The Glenrose Rehabilitation Hospital Foundation (GRHF), a healthcare foundation based in Alberta, has begun taking donations in a variety of cryptocurrencies, including Bitcoin ($BTC), Ethereum ($ETH), and even the meme-based cryptocurrency Shiba Inu ($SHIB). According to Global News, the move was made possible through a partnership with charitable cryptocurrency organisation “The Giving Block,” which enables the GRHF to accept bitcoin donations from donors.
The funds are first received by GRHF and then converted to the fiat currency that it uses. The healthcare organisation said in a press release that cryptocurrency donations allow it to reach a new set of donors in Alberta.
Notably, cryptocurrency donations to Fidelity Charitable, the largest grant-maker in the United States, increased by more than 1,000% last year. The organisation collected $331 million in crypto assets via donor-advised funds, an increase from $28 million in 2020. The early DOGE community was well-known for its charitable activities. It made headlines in 2014 when it raised more than $25,000 in DOGE to let the Jamaican bobsleigh team participate in the Winter Olympics in Sochi.