Donate to OpenSats
Fill out the form below to donate to our General Fund. Most of our grants as well as our long-term support program are sourced from this fund.
Wire Transfers
As credit card processing fees can be quite high, we encourage you to make use of wire transfers if you are considering to make a substantial donation.
Please reach out to donate@opensats.org with an inquiry for our wire information.
Donor-Advised Funds
You can donate to OpenSats via a donor-advised fund. To quote our friends from Brink:
A donor-advised fund (DAF) is a private fund administered by a third party and created for the purpose of managing charitable donations on behalf of an organization, family, or individual.
DAFs have become increasingly popular, primarily because they offer the donor greater ease of administration, while still allowing the donor to maintain significant control over the placement and distribution of charitable gifts. In addition, companies are able to offer this service to clients at a lower cost than if the funds were handled privately.
There are several benefits to donating through a DAF:
- It allows the donor to better manage their tax burden. For example, the donor may choose to donate a large sum to maximize deductions in one tax year, and then spread out their charitable giving from the fund over multiple years.
- Any growth in the value of the fund is tax exempt.
- It’s easy to donate Bitcoin (or other appreciated assets) to the fund while not incurring capital gains tax.
By donating Bitcoin through your DAF, you will receive the tax-deductible benefit for the value of the Bitcoin, but OpenSats will receive USD, not Bitcoin. For more details, please contact your DAF portfolio manager.
The three largest DAFs are Fidelity Charitable, Schwab Charitable and BNY Mellon Charitable Gift Fund. All three can accept Bitcoin donations.
If you have an established account with one of the above-mentioned funds, then you can donate directly to OpenSats through your DAF.
If you’d like to learn more about the ways a DAF fund might be useful in your giving portfolio, contact donate@opensats.org or the investment manager of your DAF.
Donate to Operations Budget
We don't take a cut from donations to open-source projects. Consequently, we have to raise money for our operational expenses separately. Please donate to our Operations Budget to keep OpenSats alive.
If you would like to facilitate a substantial donation or support us on a recurring basis, please reach out to donate@opensats.org.