Description
Pledge is an all-in-one fundraising platform that empowers nonprofits, companies, and individuals to raise funds for causes they care about. Through PledgeCrypto, nonprofits can seamlessly accept donations in 25+ cryptocurrencies — including Bitcoin, Ethereum, and more — with instant conversion to local currency.
Key Features:
- 25+ Cryptocurrencies Accepted — Donors can give using their preferred crypto, automatically converted to cash with no crypto volatility risk for nonprofits
- Works with Any Nonprofit — Over 2 million verified charities can add a crypto donation button to their Pledge form and receive funds in their local currency
- IRS-Compliant Tax Receipts — Automatic tax documentation for both crypto donors and recipient organizations
- Carbon Offset Commitment — Patented system ensures every crypto donation supports verified UN Climate Neutral Now carbon offset projects
- Free to Use — No setup fees, no monthly fees, no contracts required
- Multiple Donation Channels — Embed crypto giving via donation forms, fundraiser pages, text-to-donate, QR codes, live event displays, and e-commerce integrations
Ideal Use Cases:
PledgeCrypto is ideal for nonprofits wanting to expand their donor base to the crypto-giving community, disaster relief campaigns needing rapid fundraising deployment, and companies looking to add crypto donation options at checkout or during events. The platform integrates with Salesforce and other CRMs for seamless donor data management.
Highlights
Pros
- Provides IRS-compliant tax receipts for both crypto donors and recipient organizations, simplifying year-end tax reporting.
- Automatically converts crypto donations to local currency at the time of donation, eliminating cryptocurrency volatility risk for recipient nonprofits.
- Integrates crypto giving alongside traditional fundraising channels — forms, text-to-donate, QR codes, and live event displays — from one platform.
- Accepts 25+ cryptocurrencies including Bitcoin, Ethereum, and stablecoins, giving donors broad flexibility in how they contribute.
- Each crypto donation automatically supports verified UN Climate Neutral Now carbon offset projects through a patented system.
- Works with over 2 million verified charities, allowing most established nonprofits to accept crypto donations without additional registration.
Cons
- Donations are processed through a donor-advised fund and regranted monthly, meaning nonprofits may wait weeks before receiving funds.
- OFAC sanctions screening automatically blocks donations from restricted countries, which may prevent legitimate cross-border giving to sanctioned regions.
- Only supports 25 cryptocurrencies, excluding many smaller-cap or lesser-known coins that some crypto donors may hold.
- Nonprofits must be verified US 501(c)(3) organizations or vetted international entities, excluding informal community groups and unregistered charities.
- Nonprofits cannot control the timing of crypto-to-fiat conversion since Pledge handles the conversion automatically upon receipt.
- International nonprofits must undergo additional vetting, and cross-border donations are routed through third-party partners with added restrictions.