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Community Foundation for the Alleghenies

Community Foundation for the Alleghenies

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Mission Statement

For more than 30 years, CFA has been working to benefit our region through strategic grantmaking—and by connecting donors with opportunities to make an impact. Our mission is to empower everyone in our community to understand how their philanthropy can leave a lasting legacy in our region.

Why Donate Bitcoin to Community Foundation for the Alleghenies?

Donating Bitcoin and other cryptocurrencies can be a simple and tax-efficient way to support causes you care about. CFA works with all donors to help them find the most tax-efficient ways to support causes that are important to them, whether it’s through the creation of their own named fund, or by contributing to one of our existing initiatives, like the Fund for the Future, which helps support grantmaking in Bedford, Cambria, Indiana, and Somerset counties — forever. Visit our website for more information.

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://cfalleghenies.org/

TAX ID: 25-1637373

Organization Type USA: 501(c)3

Location: USA

Other Ways to Support This Charity

Share Fundraiser
Donate on Organization’s Website

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Mission Statement

For more than 30 years, CFA has been working to benefit our region through strategic grantmaking—and by connecting donors with opportunities to make an impact. Our mission is to empower everyone in our community to understand how their philanthropy can leave a lasting legacy in our region.

Why Donate Bitcoin to Community Foundation for the Alleghenies?

Donating Bitcoin and other cryptocurrencies can be a simple and tax-efficient way to support causes you care about. CFA works with all donors to help them find the most tax-efficient ways to support causes that are important to them, whether it’s through the creation of their own named fund, or by contributing to one of our existing initiatives, like the Fund for the Future, which helps support grantmaking in Bedford, Cambria, Indiana, and Somerset counties — forever. Visit our website for more information.

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://cfalleghenies.org/

TAX ID: 25-1637373

Organization Type USA: 501(c)3

Location: USA

Other Ways to Support This Charity

Share Fundraiser
Donate on Organization’s Website

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