Food Bank of Iowa
Food Bank of Iowa
Mission Statement
Food Bank of Iowa is committed to creating a hunger-free Iowa. We provide food that helps Iowa children, families, seniors and veterans lead full and active lives, strengthening the communities where they live.
Why Donate Crypto to Food Bank of Iowa?
Your generosity fills our shelves and feeds Iowans struggling with hunger in our 55-county service area. Making donation is the most effective way to help. For what you’d pay for one meal at the grocery store, Food Bank of Iowa can buy seven!
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.
Cryptocurrency Accepted
Other Ways to Support This Charity
Mission Statement
Food Bank of Iowa is committed to creating a hunger-free Iowa. We provide food that helps Iowa children, families, seniors and veterans lead full and active lives, strengthening the communities where they live.
Why Donate Crypto to Food Bank of Iowa?
Your generosity fills our shelves and feeds Iowans struggling with hunger in our 55-county service area. Making donation is the most effective way to help. For what you’d pay for one meal at the grocery store, Food Bank of Iowa can buy seven!
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.
