FundSvcs Community

I personally have not but know many who have. It's really not a big deal provided you have a "wallet" into which to accept and immediately sell: https://www.pcmag.com/roundup/363529/the-best-cryptocurrency-wallets Assuming we had done our homework and established an exchange protocol, I would do it in a heartbeat. John John H. Taylor Principal, John H. Taylor Consulting 2604 Sevier St. Durham, NC 27705 johntaylorconsulting@gmail.com 919.816.5903 (cell/text) Serving the Advancement Community Since 1987 On Thu, Feb 28, 2019 at 4:32 PM Semere-Ab Abiyo <semere.abiyo@utoronto.ca> wrote: > Have you ever received a crypto currency as a gift? Will you receive if > offered? > > > > Semere > > > > > > Semere-Ab S. Abiyo, CPA, CGA, CPA (US) > Director, Alumni and Donor Services > Division of University Advancement, University of Toronto > > J. Robert S. Prichard Alumni House > > 21 King’s College Circle > > Toronto, Ontario M5S 3J3 > > E-mail: semere.abiyo@utoronto.ca > > Tel: +1 416 978-4886 > > Fax:+1 416 978-2918 > > >

Have you ever received a crypto currency as a gift? Will you receive if offered? Semere Semere-Ab S. Abiyo, CPA, CGA, CPA (US) Director, Alumni and Donor Services Division of University Advancement, University of Toronto J. Robert S. Prichard Alumni House 21 King's College Circle Toronto, Ontario M5S 3J3 E-mail: semere.abiyo@utoronto.ca<mailto:semere.abiyo@utoronto.ca> Tel: +1 416 978-4886 Fax:+1 416 978-2918

We haven’t accepted any, but we’ve kicked the tires. We will not accept any directly and will only work with a third party who takes on the counterparty risk (this is especially important in moments when the currency value is declining and cash conversions are made in 15-60 minute increments). There are lots of third party vendors who will do this for you minus a fee (the one we spoke to quoted 1% and a 24 hour cash settlement window directly to our bank). -jsg _____________________ Joshua S. Greenbaum 09B, Executive Director Advancement Information Services Emory University, Advancement & Alumni Engagement 1762 Clifton Road, Office 1456, Atlanta, GA 30322 Office: (404) 712-2020, Fax: (404) 727-4876 josh.greenbaum@emory.edu<mailto:josh.greenbaum@emory.edu> From: Advancement Services Discussion List <FUNDSVCS@LISTSERV.FUNDSVCS.ORG> On Behalf Of John Taylor Sent: Thursday, February 28, 2019 4:58 PM To: FUNDSVCS@LISTSERV.FUNDSVCS.ORG Subject: Re: [FUNDSVCS] crypto currency I personally have not but know many who have. It's really not a big deal provided you have a "wallet" into which to accept and immediately sell: https://www.pcmag.com/roundup/363529/the-best-cryptocurrency-wallets Assuming we had done our homework and established an exchange protocol, I would do it in a heartbeat. John John H. Taylor Principal, John H. Taylor Consulting 2604 Sevier St. Durham, NC 27705 johntaylorconsulting@gmail.com<mailto:johntaylorconsulting@gmail.com> 919.816.5903 (cell/text) Serving the Advancement Community Since 1987 On Thu, Feb 28, 2019 at 4:32 PM Semere-Ab Abiyo <semere.abiyo@utoronto.ca<mailto:semere.abiyo@utoronto.ca>> wrote: Have you ever received a crypto currency as a gift? Will you receive if offered? Semere Semere-Ab S. Abiyo, CPA, CGA, CPA (US) Director, Alumni and Donor Services Division of University Advancement, University of Toronto J. Robert S. Prichard Alumni House 21 King’s College Circle Toronto, Ontario M5S 3J3 E-mail: semere.abiyo@utoronto.ca<mailto:semere.abiyo@utoronto.ca> Tel: +1 416 978-4886 Fax:+1 416 978-2918 ________________________________ This e-mail message (including any attachments) is for the sole use of the intended recipient(s) and may contain confidential and privileged information. If the reader of this message is not the intended recipient, you are hereby notified that any dissemination, distribution or copying of this message (including any attachments) is strictly prohibited. If you have received this message in error, please contact the sender by reply e-mail message and destroy all copies of the original message (including attachments).

We started to look into it last fall but back-burnered it when the bottom fell out of the market. I strongly suspect there are far fewer people with appreciated gains in their crypto currency, and many more with depreciated values, than there were just 6 months ago and there's no reason to donate depreciated property. Might as well sell it, take the loss, and donate the cash. When we were looking around though, I thought Bitpay was intriguing because their mechanism allowed people to donate in dollar value and then they used an invoice process to request the amount of crypto to cover it. Keeps it a little neater than accepting a crypto amount then converting it to an odd conversion value. John Smilde Director of Advancement Services Campaign Director Calvin College jps6@calvin.edu<mailto:jps6@calvin.edu> 616.526.8577 [full-color-positive] From: Advancement Services Discussion List <FUNDSVCS@LISTSERV.FUNDSVCS.ORG> On Behalf Of Semere-Ab Abiyo Sent: Thursday, February 28, 2019 4:33 PM To: FUNDSVCS@LISTSERV.FUNDSVCS.ORG Subject: [FUNDSVCS] crypto currency Have you ever received a crypto currency as a gift? Will you receive if offered? Semere Semere-Ab S. Abiyo, CPA, CGA, CPA (US) Director, Alumni and Donor Services Division of University Advancement, University of Toronto J. Robert S. Prichard Alumni House 21 King's College Circle Toronto, Ontario M5S 3J3 E-mail: semere.abiyo@utoronto.ca<mailto:semere.abiyo@utoronto.ca> Tel: +1 416 978-4886 Fax:+1 416 978-2918

At the College of Charleston Foundation, we have received donated bitcoin several times (from the same donor). We use Bitpay and they have been very accommodating. The process with them is easy and we’ve had no “hiccups”. Debye Alderman CFO College of Charleston Foundation Aldermanda@cofc.edu<mailto:Aldermanda@cofc.edu> On Feb 28, 2019, at 18:55, John Smilde <jps6@calvin.edu<mailto:jps6@calvin.edu>> wrote: CAUTION: This email originated from outside of the organization. Do not click links or open attachments unless you recognize the sender and know the content is safe. We started to look into it last fall but back-burnered it when the bottom fell out of the market. I strongly suspect there are far fewer people with appreciated gains in their crypto currency, and many more with depreciated values, than there were just 6 months ago and there’s no reason to donate depreciated property. Might as well sell it, take the loss, and donate the cash. When we were looking around though, I thought Bitpay was intriguing because their mechanism allowed people to donate in dollar value and then they used an invoice process to request the amount of crypto to cover it. Keeps it a little neater than accepting a crypto amount then converting it to an odd conversion value. John Smilde Director of Advancement Services Campaign Director Calvin College jps6@calvin.edu<mailto:jps6@calvin.edu> 616.526.8577 <image001.png> From: Advancement Services Discussion List <FUNDSVCS@LISTSERV.FUNDSVCS.ORG<mailto:FUNDSVCS@LISTSERV.FUNDSVCS.ORG>> On Behalf Of Semere-Ab Abiyo Sent: Thursday, February 28, 2019 4:33 PM To: FUNDSVCS@LISTSERV.FUNDSVCS.ORG<mailto:FUNDSVCS@LISTSERV.FUNDSVCS.ORG> Subject: [FUNDSVCS] crypto currency Have you ever received a crypto currency as a gift? Will you receive if offered? Semere Semere-Ab S. Abiyo, CPA, CGA, CPA (US) Director, Alumni and Donor Services Division of University Advancement, University of Toronto J. Robert S. Prichard Alumni House 21 King’s College Circle Toronto, Ontario M5S 3J3 E-mail: semere.abiyo@utoronto.ca<mailto:semere.abiyo@utoronto.ca> Tel: +1 416 978-4886 Fax:+1 416 978-2918

Can you share the name of the vendor? I might like to have that in my back pocket. Aaron Aaron Forrest CPA Senior Director Gift and Donor Services University of Rochester Office of Advancement Larry and Cindy Bloch Alumni and Advancement Center 300 East River Road Rochester NY 14627 Office 585.275.2799 / Fax 585-273-4558 Email aaron.forrest@rochester.edu [Description: Description: Description: cid:image001.gif@01C92E92.3629C5E0] <http://www.rochester.edu/> P Please consider the environment before printing this email. Confidentiality Notice: This message, including attachments may contain confidential information. Any unauthorized use, disclosure or distribution is prohibited. From: Advancement Services Discussion List <FUNDSVCS@LISTSERV.FUNDSVCS.ORG> On Behalf Of Greenbaum, Josh S Sent: Thursday, February 28, 2019 5:08 PM To: FUNDSVCS@LISTSERV.FUNDSVCS.ORG Subject: Re: [FUNDSVCS] crypto currency We haven’t accepted any, but we’ve kicked the tires. We will not accept any directly and will only work with a third party who takes on the counterparty risk (this is especially important in moments when the currency value is declining and cash conversions are made in 15-60 minute increments). There are lots of third party vendors who will do this for you minus a fee (the one we spoke to quoted 1% and a 24 hour cash settlement window directly to our bank). -jsg _____________________ Joshua S. Greenbaum 09B, Executive Director Advancement Information Services Emory University, Advancement & Alumni Engagement 1762 Clifton Road, Office 1456, Atlanta, GA 30322 Office: (404) 712-2020, Fax: (404) 727-4876 josh.greenbaum@emory.edu<mailto:josh.greenbaum@emory.edu> From: Advancement Services Discussion List <FUNDSVCS@LISTSERV.FUNDSVCS.ORG<mailto:FUNDSVCS@LISTSERV.FUNDSVCS.ORG>> On Behalf Of John Taylor Sent: Thursday, February 28, 2019 4:58 PM To: FUNDSVCS@LISTSERV.FUNDSVCS.ORG<mailto:FUNDSVCS@LISTSERV.FUNDSVCS.ORG> Subject: Re: [FUNDSVCS] crypto currency I personally have not but know many who have. It's really not a big deal provided you have a "wallet" into which to accept and immediately sell: https://www.pcmag.com/roundup/363529/the-best-cryptocurrency-wallets<https://urldefense.proofpoint.com/v2/url?u=https-3A__www.pcmag.com_roundup_363529_the-2Dbest-2Dcryptocurrency-2Dwallets&d=DwMGaQ&c=kbmfwr1Yojg42sGEpaQh5ofMHBeTl9EI2eaqQZhHbOU&r=MraOYpMOnCsIdm9axhPA4iXJhhPExcCA4gBqoRhHvTU&m=RreIb9DOjCSG3PJtmh4Y2HuSpf9-ePWZGW027BeStlg&s=AnHFXi1qDZ0FdcKchE489IhFW0L0gfXJTwA1PylndJI&e=> Assuming we had done our homework and established an exchange protocol, I would do it in a heartbeat. John John H. Taylor Principal, John H. Taylor Consulting 2604 Sevier St. Durham, NC 27705 johntaylorconsulting@gmail.com<mailto:johntaylorconsulting@gmail.com> 919.816.5903 (cell/text) Serving the Advancement Community Since 1987 On Thu, Feb 28, 2019 at 4:32 PM Semere-Ab Abiyo <semere.abiyo@utoronto.ca<mailto:semere.abiyo@utoronto.ca>> wrote: Have you ever received a crypto currency as a gift? Will you receive if offered? Semere Semere-Ab S. Abiyo, CPA, CGA, CPA (US) Director, Alumni and Donor Services Division of University Advancement, University of Toronto J. Robert S. Prichard Alumni House 21 King’s College Circle Toronto, Ontario M5S 3J3 E-mail: semere.abiyo@utoronto.ca<mailto:semere.abiyo@utoronto.ca> Tel: +1 416 978-4886 Fax:+1 416 978-2918 ________________________________ This e-mail message (including any attachments) is for the sole use of the intended recipient(s) and may contain confidential and privileged information. If the reader of this message is not the intended recipient, you are hereby notified that any dissemination, distribution or copying of this message (including any attachments) is strictly prohibited. If you have received this message in error, please contact the sender by reply e-mail message and destroy all copies of the original message (including attachments).

We used Bitpay. On Mar 1, 2019, at 09:01, Forrest, Aaron <aaron.forrest@rochester.edu<mailto:aaron.forrest@rochester.edu>> wrote: CAUTION: This email originated from outside of the organization. Do not click links or open attachments unless you recognize the sender and know the content is safe. Can you share the name of the vendor? I might like to have that in my back pocket. Aaron Aaron Forrest CPA Senior Director Gift and Donor Services University of Rochester Office of Advancement Larry and Cindy Bloch Alumni and Advancement Center 300 East River Road Rochester NY 14627 Office 585.275.2799 / Fax 585-273-4558 Email aaron.forrest@rochester.edu<mailto:aaron.forrest@rochester.edu> <image001.jpg><https://na01.safelinks.protection.outlook.com/?url=http%3A%2F%2Fwww.rochester.edu%2F&data=02%7C01%7Caldermanda%40COFC.EDU%7C7289e1d92b364651702e08d69e4e6f3a%7Ce285d438dbba4a4c941c593ba422deac%7C0%7C0%7C636870457052478934&sdata=unsOXDpCimbodTsXfchooCmCu4EyQWIdmIvsXJUJvuM%3D&reserved=0> P Please consider the environment before printing this email. Confidentiality Notice: This message, including attachments may contain confidential information. Any unauthorized use, disclosure or distribution is prohibited. From: Advancement Services Discussion List <FUNDSVCS@LISTSERV.FUNDSVCS.ORG<mailto:FUNDSVCS@LISTSERV.FUNDSVCS.ORG>> On Behalf Of Greenbaum, Josh S Sent: Thursday, February 28, 2019 5:08 PM To: FUNDSVCS@LISTSERV.FUNDSVCS.ORG<mailto:FUNDSVCS@LISTSERV.FUNDSVCS.ORG> Subject: Re: [FUNDSVCS] crypto currency We haven’t accepted any, but we’ve kicked the tires. We will not accept any directly and will only work with a third party who takes on the counterparty risk (this is especially important in moments when the currency value is declining and cash conversions are made in 15-60 minute increments). There are lots of third party vendors who will do this for you minus a fee (the one we spoke to quoted 1% and a 24 hour cash settlement window directly to our bank). -jsg _____________________ Joshua S. Greenbaum 09B, Executive Director Advancement Information Services Emory University, Advancement & Alumni Engagement 1762 Clifton Road, Office 1456, Atlanta, GA 30322 Office: (404) 712-2020, Fax: (404) 727-4876 josh.greenbaum@emory.edu<mailto:josh.greenbaum@emory.edu> From: Advancement Services Discussion List <FUNDSVCS@LISTSERV.FUNDSVCS.ORG<mailto:FUNDSVCS@LISTSERV.FUNDSVCS.ORG>> On Behalf Of John Taylor Sent: Thursday, February 28, 2019 4:58 PM To: FUNDSVCS@LISTSERV.FUNDSVCS.ORG<mailto:FUNDSVCS@LISTSERV.FUNDSVCS.ORG> Subject: Re: [FUNDSVCS] crypto currency I personally have not but know many who have. It's really not a big deal provided you have a "wallet" into which to accept and immediately sell: https://www.pcmag.com/roundup/363529/the-best-cryptocurrency-wallets<https://na01.safelinks.protection.outlook.com/?url=https%3A%2F%2Furldefense.proofpoint.com%2Fv2%2Furl%3Fu%3Dhttps-3A__www.pcmag.com_roundup_363529_the-2Dbest-2Dcryptocurrency-2Dwallets%26d%3DDwMGaQ%26c%3Dkbmfwr1Yojg42sGEpaQh5ofMHBeTl9EI2eaqQZhHbOU%26r%3DMraOYpMOnCsIdm9axhPA4iXJhhPExcCA4gBqoRhHvTU%26m%3DRreIb9DOjCSG3PJtmh4Y2HuSpf9-ePWZGW027BeStlg%26s%3DAnHFXi1qDZ0FdcKchE489IhFW0L0gfXJTwA1PylndJI%26e%3D&data=02%7C01%7Caldermanda%40COFC.EDU%7C7289e1d92b364651702e08d69e4e6f3a%7Ce285d438dbba4a4c941c593ba422deac%7C0%7C0%7C636870457052488934&sdata=ahJ8FQIcYIRSqDrVEDzjTCyoJYgzMdggfihfNLrUxGc%3D&reserved=0> Assuming we had done our homework and established an exchange protocol, I would do it in a heartbeat. John John H. Taylor Principal, John H. Taylor Consulting 2604 Sevier St. Durham, NC 27705 johntaylorconsulting@gmail.com<mailto:johntaylorconsulting@gmail.com> 919.816.5903 (cell/text) Serving the Advancement Community Since 1987 On Thu, Feb 28, 2019 at 4:32 PM Semere-Ab Abiyo <semere.abiyo@utoronto.ca<mailto:semere.abiyo@utoronto.ca>> wrote: Have you ever received a crypto currency as a gift? Will you receive if offered? Semere Semere-Ab S. Abiyo, CPA, CGA, CPA (US) Director, Alumni and Donor Services Division of University Advancement, University of Toronto J. Robert S. Prichard Alumni House 21 King’s College Circle Toronto, Ontario M5S 3J3 E-mail: semere.abiyo@utoronto.ca<mailto:semere.abiyo@utoronto.ca> Tel: +1 416 978-4886 Fax:+1 416 978-2918 ________________________________ This e-mail message (including any attachments) is for the sole use of the intended recipient(s) and may contain confidential and privileged information. If the reader of this message is not the intended recipient, you are hereby notified that any dissemination, distribution or copying of this message (including any attachments) is strictly prohibited. If you have received this message in error, please contact the sender by reply e-mail message and destroy all copies of the original message (including attachments).

It was BitPay. Same as mentioned by a few others. From: Advancement Services Discussion List <FUNDSVCS@LISTSERV.FUNDSVCS.ORG> On Behalf Of Forrest, Aaron Sent: Friday, March 1, 2019 9:01 AM To: FUNDSVCS@LISTSERV.FUNDSVCS.ORG Subject: Re: [FUNDSVCS] crypto currency Can you share the name of the vendor? I might like to have that in my back pocket. Aaron Aaron Forrest CPA Senior Director Gift and Donor Services University of Rochester Office of Advancement Larry and Cindy Bloch Alumni and Advancement Center 300 East River Road Rochester NY 14627 Office 585.275.2799 / Fax 585-273-4558 Email aaron.forrest@rochester.edu<mailto:aaron.forrest@rochester.edu> [Description: Description: Description: cid:image001.gif@01C92E92.3629C5E0] <http://www.rochester.edu/> P Please consider the environment before printing this email. Confidentiality Notice: This message, including attachments may contain confidential information. Any unauthorized use, disclosure or distribution is prohibited. From: Advancement Services Discussion List <FUNDSVCS@LISTSERV.FUNDSVCS.ORG<mailto:FUNDSVCS@LISTSERV.FUNDSVCS.ORG>> On Behalf Of Greenbaum, Josh S Sent: Thursday, February 28, 2019 5:08 PM To: FUNDSVCS@LISTSERV.FUNDSVCS.ORG<mailto:FUNDSVCS@LISTSERV.FUNDSVCS.ORG> Subject: Re: [FUNDSVCS] crypto currency We haven’t accepted any, but we’ve kicked the tires. We will not accept any directly and will only work with a third party who takes on the counterparty risk (this is especially important in moments when the currency value is declining and cash conversions are made in 15-60 minute increments). There are lots of third party vendors who will do this for you minus a fee (the one we spoke to quoted 1% and a 24 hour cash settlement window directly to our bank). -jsg _____________________ Joshua S. Greenbaum 09B, Executive Director Advancement Information Services Emory University, Advancement & Alumni Engagement 1762 Clifton Road, Office 1456, Atlanta, GA 30322 Office: (404) 712-2020, Fax: (404) 727-4876 josh.greenbaum@emory.edu<mailto:josh.greenbaum@emory.edu> From: Advancement Services Discussion List <FUNDSVCS@LISTSERV.FUNDSVCS.ORG<mailto:FUNDSVCS@LISTSERV.FUNDSVCS.ORG>> On Behalf Of John Taylor Sent: Thursday, February 28, 2019 4:58 PM To: FUNDSVCS@LISTSERV.FUNDSVCS.ORG<mailto:FUNDSVCS@LISTSERV.FUNDSVCS.ORG> Subject: Re: [FUNDSVCS] crypto currency I personally have not but know many who have. It's really not a big deal provided you have a "wallet" into which to accept and immediately sell: https://www.pcmag.com/roundup/363529/the-best-cryptocurrency-wallets<https://urldefense.proofpoint.com/v2/url?u=https-3A__www.pcmag.com_roundup_363529_the-2Dbest-2Dcryptocurrency-2Dwallets&d=DwMGaQ&c=kbmfwr1Yojg42sGEpaQh5ofMHBeTl9EI2eaqQZhHbOU&r=MraOYpMOnCsIdm9axhPA4iXJhhPExcCA4gBqoRhHvTU&m=RreIb9DOjCSG3PJtmh4Y2HuSpf9-ePWZGW027BeStlg&s=AnHFXi1qDZ0FdcKchE489IhFW0L0gfXJTwA1PylndJI&e=> Assuming we had done our homework and established an exchange protocol, I would do it in a heartbeat. John John H. Taylor Principal, John H. Taylor Consulting 2604 Sevier St. Durham, NC 27705 johntaylorconsulting@gmail.com<mailto:johntaylorconsulting@gmail.com> 919.816.5903 (cell/text) Serving the Advancement Community Since 1987 On Thu, Feb 28, 2019 at 4:32 PM Semere-Ab Abiyo <semere.abiyo@utoronto.ca<mailto:semere.abiyo@utoronto.ca>> wrote: Have you ever received a crypto currency as a gift? Will you receive if offered? Semere Semere-Ab S. Abiyo, CPA, CGA, CPA (US) Director, Alumni and Donor Services Division of University Advancement, University of Toronto J. Robert S. Prichard Alumni House 21 King’s College Circle Toronto, Ontario M5S 3J3 E-mail: semere.abiyo@utoronto.ca<mailto:semere.abiyo@utoronto.ca> Tel: +1 416 978-4886 Fax:+1 416 978-2918 ________________________________ This e-mail message (including any attachments) is for the sole use of the intended recipient(s) and may contain confidential and privileged information. If the reader of this message is not the intended recipient, you are hereby notified that any dissemination, distribution or copying of this message (including any attachments) is strictly prohibited. If you have received this message in error, please contact the sender by reply e-mail message and destroy all copies of the original message (including attachments).