The organization that has been at the forefront of the war against breast cancer now supports cryptocurrencies
Susan G. Komen, the world’s leading breast cancer organization, announced that it now accepts crypto-currencies in partnership with The Giving Block donation solution.
The popular crypto charity platform offers a wide selection of digital assets, including such meme coins as Dogecoin (DOGE), Shiba Inu (SHIB) and Dogelon Mars (ELON) as well as such relatively arcane cryptocurrencies such as Gala (GALA), Orchid (OXT) and Civic (CVC).
The foundation is named after Susan Goodman Komen, a model who was diagnosed with breast cancer at the age of 33 and died three years later. His younger sister, Nancy Brinker, founded the organization in 1980.
Komen needs donations in order to be able to provide health awareness education and fund research into breast cancer. Its investment in research has topped $1.1 billion since 1982.
A pillar of crypto charity
Cryptocurrency holders are encouraged to donate crypto instead of cash, as it is more tax-efficient. It should be noted that the Internal Revenue Service (IRS) classifies crypto as property for tax purposes.
Founded back in 2018, The Giving Block has already partnered with hundreds of charities. Humanity Forward, a non-profit founded by Andrew Yang, started accepting cryptocurrencies in May.
Earlier this month, The Giving Block announced a new service that aims to make the process of donating cryptocurrency easier for high net worth individuals.
Last month, the popular charity platform also launched 15 new funds that organize non-profits by their common cause in order to make it easier for donors to support them.
