Crypto Adoption Fund
Support thousands of crypto-friendly nonprofits with a single donation.
Make one donation, support many nonprofits.
The Crypto Adoption Fund enables donors like you to support thousands of nonprofits with just one crypto donation. Funds are distributed evenly to each participating nonprofit—no matter how big or small, new or old, global or local.
Encourage nonprofit crypto adoption.
Donors that contribute to the Crypto Adoption Fund help foster a strong culture of Crypto Philanthropy. When a growing number of nonprofits receive crypto donations, it encourages other charities to take cryptocurrency fundraising seriously, too.
Donating to the Crypto Adoption Fund is one way we all can help make crypto into the greatest force for good on the planet.
Save on your Taxes by Donating Crypto
Why Donate Crypto Directly? Taxes!
There’s a reason high net worth individuals tend to donate property instead of cash. Donating cryptocurrency directly to a 501c3 nonprofit is more tax efficient and can save you money.
The IRS classifies cryptocurrency as property for tax purposes which means it is typically the most tax efficient way to support your favorite cause. When donating crypto, You receive a tax deduction for the fair market value of the crypto, and you avoid the capital gains tax you would have incurred if you had sold the crypto and then made a donation. That means you’re able to donate more, as well as deduct more on your tax return. The difference? Sometimes more than 30%.
If you provide an email, you will automatically receive a tax receipt after donating.
Frequently Asked Questions
Which nonprofits are participating?
Thousands of eligible international and US-based nonprofits that work with The Giving Block will receive donations from the Crypto Adoption Fund in equal proportion. Each month, the Fund will be updated to include new nonprofits that have onboarded with The Giving Block.
How will funds be distributed?
Funds will be distributed to nonprofits on a monthly basis. Each nonprofit will get an equal distribution of the funds raised from that month.
What’s the significance of the Crypto Adoption Fund?
Before the development of Index Funds, investors who wanted exposure to a broader market had to purchase individual shares of hundreds or thousands of individual companies. To date, donors who wanted to support crypto philanthropy have faced this same issue. We’ve had donors and corporate sponsors on our platform give millions of dollars in crypto to individual charities one by one, sending multiple transactions. The Crypto Adoption Fund solves this problem, allowing donors to support international and US-based nonprofits on The Giving Block with a single cryptocurrency donation.
What’s the difference between the Crypto Adoption Fund and Impact Index Funds?
The Crypto Adoption Fund allows you to donate cryptocurrency to thousands of international and US-based charities with a single donation. Our series of Impact Index Funds allow you to support all the nonprofits working in specific problem areas that matter to you, such as human rights, the environment, and education.