Foundation at New Jersey Institute of Technology (NJIT)

Foundation at New Jersey Institute of Technology (NJIT)

Mission Statement

NJIT, the state’s public polytechnic research university, is committed to excellence and global impact through:

Education—preparing diverse students for positions of leadership as professionals and as citizens through innovative curricula, committed faculty, and expansive learning opportunities.

Research—advancing knowledge to address issues of local, national, and global importance with an emphasis on high impact basic, applied, and transdisciplinary scholarship.

Economic development—anticipating the needs of business, government, and civic organizations to foster growth, innovation, and entrepreneurship

Engagement—applying our expertise to build partnerships, serve our community, and benefit society as a whole.

These four elements guide NJIT in contributing solutions for the grand challenges of the future and improving the quality of life today.

Why Donate Bitcoin to Foundation at New Jersey Institute of Technology (NJIT)?

It’s easy to see the benefits of making a charitable donation in crypto. First, it’s a humanitarian act: giving in bitcoin or another cryptocurrency can have positive implications for fostering social good in the crypto community. Additionally, every new organization that accepts crypto represents another critical step toward mainstream institutional cryptocurrency adoption.
Crypto gifts to NJIT have a sustaining impact over time.

Finally, the IRS (and many other tax departments internationally) treat cryptocurrencies as property assets, making donations tax-free for the nonprofit and a charitable write-off for the donor. Often, donating cryptocurrency can be the most tax-efficient form of giving for a potential donor!

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://www.njit.edu/

TAX ID: 22-1714037

Organization Type USA: 501(c)3

Location: USA

Cryptocurrency Accepted

Other Ways to Support This Charity

Share Fundraiser
Donate on Organization’s Website

Donate Here

Mission Statement

NJIT, the state’s public polytechnic research university, is committed to excellence and global impact through:

Education—preparing diverse students for positions of leadership as professionals and as citizens through innovative curricula, committed faculty, and expansive learning opportunities.

Research—advancing knowledge to address issues of local, national, and global importance with an emphasis on high impact basic, applied, and transdisciplinary scholarship.

Economic development—anticipating the needs of business, government, and civic organizations to foster growth, innovation, and entrepreneurship

Engagement—applying our expertise to build partnerships, serve our community, and benefit society as a whole.

These four elements guide NJIT in contributing solutions for the grand challenges of the future and improving the quality of life today.

Why Donate Bitcoin to Foundation at New Jersey Institute of Technology (NJIT)?

It’s easy to see the benefits of making a charitable donation in crypto. First, it’s a humanitarian act: giving in bitcoin or another cryptocurrency can have positive implications for fostering social good in the crypto community. Additionally, every new organization that accepts crypto represents another critical step toward mainstream institutional cryptocurrency adoption.
Crypto gifts to NJIT have a sustaining impact over time.

Finally, the IRS (and many other tax departments internationally) treat cryptocurrencies as property assets, making donations tax-free for the nonprofit and a charitable write-off for the donor. Often, donating cryptocurrency can be the most tax-efficient form of giving for a potential donor!

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://www.njit.edu/

TAX ID: 22-1714037

Organization Type USA: 501(c)3

Location: USA

Cryptocurrency Accepted

Other Ways to Support This Charity

Share Fundraiser
Donate on Organization’s Website

Thousands of organizations accept crypto donations through The Giving Block

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