Cryptocurrency

We are excited to be able to offer your organization a new method of giving with cryptocurrency. This article lists the information that is required to to set up Cryptocurrency giving for your organization as well as answers to commonly asked questions.  

 

Information needed from organization

  • Address to mail the check - confirm if the address for your organization in SecureGive is correct for mailing (Account > Profile)
  • Email address to receive the monthly crypto statements
  • Date of Incorporation (or date formed). If you do not know the exact date, the month and year will do
  • Federal Tax ID number
  • If you have more than one location and would like separate accounts set up for each location

 

General Information

  • Your organization will be mailed a check weekly for the donations made the week prior (Week is based on midnight Pacific time) 
  • You will also receive a statement via email that states what transactions make up that check and details the fees. This statement will come from engivenfoundation@ppf.org
  • Fees will be deducted from the check 
  • Cost: Please contact our success team for the cost of adding it to your monthly subscription. Processing fees are 4% per transaction.
  • This is currently available for online giving only and is not available on the mobile app.



FAQs

How will my organization receive funds from cryptocurrency gifts?

When a donor chooses to give by Cryptocurrency in SecureGive, they enter the amount in whatever cryptocurrency they choose. Then they are given a code to take to their crypto wallet to complete the donation. Once it has been completed through their crypto wallet, it is immediately converted to US dollars. At that point, it will show up as a donation in your All Transactions report based on the currency exchange at the time of the conversion.   Funds are sent to your church in US dollars via check the first week of each month and will contain all the gifts from the previous month.

 

How much does Cryptocurrency Giving in SecureGive cost?

Please contact our success team for the cost of adding it to your monthly subscription. Processing fees are 4% per transaction.

 

Will cryptocurrency gifts show up in my SecureGive Analytics and transaction reports?

The great thing about Cryptocurrency Giving in SecureGive is that you’re able to track and manage it all right alongside the rest of your digital giving in SecureGive. Crypto transactions are included in your analytics and your transaction reports.

 

Will cryptocurrency transactions be included on giving statements?

Yes, cryptocurrency gifts will be included on giving statements issued through SecureGive. However, they will be listed in a separate section from regular contributions.

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