Minnesota Nonprofit Hires Director of Cryptocurrency Fundraising

A Minnesota nonprofit called Spare Key, (which we featured earlier this week)  has hired Roerick Sweeney as Director of Crypto currency Development, Markets and Social Engagement.

Spare Key may be the first charity in the nation to hire someone specifically for the purpose of taking advantage of the emerging new crypto currency economy.

“Since late last year Roerick has been providing us with technical advice and assistance, as well as a direct ear to the ground to the crypto currency economy,” said Erich Mische, Executive Director of Spare Key. “Because of his efforts we’ve been able to accept several forms of crypto currency since early 2014, and look to continue to expand our capacity to solicit and accept various forms of crypto currency moving forward.”

Spare Key provides rental and mortgage grant payments to families with critically ill or seriously injured children in the hospital.  Since 1997 the organization has supported nearly 2,200 families in Minnesota, North Dakota, South Dakota and Wisconsin with nearly $2.2 million in housing grant assistance.

Sweeney will begin by expanding Spare Key’s network of potential donors, as well as expanding the platform of the organization’s capacity to secure new forms of crypto currency.

“Ultimately, our goal is to make a seamless commercial transaction between donors that contribute to Spare Key in the form of Bitcoin, Dogecoin, Vertcoin, and many other charity-focused altcoins and then to make rental and mortgage grant payments on behalf of families by using a donor’s preferred crypto coin,” said Sweeney. “It’s pretty exciting to see the culture of crowd sourcing and micropayments applied to the operations of an established non-profit like Spare Key.”

The organization also has a blog dedicated to crypto currency issues at http://sparekeycryptocurrency.blogspot.com  “This is a brave new world,” Mische. “As early adopters we’re excited to see where this journey leads us.  As a small non-profit we are eager to find creative and innovative new ways to offer portals to supporters to engage with our mission and support our efforts to help families “Bounce and not Break”. This is a bold effort to see where leaning forward on an evolutionary new economic model could well become revolutionary for non-profits across the globe.”

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