We now accept Crypto donations.
We now accept donations of Bitcoin and other cryptocurrencies.
This gives us one more way to fund our work and can provide you with extra tax benefits.
Many cryptocurrencies can appreciate quickly. When they area sold and converted back into dollars, income taxes may be owed on any gains. Such taxes can be avoided, if appreciated crypto is donated to charity, rather than converted back into regular currency.
For owners who have seen their crypto grow dramatically in value, the tax benefits of donating part of their windfall to charity are substantial, helping them avoid capital gains taxes and maximize the impact of their charitable giving. Donors may also be able to receive federal income deductions, up to the the full value of the gift, if they have held the crypto for more than a year. Give a gift of Crypto now.
Donating crypto to charity can save money in two ways:
- Avoid paying capital gains tax on your crypto gains
- Receive a federal income tax deduction for the full value of your crypto (state and local tax deductions may also be available)