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

Revolving Funds, Legacy & Collective Giving

Photo courtesy of Chapin Hall at the University of Chicago

Our June newsletter shows how an imaginative donor used a revolving fund to empower the nonprofit Southern Environmental Law Center to take on significant campaigns and projects against polluters in six states. We also highlight how FJC honored the philanthropic legacy of a donor by issuing a Request for Proposals based on her programmatic wishes: developing alternatives to the current police response when encountering the mentally ill in New York City. Plus, learn more about how a funding collaborative is utilizing a Collective Giving Account to work towards transforming New York City's homelessness systems.

Photo courtesy of Chapin Hall at the University of Chicago