In the same report, the center noted it had surveyed Americans in 2015 specifically regarding Bitcoin and found only 1% said they had ever owned Bitcoin.
It began in 2017 when an anonymous donor known as the Pineapple Fund gifted 5,104 Bitcoins to 60 charities.
Through Engiven, a crypto donation is immediately exchanged for USD, thus securing the market value of the crypto at the time the donation is made.
Donating cryptocurrency is a non-taxable event, meaning the donor does not owe capital gains tax on the appreciated amount and can deduct it from their taxes.