SACRAMENTO, Calif.--(BUSINESS WIRE)--The BitGive Foundation, the charitable giving organization of the Bitcoin community, provided its first donation yesterday to Save the Children for their Typhoon Haiyan Children's Relief Fund. The Foundation raised $4,850, exclusively from the Bitcoin community, as part of Bitcoin Black Friday. BitGive has also worked with event organizers to develop a broader charitable drive as part of Bitcoin Black Friday and involve other charities in the event.
Founder and Executive Director of BitGive, Connie Gallippi, is very pleased with the progress of the Foundation thus far, which launched earlier this year, and thrilled to see their first donation drive a success. “‘Tis the Season of Giving, and we hope to see more donations to charity in Bitcoins, including BitGive and Save the Children.” The Foundation is running a holiday donation drive ‘Give a Bit this Holiday Season.’
Madeline Finch, Board Member and Secretary of the Foundation says, “We are excited to be entering the world of philanthropy on behalf of the Bitcoin community, and Save the Children’s relief efforts in the Philippines is exactly where we want to see our first donation drive make a big difference.”
To share their vision and continue to educate audiences about Bitcoin and charitable giving, Ms. Gallippi recently presented on the “Positive Social Impact of Bitcoin,” alongside Elizabeth Ploshay of the Bitcoin Foundation Board, at the first annual Latin American Bitcoin Conference in Buenos Aires, Argentina, December 7-8, 2013.
The BitGive Foundation, launched earlier this year, is a charitable giving organization of the Bitcoin community, whose mission is to provide gifts to environmental and public health causes worldwide. BitGive has received several early donations from Bitcoin mining companies KnCMiner and Butterfly Labs, which have grown ten-fold in value, as well as in-kind donations and services from Perkins Coie, LLP and BitPay, Inc., which also processes Bitcoin donations to charities at no cost.
More donations in Bitcoin have come in through the easy two-step donation process on their website. The Foundation has a multi-million dollar long-term goal for global giving and is confident that the Bitcoin community will support that bold vision.
BitGive would appreciate your donation this holiday season. To support the BitGive Foundation, donations are being accepted at: http://bitgivefoundation.org/donate.html.