Get ready to celebrate educators in a big way!
The Giving Block has announced a monumental $25 million crypto pledge from Ripple, a leading provider of digital asset infrastructure for financial institutions. This incredible commitment, made in honor of Teacher Appreciation Week (May 5th – 9th), will directly benefit two outstanding education-focused nonprofits: DonorsChoose and Teach For America.
This landmark donation underscores the growing power of cryptocurrency in philanthropy and highlights the innovative spirit of Ripple in supporting crucial causes.
Investing in Education by Supporting Teachers
The multi-million-dollar pledge will be made primarily in Ripple USD (RLUSD) and distributed throughout 2025, with $15 million in crypto dedicated to empowering teachers through DonorsChoose and $10 million in crypto supporting the vital work of Teach For America.
This funding will equip young Americans and educators alike with the resources needed to improve academic outcomes, build economic resilience and thrive in a rapidly evolving job market.
Ripple has always championed financial and educational access for all, and we’re partnering with some of the most impactful organizations – DonorsChoose and Teach For America – to benefit thousands of classrooms across the U.S. Together, we hope to inspire others to do the same, starting with Teacher Appreciation Week, and leading into the rest of the year to support students and teachers with the resources they need to build a stronger future for themselves and their communities.
This generous act speaks volumes about Ripple’s commitment to education and their understanding of the transformative potential of digital assets for social good.
DonorsChoose and Teach For America now join thousands of nonprofits fundraising crypto with The Giving Block—part of a growing shift toward leveraging appreciated crypto and stock assets to maximize impact and tax benefits. As federal funding declines, nonprofits are turning to these innovative tools to diversify revenue, close funding gaps, and strengthen financial resilience.
DonorsChoose and Teach For America join a thriving community of thousands of nonprofits leveraging The Giving Block’s network of partners to tap into the growing wave of crypto philanthropy. As traditional funding models face increasing pressure, forward-thinking organizations are embracing these innovative tools to diversify their revenue streams, bridge funding gaps, and build stronger financial foundations.
The Urgent Need: Addressing Education Funding Shortfalls
This partnership comes at a critical time for education in the U.S. as ongoing federal funding cuts are causing significant uncertainty among educational institutions and educators alike. These cuts often lead to reduced resources, meaning schools may struggle to afford essential supplies, technology, and programs. Staffing shortages, including teacher layoffs and hiring freezes, can negatively impact student-teacher ratios and the quality of instruction. Additionally, vital programs, such as arts education, special education support, and extracurricular activities, may be at risk.
Despite clear links between grade-level literacy and lifetime economic opportunity, many classrooms still face significant challenges in accessing adequate resources to enable all students to fulfill their academic potential. Ripple’s commitment aims to help bridge this gap by supporting students, teachers and staff with the resources to re-build confidence and deliver results in the classroom.
Teachers are going the extra mile for their students’ education, even spending hundreds – sometimes thousands – of dollars out-of-pocket for their classrooms. Through their initiatives, Ripple is directly providing teachers with the resources their students need for the best education. Students will not only get their hands on materials that will enhance their learning, but they will also have the tools to help set them on the path to a bright future.
Crypto’s Role in Bridging the Education Funding Gap
In this challenging environment, corporate responsibility programs play an increasingly vital role in filling the funding gaps and providing much-needed support to schools and teachers. Ripple’s substantial commitment exemplifies this trend, demonstrating the power of businesses to make a meaningful difference in education.
The crypto industry, in particular, is primed to lead the way in this area. With its rapid growth and increasing adoption, the industry is generating substantial wealth, and many crypto companies and individuals are eager to give back to their communities. Cryptocurrency donations offer several advantages for both donors and nonprofits, including:
This partnership marks a pivotal moment in nonprofit fundraising. We are witnessing a significant shift as wealth increasingly resides with digital-native donors who are seeking more flexible and impactful ways to give back. The Giving Block empowers mission-driven organizations to meet this moment by providing secure and seamless solutions for accepting cryptocurrency, stock, and Donor-Advised Fund (DAF) contributions. This allows them to unlock new avenues for funding and connect with the next generation of philanthropists.
We’re deeply grateful to Ripple for this transformative support. This funding will expand our Ignite Tutoring Fellows program, drive innovation in our Reinvention Lab, and provide crucial financial assistance to thousands of new corps members during their teacher preparation. With Ripple’s partnership, we’re advancing our mission to ensure every child has access to an excellent education and the opportunity to thrive
Nonprofits on The Giving Block Platform can now Accept Donations in RLUSD
In a first-of-its-kind initiative, DonorsChoose and Teach For America will accept the majority of the $25 million grant in Ripple USD (RLUSD), Ripple’s U.S. dollar-backed stablecoin. Stablecoins are quickly emerging as a practical method for disbursing funds, becoming the most widely used type of crypto-enabled payment mechanisms and representing over half of all onchain transaction volume.
To make a donation in RLUSD to educational institutions, charities and faith-based organizations, go to our donation marketplace and search for an organization you will like to support.
How to Get Involved
Inspired by Ripple’s incredible generosity and the dedication of organizations like DonorsChoose and Teach For America? You can be part of the crypto philanthropy movement, too.
Nonprofits
Discover how The Giving Block can help your organization tap into the power of crypto, stock, and DAF donations. Book a meeting with our team to learn more and join the growing movement.
Donors
Make a bigger impact by donating crypto, stocks, or DAFs to thousands of incredible nonprofits, including DonorsChoose and Teach For America via our donation marketplace.
Celebrate Teacher Appreciation Week by helping us amplify this incredible act of generosity and continuing to support the vital work of educators and the organizations that empower them.