Donate With Crypto
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Home / Ways to Give / Crypto Donations
We believe success goes beyond a college degree. Our scholarship program shepherds our collegians to and through college, equitably positioning a stable transition from college to career.
Innovative solutions are the key to combating this pressing challenge.
We are proud to accept donations in crypto currency as a vehicle to do just that – accelerate change!
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.
A: When you donate crypto to a registered charity, you do not recognize capital gains from the donation and can deduct it on your taxes. In other words, donating your crypto can often reduce your tax burden. Would you rather donate to the IRS or your favorite cause?
A: Yes. Instead of selling your Bitcoin and donating the after-tax proceeds, you can donate your Bitcoin and other cryptos directly to charities and other nonprofits, which means your tax deduction will be the same as the market value of the donation.
A: Yes. We have an option for donors to submit only an email in order to receive an automatic tax receipt.