Donate Bitcoin and other cryptocurrencies
Make a Bitcoin donation to Frimley Health Charity- and improve patient experience and outcomes across Surrey, Berkshire, South Bucks and Hampshire.
Frimley Health Trust has an ambitious and forward thinking reputation and as a Charity, we want our methods of donation and donors to reflect that. We can now accept Bitcoin, Ethereum and nearly 80 other cryptocurrencies – a form of digital currency. Your Bitcoin donation can be donated to generally to the Trust or to a specific ward, hospital or area of research, just like a cash gift.
We want to embrace innovation in fundraising and we believe that the future of transactions and investments lie in blockchain, NFTs and crypto. We believe that promoting that we accept these donations will result in donations we may not otherwise receive, as well as connecting us with new types of supporters. Also, as we look to increase our legacy giving, it looks likely that we will receive digital currency as a donation and/or as part of a legacy at some point and we want to be prepared for that eventuality.
We use The Giving Block to accept donations of cryptoassets. They are adding more currencies monthly with nearly 80 onboarded. An up to date list can be found here: https://thegivingblock.com/resources/cryptocurrency-we-accept/
Amazon and Expedia accept Bitcoin, along with charities such as the RNLI, UNICEF, The Water Project, Teach Africa and Virtual Doctors.
We use The Giving Block to process our crypto donations and your details can be given to them on the point of donation, much like Justgiving. Yes, you can choose to remain anonymous but we would really love to say thank you! Cryptocurrencies work in the same way as cash donations in that anyone can send them to us without providing their details but if it is over a threshold and no donor details can be sourced, we reserve the right to decline it.
Yes. Instead of selling your Bitcoin and donating the after-tax proceeds, you can donate your cryptoassets directly to us, which means your donations quoted on your tax return will be the same as the market value of the donation.
Yes, we’ve selected a provider that we believe offers the best level of protection for our cryptocurrency in a hosted ‘wallet’ using two-factor authentication and AES encryption.
As with all online transactions you should take care when entering your information and follow reasonable security measure with your personal information.
A unique feature of the crypto system is that all transactions where funds move from one wallet to another are publicly visible in a public ledger that forms the basis of the blockchain system.
Yes. There is currently no legal restriction for merchants to accept payments in Bitcoins in the UK. HMRC have issued guidance to companies on how to handle, record and tax Bitcoin transactions, and operations which we will comply with. More details on HMRC guidance are available here.
We already have safeguards in place to monitor donations, however we receive them. In addition, we will notify the Charity Commission should an individual anonymous donation exceed a certain amount.
If you have any questions about donating cryptocurrency to our hospitals, please do contact Philanthropy Manager, Kathryn Moore on kathryn.moore25@nhs.net