Featured News

Featured News

The latest FJC news, stories, updates and events. We're doing a world of good, together.

FEATURED STORY

FJC Accepts Its First Donation of Cryptocurrency

Photo by André François McKenzie on Unsplash

In December, 2020 FJC accepted its first ever donation of Bitcoin, liquidating the asset through a leading Bitcoin exchange to generate over $56,000 in philanthropic resources for a Donor Advised Fund (DAF) account. For Bitcoin enthusiasts who have benefitted from the increase in the currency’s value in recent years, the tax benefits for donating Bitcoins and other cryptocurrencies held for a year may be similar to appreciated stock. (FJC does not give tax advice, so please consult your tax advisor). Read more.

Photo by André François McKenzie on Unsplash

CURRENT NEWSLETTER

Beyond Grantmaking

How can donors have multiple impacts with the same philanthropic dollars? By working with FJC to identify nonprofit organizations’ critical financing needs and using their DAF accounts in ways that go beyond grantmaking. Our latest newsletter includes case studies of such diverse organizations as The Tenement Museum, a providers of critical services to homeless families and families facing domestic violence, all of whom encountered urgent operating challenges that were solved with imaginative uses of philanthropic dollars.