How to Donate Bitcoin to Help Kids and Lower Your Tax Bill

A photo depicting cryptocurrency coins such as bitcoin, Ethereum and Dogecoin

You’ve probably been seeing more and more news about cryptocurrency lately, with people buying cars using bitcoin and some wealthy philanthropists donating as much as $1 billion in crypto to global COVID-19 relief.

Today we’ve got some more news: Compassion now accepts cryptocurrency donations. Here’s everything you need to know about why and how to donate bitcoin to fight poverty and reduce your tax bill.

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Ever Wondered: Why Do People Donate to Charity?

A bright young man who wants to be a scientist someday.

Working for this global ministry, there’s much to be fascinated by, but one thing that constantly amazes me is how so many regular, everyday, hardworking people are extremely generous in their giving.

But I wondered: Why do people donate to charity or ministry at all? What do they get out of giving? Turns out, there’s a lot of science behind the reasons for why people give.

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A group of children are standing against a wall in their neighborhood.

Why Do I Choose to Sponsor a Child? It’s Personal.

Like most families with young children, my husband and I don’t have a ton of disposable income. There are always diapers to buy, groceries to replace or the unexpected medical bill or home repair to cover. So with the little money we do have at our discretion, we make sure to use it wisely. Intentionally.

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Girl, in a pink and black shirt, is standing on the sand laughing with another girl and a boy, both wearing yellow. Julenda is not part of the Child Sponsorship Program. There are trees in the background.

How a Generous Sponsor Uses His Company Match to Maximize His Giving

David Choi has been sponsoring a child through Compassion since he was a teenager growing up in Australia. When he moved to the U.S. for work in 2014, he began sponsoring a boy from Uganda who was the same age as his eldest son. Now, with two active boys and a career in product marketing for a Fortune 100 technology company, David stays busy, but there are two annual reminders on his calendar that are very important to him.

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A child makes the shape of a heart with their hands

6 Authentic Ways to Be Generous but Not Judgmental

Working in poverty alleviation, I can feel the need to explain and justify the nice things I have. I worry that people will judge me or will judge the organization I work for if I don’t drive a junker and get my clothes on consignment. But I’ve come to realize that my justifications are creating a culture — a culture around me of implied judgment of the choices of others by my constant need to justify my own purchases and assets.

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If I Give All I Have to the Poor, But Have Not Love… Love in the Bible

3 Bad Reasons to Give to Charity

Here are three reasons people give to charity that may be prompted by something other than love — and why it matters.

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What Does the Bible Say About Giving?

What Does the Bible Say About Giving?

These inspiring Scripture verses and devotional will help you learn more about God’s heart of generosity.

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Sign saying good gift better gift.

Provide a Lifetime of Hope for a Child in Poverty

What if, instead of giving gifts that break, expire or get used up, you gave a gift that lasts forever?

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two elderly women with their heads together

Seven Ways to Give of Yourself — In Every Season

Instead of focusing solely on places to send our money, let’s take a look into ways we can give of our time, money, and talents—in every season.

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people waiting in line for food

20 Days About Giving

Let’s talk about how the next 20 days are going to be different than normal for each of us. Let’s talk about the joys, rewards, effort and difficulty involved with giving. And let’s raise $20,000 for children in need this Christmas.

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woman with young child

It’s About Giving

Let’s paint a complete picture of giving this holiday season and see what we come up with. Let’s see if what we uncover helps connect us more closely to Jesus and helps make giving a part of our everyday lives.

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three potted plants

You Give It to Them

Sometimes we do things we do not understand because they are known only to the Lord. This is what our ministry does.

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