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Baitulmaal, Inc.

Baitulmaal, Inc.

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Mission Statement

Baitulmaal provides life-saving, life-sustaining, and life-enriching humanitarian aid to under-served populations around the world regardless of faith or nationality. Baitulmaal serves as a conduit between the compassion of our donors and the needs of your beneficiaries. We turn your compassion into hope for those in need around the world.

Why Donate Bitcoin to Baitulmaal, Inc.?

As a 501(c)3 nonprofit, donations to Baitulmaal are tax-deductible and there may be other tax-related benefits to donating your cryptocurrencies. Blockchain provides a fast and secure channel for converting your coins into support for Baitulmaal’s humanitarian causes. Turn your compassion for crypto into hope for people in need around the world.

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.

Website: https://baitulmaal.org/

TAX ID: 20-0942434

Organization Type USA: Other

Location: USA

Mission Statement

Baitulmaal provides life-saving, life-sustaining, and life-enriching humanitarian aid to under-served populations around the world regardless of faith or nationality. Baitulmaal serves as a conduit between the compassion of our donors and the needs of your beneficiaries. We turn your compassion into hope for those in need around the world.

Why Donate Bitcoin to Baitulmaal, Inc.?

As a 501(c)3 nonprofit, donations to Baitulmaal are tax-deductible and there may be other tax-related benefits to donating your cryptocurrencies. Blockchain provides a fast and secure channel for converting your coins into support for Baitulmaal’s humanitarian causes. Turn your compassion for crypto into hope for people in need around the world.

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.

Website: https://baitulmaal.org/

TAX ID: 20-0942434

Organization Type USA: Other

Location: USA

Other Ways To
Support This Charity

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Why Donate Cryptocurrency? | FAQs