United Way Becomes Largest Nonprofit to Accept Bitcoin

Nonprofit United Way Worldwide announced today that it now accepts donations in bitcoin, becoming the latest charitable institution to adopt the digital currency into its operations.
The US-based organisation claims to be the largest privately held nonprofit in the world, raising more than $5bn annually with more than 2.8 million volunteers, 9.7 million donors and community initiatives, and partnerships with such companies and organisations as the National Football League (NFL), Exxon Mobile, and General Electric.
The move signifies the further alignment of the charity with its mission to mobilize its activity in improving education, helping people achieve financial stability and promoting better health.

This post was published at Coin Desk on September 15, 2014.

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