bitcoinu dnes vyskočila nad 123 000 $. Začína „krypto týždeň“

1 month ago
Bitcoin price

Bitcoin Long-Term Holders Complete Largest Market Sell-Off Since 2021, Is The Top Here?

8 months ago
Bitcoin

Bitcoin Miners Offload $14 Billion BTC – Price Crash To Follow?

8 months ago
Please login to join discussion

Premium Sponsors

Press Releases

  • AlloyX Merges with Solowin Holdings at $350 Million...

    35 minutes ago
  • WinnerMining

    “Trump-Backed WLFI Booms — WinnerMining Cloud Mining...

    2 hours ago
  • Top 5 Most Profitable ASIC Miners in 2025: ROI Comparison

    17 hours ago
  • Bitget to Transfer 440 Million BGB to Morph Foundation...

    17 hours ago
  • From Institutional to Individual Investors: How XRP and...

    17 hours ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Buy Neo Pepe

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

About Us

  • Advertise
  • Contact us
  • Editorial Policy
  • Privacy Policy
© 2025 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
      • Crypto Betting
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Advertise

© 2025 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.