Save the Children has expanded its offering to accept cryptocurrency donations with the introduction of its Bitcoin Fund.
Developed with digital asset firm Fortris, the initiative allows the organization to hold bitcoin donations for up to four years, giving donors more control over when contributions are converted and used, the charity said Thursday
While many nonprofits accept crypto donations, most immediately convert the assets to fiat. Save the Children’s Bitcoin Fund stands out by holding donations for the long term and piloting blockchain-based delivery tools, signaling a shift in how NGOs could manage digital assets to maximize impact and speed during crises.
The bitcoin-powered fund aims to overcome delays common in traditional foreign aid systems. By having crypto assets, Save the Children can unlock resources faster during crises and test new forms of direct assistance, including stablecoin transfers and digital wallet-based vouchers.
“This innovation integrates the speed, cost-effectiveness and financial inclusion of blockchain-based tools to strengthen Save the Children’s emergency response and long-term development programs,” said Janti Soeripto, President and CEO of Save the Children USA
The fund’s design reflects the growing interest in decentralized funding as a way to reduce costs and increase transparency in humanitarian aid. “Our bitcoin donors asked for the flexibility to choose when to convert to maximize the impact of their generosity, and this fund delivers exactly that,” said Antonia Roupell, Save the Children’s head of innovation and partnerships.
Save the Children has been accepting bitcoin donations since 2013 and has raised millions in digital assets through its Hodl Hope campaign.
