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This article appears as part of a paid partnership with Muckle LLP

Cryptocurrency donations – how one charity handles forward-thinking fundraising

by Cumbria Crack
21/12/2023
in News, Sponsored
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Picture: Mike Smith Photography

Leading law firm for business Muckle LLP is lining up experts to feature in its new podcast series, Charity Matters, dedicated to exploring the most talked about topics within the charity sector.

The podcast series, hosted by Muckle LLP’s specialist lawyers, delves into crucial subjects and trending topics relevant to the charity sector, covering everything from financial challenges to cryptocurrency donations and sustainability.

In each episode, Muckle’s legal experts will discuss important matters with guests who have first-hand experience of the topics under discussion.

The first episode features Samantha Pritchard, partner of Muckle LLP’s charities team, senior associate Alison Jones, and Charlotte Campbell, director of fundraising and operations at the Children’s Heart Unit Fund (Chuf).

Chuf is a North East-based charity that supports children and babies who are diagnosed with heart conditions and was among the first UK charities to accept cryptocurrency donations.

In the episode, Charlotte talks about the charity’s involvement with cryptocurrency, detailing the process of accepting crypto donations and the accompanying risks. Charlotte also highlights the advantages of cultivating a diversified income stream and its role in the charity’s growth and current success.

Chuf works closely with The Giving Block, an online not-for-profit US-based platform that enables the charity to convert cryptocurrency donations into traditional currency.

Samantha Pritchard said: “Our discussion with Charlotte was incredibly enlightening and provided useful insights into what charities need to think about if they are considering accepting crypto donations as well how to form wider fundraising strategies to raise vital funds for their cause.

“The primary goal of our new Charity Matters podcast is to hear from guests who have direct experience of topical issues and to add legal and governance insight to the topics under discussion. Podcasting is a great way for us to engage with our audience and share our expertise more widely.”

Charlotte said: “A huge thanks to both Samantha and Alison for inviting me onto the podcast to discuss Chuf’s experience with cryptocurrency donations.

“We’ve been accepting cryptocurrency donations for over six years now, and it’s becoming a growing focus area for charities across the UK.

“Despite being a small charity, we pride ourselves on our forward-thinking approach and resilience in the crypto world.

“Hopefully, this discussion will be beneficial for other charities considering crypto donations and different fundraising avenues.”

Episodes of the Charity Matters podcast will be released every other month. The first episode is now available to listen below
or at https://www.muckle-llp.com/insights/podcasts/crypto-donations/

Cumbria Crack · Charity Matters

To find out more about the Children’s Heart Unit Fund (Chuf), visit https://www.Chuf.org.uk/

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