Lincoln Network
Lincoln Network
Mission Statement
To build a community of innovators who embrace technology and educate the public about platforms and policies advance liberty.
Why Donate Bitcoin to Lincoln Network?
Lincoln Network strives to bridge the two cultures of Silicon Valley and DC, and to address the critical policy challenges that are defining our future. These are more important than ever, as the nation grapples with issues such as preserving individual liberty in the new digital public square, open protocols and Web3 technologies that promise to reshape the Internet and re-empower individuals and communities.
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.
Other Ways to Support This Charity
Donate Here
Mission Statement
To build a community of innovators who embrace technology and educate the public about platforms and policies advance liberty.
Why Donate Bitcoin to Lincoln Network?
Lincoln Network strives to bridge the two cultures of Silicon Valley and DC, and to address the critical policy challenges that are defining our future. These are more important than ever, as the nation grapples with issues such as preserving individual liberty in the new digital public square, open protocols and Web3 technologies that promise to reshape the Internet and re-empower individuals and communities.
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.