Now Accepting Bitcoin Donations!
Experience Camps is now accepting bitcoin donations. Click on the link below to make a secure bitcoin donation through our OpenNode account, including the option to pay with lightning!
If you have any questions, please contact us at firstname.lastname@example.org or 860-850-0397 and we will do our best to answer them!
HOW DO I MAKE A BITCOIN DONATION?
Getting started: Bitcoin payment is distinct from other forms of payment in that you must send funds to a specific order address. You can generate an invoice with our bitcoin or lightning address by clicking this link or the button above.
Donating: Once you proceed with the contribution, you will be presented with a bitcoin or lightning address and a 10-minute payment window. You can then use your bitcoin wallet to send funds to the address within the given time window. At this time, we do require your name and email address, however we will never share this information with others. If the anonymity of your donation is a concern, please contact us at email@example.com to discuss other options to confirm that your donation meets our standards of acceptance.
Finalizing the transaction: As soon as you are in receipt of the payment (within the allotted time), the transaction is complete and you will receive a confirmation email.
HOW DO YOU HANDLE BITCOIN DONATIONS?
Our policy is to convert all bitcoin donations to USD through an instant exchange. While bitcoin is very exciting, we want to put your donations to work for our kids without the speculation or risk that is inherent (at least until bitcoin becomes the global reserve currency).
CAN I DONATE FROM OUTSIDE THE U.S.?
Bitcoin is a global payment network and anyone with a bitcoin digital wallet can donate bitcoin to Experience Camps.
ARE U.S. DONORS ELIGIBLE FOR TAX DEDUCTIONS?
In March, the IRS issued guidance that bitcoin is to be treated as a property for Federal tax purposes. See more here: http://www.irs.gov/uac/Newsroom/IRS-Virtual-Currency-Guidance
Given the IRS guidance that bitcoin is to be treated as property, donating bitcoin offers compelling tax benefits. Donating appreciated property to charity is an often overlooked tax strategy. It allows taxpayers to deduct donated property that would otherwise be subject to capital gains tax. When you make a bitcoin donation on our link, you will receive an email receipt of the transaction. Donors should consult with a tax advisor for properly recording this donation on personal tax return.
HOW DO I BUY BITCOIN?
Visit bitcoin.org for information on how to buy, sell, make purchases and donations with a bitcoin wallet.
All donations are final, however Experience Camps reserves the right to refund donations at our discretion.