HONOLULU, HI | September 29, 2021 – Central Pacific Bank Foundation (CPB Foundation), the charitable entity of Central Pacific Bank, is now accepting 39 different cryptocurrencies including Bitcoin and Ethereum. The online transfer is both convenient and highly secure and utilizes technology already used by many not-for-profits.
“Several of the programs that CPB Foundation launched since the COVID-19 pandemic were extended or expanded because our customers and other community members came forward to provide donations to our Foundation,” shared Paul K. Yonamine, Executive Chairman, Central Pacific Bank. “We’re proud that the CPB Foundation is known for driving impactful change in our communities and trusted to shepherd the charitable contributions of others.”
CPB Foundation recently accepted its first cryptocurrency donation from Wallace Tsuha/Tsuha Hawaii Aloha. Tsuha is founder and president of The Tsuha Foundation, a private foundation that strives to provide hope and inspiration by helping people break the cycle of poverty.
“I applaud the Central Pacific Bank Foundation for their continued support of Hawaii communities,” shared Tsuha. “My donation reflects our collective commitment – all of us working together to help solve Hawaii’s most pressing challenges through innovation.”
CPB Foundation selected Engiven, Inc., a leading provider of cryptocurrency donation management software, as their partner to help facilitate their cryptocurrency giving. “Engiven is excited to serve CPB Foundation and to bring crypto-philanthropy into Hawaii through CPB Foundation’s efforts within Hawaii communities,” said James Lawrence, Engiven’s Cofounder & CEO.
The Central Pacific Bank Foundation is a significant contributor to the community. Last year, the Foundation donated more than $1.6 million to help local communities, including providing COVID-19 emergency relief, solving critical socio-economic issues such as homelessness and substance abuse, and empowering Hawaii’s youth.
To make a cryptocurrency donation to the CPB Foundation, visit: cpb.foundation
About the Central Pacific Bank Foundation
Central Pacific Bank Foundation, the philanthropic arm of Central Pacific Bank, is committed to strengthening Hawaii communities through partnerships, collaborations, and signature programs that provide investment and leadership to support Hawaii residents and businesses where it’s needed most, and by helping Hawaii define a path to a brighter future. Central Pacific Bank is the primary subsidiary of Central Pacific Financial Corp., a Hawaii-based bank holding company with approximately $7.2 billion in assets as of June 30, 2021. Central Pacific Bank operates 31 branches and 70 ATMs in the State of Hawaii. For additional information, please visit the Company’s website at cpb.bank.
Engiven is a leading cryptocurrency donation management platform providing an end to end giving solution benefiting nonprofits and their donors. For more information about Engiven, visit engiven.com or contact James Lawrence, Cofounder and CEO at [email protected].