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New ways to give directly

As we race to meet Good Ventures’ $5M matching challenge by January 31, we’ve introduced five new ways to give directly to the poor – all with the goal of making it easy and efficient:

1. Bitcoin. 

We now accept donations in bitcoin! You can donate bitcoin through our Coinbase payment page. Bitcoins are automatically converted into USD and transferred into our US bank account. You’ll receive an auto-generated receipt from Coinbase and a separate tax receipt from us.

2. Stocks.

We now accept stock donations, which can be a very efficient way to give in some cases because of tax benefits. Contact us at [email protected] for details.

3. Venmo. 

Venmo makes giving more efficient and more social. When you donate through Venmo, you pay zero transaction fees if you use your bank account, debit card, or Venmo balance. You can also mark your donation as public and spread the word about direct giving with your friends.

4. tinyGive. 

With a tinyGive account, you can give by simply sending a tweet to @Give_Directly with a donation amount and #tinygive. tinyGive is using a grant to cover their processing fees for GD, so all you pay is the standard credit card fee of 2.4% and $0.30 per transaction.

5. Giving What We Can Trust (UK).

Last, we have a new option for donors in the United Kingdom. Giving What We Can and GiveWell have partnered to allow UK-based donors to give to GiveWell’s recommended charities with Gift Aid. After you give on the GWWC website, they will claim Gift Aid on your behalf and send funds to our US bank account quarterly. I’ll be writing more soon about giving from the UK.

And as always, you can give online, by check, and by wire/ACH – and we always appreciate your ideas on other ways you’d most like to be able to give directly!