Fix the world with bitcoin donor-advised funds, powered by Unchained Connections

At Unchained, we believe in the power of bitcoin to not only secure personal wealth but also to create meaningful, positive change in the world. That’s why we’re introducing donor-advised funds (DAFs) sponsored by University Impact and powered by Unchained Connections. This new offering allows you to maximize the impact of your charitable bitcoin, giving you the power to support the causes you care about with the assurances that only a bitcoin-native product can provide.

What is a donor-advised fund?

A donor-advised fund is a versatile charitable giving vehicle that enables you, assuming relevant requirements are met, to make a contribution, receive an immediate tax deduction, and then recommend grants to charitable organizations over time. They provide a strategic resting place for your bitcoin before it reaches its final destination, allowing you to plan your giving while benefiting from the appreciation of your donated assets. You can read more about DAFs in this Bitcoin Magazine article.

Why choose bitcoin donor-advised funds?

The bitcoin DAFs on the Unchained platform operate within the same secure, multisig vaults that have been protecting over 98,000 bitcoin for more than 8,000 clients. This means that donors can send bitcoin directly into the DAF, keep it as bitcoin within the DAF, and send bitcoin directly from the DAF to the non-profits of their choice, without having to convert in and out of US dollars throughout the process. While other DAFs may offer “exposure” to bitcoin, bitcoin contributed to those DAFs is typically converted to US dollars, and those DAFs are often unable to send bitcoin directly to the non-profit organizations. 

Bitcoin DAFs with Unchained come with many benefits:

• Simplify bitcoin for the causes you care about: Watch the bitcoin’s value grow tax-free within the fund, increasing the overall impact of your charitable gifts, and direct donations to your chosen charities in either bitcoin or US dollars. This helps you hold bitcoin on behalf of charities that aren’t ready for bitcoin, and lets you send bitcoin directly from the DAF to the charities that want to hold bitcoin, helping them avoid exchange fees, and enabling more of your bitcoin donation to reach the causes that matter most to you.
• Security and transparency through multisig vaults: The bitcoin is secured in a segregated, collaborative custody vault and where donors can participate. When you donate bitcoin to a bitcoin DAF powered by Unchained, the bitcoin is secured in a 2-of-3 multisignature arrangement. The bitcoin remains securely on-chain, verifiable at any time, providing an unmatched level of transparency and peace of mind.
• Tax benefits: You receive a tax deduction for the fair market value of your bitcoin at the time of donation. Also, bitcoin donated to a DAF is not subject to capital gains tax, which could significantly enhance the value of your charitable donation if bitcoin appreciates. 

Fix the world

Bitcoin donor-advised funds powered by Unchained are more than just a way to give—they’re a way to transform the way we think about money, security, and philanthropy. By leveraging the unique properties of bitcoin, we’re creating opportunities to support the open-source contributors, academic organizations, and charities that make the bitcoin and the greater freedom tech movement possible.

“Save the Children believes every child deserves human rights since our founding more than 100 years ago. As the world’s first international NGO (Non-Governmental Organization) to accept a bitcoin donation in 2013, innovation is part of our theory of change and thus we are excited about the potential of a bitcoin DAF.” 

–Ettore Rosetti, Head Advisor, Save The Children

“Unchained’s DAFs are an incredible option for people looking to do good and have that amplified by the superior monetary properties of bitcoin. The Human Rights Foundation is thrilled to be an avenue for those eager to support bitcoin and freedom globally.”
— Christian Keroles, Director of Financial Freedom, HRF

“It’s great to see a Bitcoin-native DAF option available for donors. The privacy benefits, transparency, paperwork simplification, and tax benefits, all while hodling BTC in a multisig, is pretty slick.”
— Mike Schmidt, Executive Director, Brink

Fix the money, fix the world.

Get started today

Take the first step towards maximizing your charitable impact by setting up your bitcoin DAF today by creating an account. Have questions? Our experts are ready to help you understand how you can make the most of your charitable bitcoin giving.

Unchained does not provide tax or legal advice. This information is educational only and cannot be relied upon as tax advice. It has not been catered to your individual tax circumstances. Unchained makes no representations regarding the tax consequences of any structure described herein, and all such questions should be directed to an attorney, CPA, or other tax advisor of your choice.