Bitcoin and Fundraising

Bitcoin has become one of the hottest buzzwords in the financial realm. Daily, there are news articles debating its viability and whether it is an investment product or the currency of the future. For many people, and nonprofits, this currency is confusing and remains shrouded in mystery. However, there are a few nonprofit institutions that have established policies and procedures around the acceptance of Bitcoin as an alternative gift vehicle. While the amount of donors are still few in number compared to traditional fundraising the upside of accepting Bitcoin can be substantial.

During this presentation you will get an overview on: What is Cryptocurrency? Who owns it? How to get it? And what to do with it once you accept a donation? 

Presenter Bio:

Matt Wahrhaftig is a dynamic and innovative fundraising professional with a strong track record of change management and organizational growth. 

Matt is a graduate of Wilmington College where he earned his B.S. in Biology. He attained his M.B.A. in Strategic Leadership from Ohio University and is a CFRE (Certified Fund Raising Executive). Matt has over 26 years of management and development experience, in key leadership roles at several not-for-profit organizations. 

In his current role as Vice President for College Advancement he has; retooled the Advancement efforts of the College, changed the culture to one of data informed decision making, completed the largest campaign in the history of the Wilmington College and oversaw the process of accepting the first bitcoin donation - making WC one of the first institutions of Higher Education to establish this process. 

Prior to his current role he served as Executive Director of The Society for the Improvement of Conditions for Stray Animals (SICSA), and Executive Director of the Kettering Education Foundation as well as running his own nonprofit consulting firm.