Bitcoin Challenge FAQ

What is GivingTuesday?
Who is GIV3?
Why a Bitcoin campaign?
What will my donation be used for?
Is GIV3 a charity?
Is my donation tax deductible?
When will I get my tax receipt?
How can I donate to the campaign?
Can I donate other types of currency?

What is GivingTuesday?

Most people know about Black Friday and Cyber Monday … now we have GivingTuesday, December 3, 2019. It is a new global movement for giving and volunteering, taking place each year after Black Friday. The “Opening day of the giving season,” it’s a time where charities, companies and individuals join together and rally for favourite causes. In the same way that retailers take part in Black Friday, the giving community has come together for GivingTuesday. We ask that partners create and commit to a project for GivingTuesday and then help spread the word to their networks.

Who is GIV3?

The GIV3 Foundation is a Canadian registered charity with a mission to encourage philanthropy in Canada. GIV3 stands on three pillars: donations, volunteering and inspiring others. GIV3 is one of the founding partners of the GivingTuesday movement in Canada.

Why a Bitcoin campaign?

GivingTuesday is an open source, decentralized movement - Just like Bitcoin. And like Bitcoin, no one organization owns GivingTuesday. GivingTuesday is a disruptive and positive influence for the philanthropic sector and we think this is the future of philanthropy. We want to rally the crypto-currency community in support of open-source solutions.

What will my donation be used for?

GIV3 develops many tools and resources to help organizations benefit from GivingTuesday. The organization also supports the GivingTuesday movement with public outreach. Donations to the GivingTuesday Bitcoin Challenge will support this work so that more organizations can benefit. In addition, we will be educating non-profits on Bitcoin and crypto-currency so they can embrace this new opportunity and contribute to its growth.

Is GIV3 a charity?

Yes, The GIV3 Foundation is a privately-registered Canadian charitable foundation (CRA #896499464RR0001).

Is my donation tax deductible?

If you wish to receive a Canadian charitable tax receipt, use this link to make your donation. We require your name, address and email address to issue your tax receipt. Your Bitcoin donation is converted to Canadian dollars at the best exchange rate available at the time of transaction. Your tax receipt reflects the value in Canadian dollars.

When will I get my tax receipt?

You will receive a transaction receipt from our payment processor, Bitpay immediately. Tax receipts are issued in batches at the end of each month based on the transaction report we receive from Bitpay.

How can I donate to the campaign?

To donate Bitcoins to the GivingTuesday Bitcoin challenge just hit this link.

Can I donate other types of currency?

The GivingTuesday Bitcoin Challenge is a Bitcoin-only campaign. If you would like to support our work with traditional currency, you can donate to us through CanadaHelps.

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