Forward-thinking nonprofits are excited about the opportunity to raise funds without losing large chunks of the money to international transfer fees. Accepting donations in bitcoin would not only save money, but could give Rotary much more freedom to operate in innovative ways. Moreover, bitcoin makes it economically feasible to send smaller amounts and micro-donations – amounts of $1 or less – due to absence of transaction fees. Such micro-donations would be profoundly impactful to individuals in developing countries where Rotary International service projects are most impactful.

With millions of individuals actively transacting bitcoin around the world and tens of thousands of merchants accepting bitcoin, the potential for donations is amazing. Rotary International would be able to connect with a new base of donors that would not have otherwise considered donating or joining Rotary International.

About Rotary International

Rotary International, the world's largest and oldest service organization, provides humanitarian services, encourages high ethical standards in all vocations, and helps build goodwill and peace in the world. It’s a secular organization open to all people regardless of race, color, creed, religion, gender, or political preference. There are 34,282 Rotary clubs and over 1.2 million members worldwide.

Rotarians are improving lives in communities around the world every day through thousands of service projects, including access to clean drinking water, disease prevention, and literacy programs.

About Bitcoin

Bitcoin is a frictionless, decentralized payment system that enables peer-to-peer transactions without the need for a centralized authority. Released as an open-source software, bitcoin enables users to transact directly without needing an intermediary to verify the transaction. There are zero fees associated with bitcoin transactions, and funds can be transferred instantaneously in anyone, anywhere in the world with a smartphone and internet connection.