When a donor supports your organization with crypto on Every.org, we:
- Automatically sell and send them a receipt for their donation.
- Record the donation and fees reported by the exchange within 1 business day.
- Disburse the full realized value of the donation to you in accordance with our normal disbursement schedule.
Donations are received by Every.org and then disbursed to your nonprofit. This allows us to be the ones responsible for any compliance with the IRS and setting up a crypto wallet. Your organization does not need to create a crypto wallet when accepting and processing crypto donations through Every.org. You can read more about how this process works behind the scenes here.