The BitGive Foundation issues the following press release:
BITGIVE FOUNDATION – FUNDRAISING CAMPAIGN FOR THE WATER PROJECT
Charitable giving in Bitcoin.
(Sacramento, CA – February 24, 2014) – The BitGive Foundation is partnering with The Water Project to promote charitable giving through a fundraising campaign to bring clean, safe water to a community in Africa.
The BitGive Foundation has kick-started the campaign with a 2 Bitcoin donation ($1,248 USD equivalent) towards the $10,000 goal. You can check out the campaign and its progress, and donate by visiting theBitGive Fundraising Campaign.
The Water Project Inc. is a 501(c)(3) non-profit organization unlocking human potential by providing sustainable water projects to communities in sub-Saharan Africa who suffer needlessly from a lack of access to clean water and proper sanitation.
The Water Project recently began accepting Bitcoin donations and especially accommodated a crowd-sourcing campaign in Bitcoin for the BitGive Foundation’s effort. The Water Project’s President, Peter Chasse, is also a fan of crytocurrencies and recently released this blog Welcome Cryptos to encourage crytocurrency donors to give to The Water Project.
The BitGive Foundation is pleased to be working with such a worthy organization and to support their new acceptance of Bitcoins with a $10,000 fundraising campaign. This is the young Foundation’s second major fundraising effort. They also raised $4,850 worth of Bitcoins for Save the Children’s Typhoon Haiyan Children’s Relief Fund last November.
Madeline Finch, Board Member and Secretary of the Foundation says, “We are very pleased to be working with The Water Project and happy to kick-start the campaign with 2 Bitcoins. We are a fairly new organization, and The Water Project is perfectly aligned with our mission.”
To share their vision and continue to educate audiences about Bitcoin, Connie Gallippi, Founder and Executive Director of BitGive, recently presented on a ‘Future of Giving’ panel at the Startup & Tech Mixer in San Francisco with thousands of attendees, and she has also presented at several Bitcoin conferences and events in the US and South America. She and Madeline also serve as leading women in the Bitcoin community, which is known for being light on female representation.
The BitGive Foundation, launched last year, is a charitable giving organization leveraging the power of the Bitcoin community to improve public health and the environment world-wide. BitGive received several early significant donations from Bitcoin mining companies KnCMiner and Butterfly Labs, as well as in-kind donations and services from Perkins Coie, LLP and BitPay, Inc., who also processes Bitcoin donations to charities at no cost.
The Foundation will soon be launching a Founding Donors Campaign to raise capacity-building funds to sustain the organization and support its mission. 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.