Save the Children has expanded its offering to accept cryptocurrency donations with the introduction of its Bitcoin Fund.
Developed with digital asset company Fortris, the initiative allows the organization to hold bitcoins. 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 money. Save the Children’s Bitcoin Fund distinguishes itself by maintaining long-term donations 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 owning crypto assets, Save the Children can unlock resources faster during crises and pilot 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 in the US.
The fund’s design reflects a growing interest in decentralized finance as a way to reduce costs and increase transparency in humanitarian aid. “Our bitcoin donors asked for flexibility in choosing when to convert to maximize the impact of their generosity, and this fund offers exactly that,” said Antonia Roupell, director of innovation and partnerships at Save the Children.
Save the Children has been accepting bitcoin donations since 2013 and has raised millions in digital assets through its Hodl Hope campaign.
