Hi!
My organization was featured in the AASP podcast mentioned by Jay. Happy to talk about how we handled a difficult crypto gift, and what we would have done differently or done the same, and how it's progressing, especially with the current prices. Also - happy to get you in touch with the gift officer or finance team managing the gift, as well.
As we learned the ins and outs of Coinbase, specifically, we learned the ins and outs of accepting crypto. Mainly - accepting coins directly from the donor in a commerce account and offloading them immediately (the standard and recommended for processing gifts) and what we did - opening a custody account so that we could hold the cryptocurrency for five years. We have a variety of SOPs, and some are are still process docs. It's been fun.
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Hillary Cote
Fort Lewis College
hlcote@fortlewis.edu------------------------------
Original Message:
Sent: 03-28-2024 01:31 PM
From: Beth Colbert
Subject: Cryptocurrency
Hi everyone,
I'm trying to find a slide deck or recording of a terrific presentation that John Taylor and colleague did in about 2022 about cryptocurrency. I checked the library at the AASP website and did not find anything. Does anyone know whether there is an available slide deck or recording of that webinar? We are getting more inquiries about accepting crypto, but are not yet equipped to do so.
Thanks in advance for any guidance!
Beth
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Beth L. Colbert, '86 '89
Associate Vice President, Advancement and Campaign Operations
University Advancement
San Jose State University
One Washington Square
San Jose, CA 95192-0257
408.924.1119