The Giving Block was founded in 2018 after seeing hundreds of millions of dollars in Bitcoin being donated to the few nonprofits that were equipped to accept those donations. Our founders came from cryptocurrency as well as nonprofit fundraising and operations backgrounds.
With the cryptocurrency bull market of 2017-2018, millions of people around the world made a fortune investing in and trading cryptocurrencies like Bitcoin and Ether. Because the IRS treats cryptocurrency as property, these investors had a huge tax incentive to donate Bitcoin and other cryptocurrencies directly to nonprofits. In short, if donated directly to a nonprofit, they would not be liable for capital gains tax and could write it off on their taxes (similar to a stock donation).
The problem? Very few nonprofits knew how to accept cryptocurrency donations or were even thinking about this new pool of donors. So Pat and Alex set out to create the only nonprofit specific solution for accepting cryptocurrency donations, starting at Pat’s old stomping ground the Lupus Foundation. Now, donors have over 200 nonprofits to choose from and it’s easier than ever to begin accepting cryptocurrency donations.
About the Founders
Alex’s background is in management consulting where he worked with Fortune 500 companies to develop strategies around emerging technologies like AI, IoT, blockchain and cryptocurrency. As he went down the cryptocurrency rabbit hole, he began investing in and advising early stage cryptocurrency startups. Now, he’s turned his attention to the nonprofit world where he equips nonprofits to accept Bitcoin and other cryptocurrency donations.
Pat Duffy, Co-Founder of The Giving Block, began as a federal consultant for pharmaceutical companies, focused on collaboration with nonprofits. He then shifted to the nonprofit sector, focusing on executive leadership and fundraising. Merging his nonprofit experience and passion for Bitcoin trading, The Giving Block was born, creating the turnkey cryptocurrency donations solution used by charities around the world.
The Giving Block Team
Head of Research & Nonprofit Outreach
Originally from Auckland, New Zealand – Michael has over 10 years of experience in research and conference production, including the Business of Blockchain series of events (Blockchain Health, Blockchain ID, Blockchain East, Blockchain West). His nonprofit experience includes serving on the board of 501(c)3 nonprofit Kia Ora DC Kiwis, while previously managing online media and fundraising for Border Angels in San Diego, CA.
Aleksei Kulikov Lead Back-end Developer
With a 10 years of work in variety of IoT startups and Fintech companies, Aleksei is an enthusiastic software developer focusing on providing robust and scalable backend solutions for the rest of the teams by applying best industry practices. As Lead Backend Developer, Aleksei is responsible for the constant strategic development of the backend platform and ensuring backend team is performing at its best. Aleksey is based in Valencia, Spain.
Senior Front-end Developer
Ben Wilson, CPA
Nonprofit Crypto Tax & Accounting
Katie is based out of Indianapolis and has experience in Finance, HR and Sales. She is excited to help nonprofits diversify their revenue and connect with younger donors while promoting the adoption of cryptocurrencies.
Join The Giving Block Team
Help us equip every nonprofit in the world to accept bitcoin donations
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