Engiven offers an enterprise donation platform that enables nonprofits to accept cryptocurrency and stock donations, automating the exchange to USD and providing tax documentation for each transaction. This solution addresses the challenge of limited donation options by facilitating secure, high-value contributions, with an average donation size of $15,000, significantly higher than traditional methods.
Funding
$3M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Nonprofit organizations often face limitations in their donation options, potentially missing out on contributions from donors who prefer to give cryptocurrency or stock. Manually processing these non-cash donations can be complex, time-consuming, and create tax documentation challenges.
Solution
Engiven provides an enterprise donation platform designed to enable nonprofits to securely accept cryptocurrency and stock donations. The platform automates the conversion of these assets to USD and generates the necessary tax documentation for each transaction. By offering a wider range of donation options, Engiven helps nonprofits tap into new sources of funding and simplify the donation process. The platform's white-labeled giving widget can be customized to match an organization's branding and seamlessly integrated into their website.
Target Audience
Engiven primarily serves nonprofit organizations looking to expand their donation options and streamline the process of accepting cryptocurrency and stock donations.
Features
- Supports donations in 95+ cryptocurrencies.
- Automated conversion of cryptocurrency and stock donations to USD.
- Automated generation of tax documentation, including 8282 and 8283 forms.
- Customizable, white-labeled giving widget for website integration.
- Configurable dashboard to manage funds, customize receipts, and export donor information.
- SOC 2 Type 1 & 2 certification, ensuring security and compliance.
- Multi-factor authentication to protect accounts.
- Integration with Chainalysis for monitoring cryptocurrency transactions.