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Breaking Ground

Breaking Ground

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Mission Statement

Breaking Ground’s mission is to strengthen individuals, families and communities by developing and sustaining exceptional supportive and affordable housing as well as programs for homeless and other vulnerable New Yorkers.

Why Donate Bitcoin to Breaking Ground?

Homelessness in New York is at tragic proportions. Breaking Ground is New York’s largest provider of supportive housing for unsheltered men and women in these five boroughs. Your gifts help people to leave behind a life on the streets for lasting stability and security.

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://breakingground.org/

TAX ID: 11-3048002

Organization Type USA: Other

Location: USA

Mission Statement

Breaking Ground’s mission is to strengthen individuals, families and communities by developing and sustaining exceptional supportive and affordable housing as well as programs for homeless and other vulnerable New Yorkers.

Why Donate Bitcoin to Breaking Ground?

Homelessness in New York is at tragic proportions. Breaking Ground is New York’s largest provider of supportive housing for unsheltered men and women in these five boroughs. Your gifts help people to leave behind a life on the streets for lasting stability and security.

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://breakingground.org/

TAX ID: 11-3048002

Organization Type USA: Other

Location: USA

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