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American Friends of Meir Panim
Mission Statement
American Friends of Meir Panim (AFMP), a non-profit organization in support of Israel, was established to promote, support and further activities which are committed to providing both immediate and long-term relief to the impoverished- young and old alike- via a dynamic range of food and social service programs, all aimed at helping the needy with dignity and respect. AFMP funds organizations such as Meir Panim (which in Hebrew means “brightening faces”) based upon grant applications submitted to it and decided upon by the Board of Directors. AFMP is an independent entity and operates according to the laws of New York State and the United States of America.
Why Donate to American Friends of Meir Panim ?
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.
