Cryptocurrency Terms of Service and Use
The gist:
We (the folks at Simple) run a platform used for processing payments and managing donations for faith-based organizations ("Customers"). We love what we do and would love for you to use our service.
We partnered with Engiven, the leading, most secure crypto donation platform to facilitate donations with cryptocurrency.
By using Simple ("Service"), you are agreeing to be bound by the following terms and conditions ("Terms of Service") related to your use of our website and services.
440 West, LLC, d/b/a Simple, ("Company") reserves the right to update and change these Terms of Service without notice.
Cryptocurrency Terms
The cryptocurrency giving option utilizes a fiscal sponsor, Engiven Foundation, which operates as a project of Players Philanthropy Fund, a Maryland charitable trust recognized by IRS as a tax-exempt public charity under Section 501(c)(3) of the Internal Revenue Code. Cryptocurrency gifts made by your donors will be made to Engiven Foundation, with the resulting USD proceeds designated for grant to your nonprofit organization.
In very rare situations, Engiven Foundation may not be able to grant the donation proceeds to your organization when, for example, your organization falls out of compliance with a federal or state regulatory authority. If Engiven Foundation cannot grant the donation to your organization, Engiven Foundation may, after consultation with Simple return the proceeds of the donation to the donor, contact the donor for an alternate recommendation, or select an alternate recipient nonprofit.
Proceeds from cryptocurrency gifts made to your organization are dispersed from Engiven Foundation to your organization via mailed check the first full week of the month immediately following the month the gift(s) was made.
Customers agree to the full Simple Terms.