Why Donate Crypto Directly? Taxes!
Donating cryptocurrency to a 501(c)(3) nonprofit can be one of the most tax-efficient methods of donation. Donating your cryptocurrency to the Institute for Justice can allow you to avoid capital gains taxes that you would have paid if you sold it. And if you itemize, you may be able to deduct the full value of your crypto. Moreover, the Institute for Justice does not pay any taxes when it sells cryptocurrency, which means the entire value of your donation funds our continuing defense of the Constitution and the liberties it guarantees for all Americans.
If you provide an email, you will automatically receive a tax receipt after donating.
If you want to learn more about how donating crypto can lower your taxes and other frequently asked questions, check out http://thegivingblock.com/faq. Talk to a crypto-savvy tax professional or connect with The Giving Block to get connected with one!
And if you have any questions about other ways to give to IJ, please reach out to us at email@example.com for more information.