Tagbitcoin charity

$55 Million: Pineapple Fund Bids Farewell after Making Final Anonymous Donation

pineapple fund

Last year in December, a Redditor decided to give majority of their bitcoins to various charities, calling it the Pineapple Fund. The anonymous philanthropist created a website and began accepting applications from non-profit organizations. The goal was to donate 5057 BTC, worth almost $86 million back when one BTC was valued at $17,539. Today, the benefactor "Pine", who never disclosed any...

Bitcoin Charity Sends Free Software Foundation $1 Million Donation

Pineapple Fund

The Free Software Foundation (FSF) has recently received a 91.45 BTC (roughly $1 million) donation from the anonymous founder of the Pineapple Fund, a bitcoin charity set to donate a total of 5,057 BTC, at press time worth about $54 million, to various organizations. We're overjoyed to announce that the FSF has received an extraordinary gift of 91.45 Bitcoin from the #PineappleFund, valued at...

Bitcoin Charity Makes $5 Million Donation to Basic Income Experiment

Pineapple Fund

The anonymous founder of bitcoin charity Pineapple Fund struck it rich investing in bitcoin, and now they are using that wealth to help rural Kenyans trapped in extreme poverty. Pineapple Fund Makes $5 Million Donation to GiveDirectly On Friday, “Pine,” the alias of the Pineapple Fund’s founder, announced on the Basic Income subreddit that the fund had donated $5 million to GiveDirectly, a...

$22 Million: Bitcoin Price Gains Spike Fidelity Charity’s Donations in 2017

Fidelity Bitcoin

The charity arm of mutual fund giant Fidelity has raised over $22 million in bitcoin this year. Fidelity Charitable, the donor-advised charitable trust fund run by financial giant Fidelity Investments, has seen donations in bitcoin swell to $22 million so far in 2017. While the fund raised $11 million up to November, a marked uptick in December doubled that figure in the past fortnight, as per a...

Bitcoin Donations Support The Royal National Lifeboat Institution

The Royal National Lifeboat Institution (RNLI) is a charity institution that rescues people at sea in the British Isles. It saves on average 23 people every day, and since its inception in 1824 has saved 140,000 lives. The charity has come a long way since its founding. Three months ago, the RNLI began accepting Bitcoin donations. Also read: RNLI Will Now Accept Bitcoin   Bitcoin Donations...

CryptoCause Fundraiser to Help CCN Author Scott Fargo Pay Rising Medical Bills

CryptoCause is a new charitable organization dedicated to raising money to support Bitcoin mining community members who fall upon hard times. For its second fundraiser, CryptoCause selected CCN author and mining guru Scott Fargo, who has encountered a variety of serious medical issues over the last several years. [divider]CCN[/divider] CryptoCause Fundraiser to Help CCN Author Scott Fargo Pay...

Bitcoin and Charity: Time to step up!

Charity initiatives are fine, but there is the little problem that charities need us to give them money, any kind of money, as they're not in the business of being that fussy, and getting people to give them money is not easy. I may have a solution, and I'm going to thank that great man, Benjamin M. Lawsky, the New York Superintendent of Financial Services, for giving me the idea. This idea...