Your generous support ensures aspiring collegians, aging out of our nation’s foster care system, receive a comprehensive scholarship program designed to shepherd their collegiate journey. Moreover, providing the life skills essential to self-sufficiency.
The IRS classifies cryptocurrencies as property, cryptocurrency donations to 501(c)3 charities receive the same tax treatment as stocks.
Donating cryptocurrency is a non-taxable event, meaning you do not owe capital gains tax on the appreciated amount, therefore subject to tax deduction.
Please contact your tax or financial advisor for more information.