Continuum Announces Capability to Accept Cryptocurrency Donations
Monday, November 29, 2021
FOR IMMEDIATE RELEASE
Deborah Cox, MS
Vice President, Development and Marketing
Continuum Announces Capability to Accept Cryptocurrencies Donations
NEW HAVEN, CT – November 29, 2021 – Today, Continuum of Care, a 501(c)3 organization whose mission is to help rebuild the lives of people who are challenged with mental illness, intellectual disability, and/or co-occurring substance use disorder is excited to announce that it has started accepting donations in the following cryptocurrencies:
- Bitcoin (BTC), Ethereum (ETH), Amp (AMP), Basic Attention Token (BAT), Bitcoin Cash (BCH), ChainLink (LINK), Dai (DAI), Dogecoin (DOGE), The Graph (GRT), Gemini Dollar (GUSD), Litecoin (LTC), Storj (STORJ), UMA (UMA), Zcash (ZEC), 0x (ZRX) and 1inch (1INCH) and more!
By accepting cryptocurrencies, Continuum is offering supporters with cryptocurrency portfolios the ability to support the organization in a tax efficient way. The IRS classifies cryptocurrency donations as property, meaning they are not subject to capital gains tax and are tax deductible on the donor's tax returns.
“We are excited to join the cryptocurrency space,” said Patti Walker, President and CEO of Continuum. “We look forward to welcoming new supporters to our mission of rebuilding the lives of our community’s most vulnerable.”
Continuum will be working with The Giving Block, leaders in equipping nonprofits with the tools and techniques to effectively fundraise with cryptocurrency.
To donate cryptocurrency to Continuum, visit www.ContinuumCT.org/Crypto.
Since 1966, Continuum of Care has helped rebuild the lives of adults with severe and persistent mental illness and/or intellectual disabilities by providing comprehensive housing, home support services, and outpatient clinical care so they may live as fully and independently in the community as possible. The majority of Continuum’s clients and patients live well below the federal poverty level. Each year, the organization rescues approximately 250 individuals from homelessness and it serves approximately 2,100 people across the State of Connecticut. Continuum of Care, Inc., is a not-for-profit, 501(c)(3) organization. For more information, contact: Continuum of Care, 109 Legion Avenue., New Haven, CT 06519 | 203.562.2264 | www.ContinuumCT.org.
ABOUT THE GIVING BLOCK
The Giving Block equips nonprofits to fundraise cryptocurrencies like Bitcoin, providing education, training and a technical solution. For nonprofits who choose to go the extra mile, they advise on crypto fundraising strategies, and/or pair nonprofits up with partner crypto organizations, elevating fundraising and awareness outcomes. Ultimately, they help nonprofits build a cryptocurrency fundraising program, and a brand in the cryptocurrency industry.
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