28 May 2014 / PRWeb – Abila today announced that its Millennium solution has helped record what is thought to be the first bitcoin gift to an American college. Bitcoin entrepreneur Nicolas Cary ’07 made the unrestricted gift of 14.5 bitcoins (valued at $10,000) to the alumni fund at University of Puget Sound, a liberal arts college in Tacoma, Wash., in February. Abila provides software solutions dedicated to serving dynamic membership associations, nonprofit organizations, higher education institutions and government agencies.
Abila’s Millennium is a comprehensive donor relationship management tool that provides organizations with a 360-degree view of donation activity, communications received, events attended, and personal relationships. It supports an organization’s entire development strategy including events, campaigns, and memberships.
A record kept by the bitcoin wiki that lists nonprofits accepting bitcoin donations supports the idea that this is first bitcoin gift to a U.S. college.
“Virtual currency is a completely new category in the nonprofit and associations industry and organizations should be prepared,” said Krista Endsley, CEO, Abila. “Software systems should be able to accept these different kinds of digital currencies and support the transactions throughout the entire process. Abila’s Millennium tool is designed to enable and support transactions of all kinds. Abila is excited to be part of this ground-breaking event.”…. Read more
