Bitcoin FAQ

How will my Bitcoin donation be used?
In addition to building our capacity as an organization to respond to the ever-growing number of requests for partnership and collaboration, your donation will help fund programs that benefit the widening Burning Man community.

ARTS:
Global Art Grants
Big Art for Small Towns
Black Rock City Art

CIVIC ENGAGEMENT:
Civic Art Program
Burners without Borders
Grants for Community Initiatives

GLOBAL NETWORK OF EMERGING COMMUNITY LEADERS:
Regional Network of over 250 volunteer Regional Contacts on 5 continents
Global Leadership Conference in San Francisco (April, 2015)
European Leadership Summit in Amsterdam (February, 2015)

EDUCATION:
Online Learning Portal (in development)
Skill sharing through trainings, workshops, lectures, conferences and seminars.

Who can donate Bitcoin? Can I donate from outside the United States?
Bitcoin is a global payment network and it allows Burning Man to accept donations from anywhere in the world. The only requirements are that you have a Bitcoin digital wallet and an Internet connection.

Are donors eligible for tax deductions when making a donation via Bitcoin?
For donors in the U.S., donations via Bitcoin offers compelling tax benefits. The IRS has issued guidance designating Bitcoin as property for federal tax purposes. Donating appreciated property to charity allows donors to deduct donated property (Bitcoin) that would otherwise be subject to capital gains tax. When you make your donation, you will receive an email receipt of the transaction. Donors should consult a tax advisor for proper recording of this donation on tax returns.

How do I use Bitcoin?
Getting started: When making a donation from the Burning Man donation page, Bitcoin is included as one of the options for making a payment. After selecting a donation amount and the option to use Bitcoin, you’ll be presented with options to donate directly from your Bitcoin wallet, donating from a Coinbase account or scanning a QR code that allows for donating via mobile Bitcoin apps.

Donating: Once you initiate a contribution, you will be presented with a Bitcoin address and a 10 minute payment time limit. You will have 10 minutes in which to make your donation. During this time the Bitcoin value is locked in. After 10 minutes, your Bitcoin order will expire.

Finalizing the transaction: As soon as the recipient receives the payment (within the allotted time window), the transaction is complete and the donor will receive a confirmation email.

Where can I learn more about Bitcoin?
For more information, read the Bitcoin FAQ.