Contact your donor-advised fund sponsor and sign a bitcoin transaction.
You can make donations to nonprofit organizations in bitcoin without converting to dollars. However, University Impact can convert the bitcoin to dollars and send them to the causes you care about, so that nonprofit organizations do not need to understand bitcoin.
How to make a donation from your DAF shared vault
- Sign in to your University Impact account.
- Once you author the gift from the University Impact portal, University Impact will request you to sign a transaction with your hardware wallet.
- Sign in to your Unchained account and select your DAF vault from your vault dashboard.
- Follow the on-screen instructions to sign the transaction.
- University Impact will send the donation to the chosen nonprofit organization.
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.