> ## Documentation Index
> Fetch the complete documentation index at: https://docs.giveready.org/llms.txt
> Use this file to discover all available pages before exploring further.

# Governance

> Charity compliance and trustee guidance for crypto donations

# Governance

Accepting crypto donations as a registered charity raises legitimate governance questions. GiveReady takes this seriously. This page provides guidance for trustees and charity administrators.

## The Core Question

If your charity accepts USDC donations through a Solana wallet, you need to demonstrate to your regulator that the money flow is transparent, auditable, and properly governed.

## For Registered Nonprofits

Regulatory bodies require nonprofits to manage funds responsibly. Key principles:

**Transparency.** The donation flow must be documented. GiveReady provides: a public donation page showing your nonprofit's verified profile, on-chain transaction records for every donation, and API access to your donation history.

**Accountability.** Multiple trustees should have oversight of the wallet. This is why we recommend Squads multi-sig — it requires multiple signers for any withdrawal, creating the same governance structure as a joint bank account.

**Audit trail.** Every Solana transaction is recorded on-chain permanently. Your nonprofit's donation history is available at `giveready.org/api/donations/your-slug` and on any Solana block explorer.

**Off-ramp documentation.** When converting USDC to your local currency, keep records of the conversion rate, date, and destination bank account. Your treasurer should treat this like any other foreign currency donation.

## Recommended Setup for Trustees

1. **Use Squads multi-sig** with at least 2-of-3 trustee approval for withdrawals
2. **Document the wallet** in your nonprofit's financial records as a designated donation receiving account
3. **Inform your board** that a new donation channel exists and how it works
4. **Set a conversion schedule** — convert USDC to fiat monthly or quarterly, not per-transaction
5. **Keep records** of all conversions for your annual accounts

## What GiveReady Provides

* Verified charity profile linked to your Charity Commission registration
* Public, auditable donation history via API
* On-chain transparency for all transactions
* Wallet signature verification during onboarding (proves the charity controls the wallet)

## What GiveReady Does Not Do

* GiveReady does not hold funds. Donations go directly to your wallet.
* GiveReady does not convert currencies. You manage the USDC-to-fiat process.
* GiveReady does not provide legal or tax advice. Consult your nonprofit's legal advisor for jurisdiction-specific guidance.

## Questions

If you have governance questions about using GiveReady, contact [geordie@testventures.net](mailto:geordie@testventures.net). We're building governance tooling as a core part of the platform and want to hear from charity administrators navigating these questions.