Opulent Philanthropy Inc

Opulent Philanthropy Inc

Mission Statement

We believe in helping people when they lose their homes to a disaster, or jobs, and become homeless;unable to pay for medical treatment due to cancer, or too impoverished to attend college. Our staff, volunteers, and partners work together to address the effects of homelessness, disasters, education and cancer. Opulent’s programs empower the most vulnerable among us to improve their quality of life by providing shelter, food, water, scholarships and financial assistance during hardships.

Why Donate Crypto to Opulent Philanthropy Inc?

Donating crypto strengthens the social fabric of society through charities helping others during a time of need. The donation also makes people feel good by helping people in need and extracting the value from knowing your contribution is the charity’s social life blood. When people donate, they are providing a resource that may save people’s lives. When charities receive regular donations, they can plan their activity. This allows them to set ambitious goals and achieve them without the stress of having a lack of funds.

If you donate with crypto to a US-based public charity, it will receive the whole sum without having to pay any tax to the IRS — simply no taxable event takes place. Thus, you can increase your impact by up to 20%.

Although Bitcoin doesn’t fully conceal your identity, it’s much more anonymous than regular fiat payments. If for any reason you’d like to donate without revealing who you are, crypto’s best for this.

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://opulentusa.org/

TAX ID: 45-3088713

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

We believe in helping people when they lose their homes to a disaster, or jobs, and become homeless;unable to pay for medical treatment due to cancer, or too impoverished to attend college. Our staff, volunteers, and partners work together to address the effects of homelessness, disasters, education and cancer. Opulent’s programs empower the most vulnerable among us to improve their quality of life by providing shelter, food, water, scholarships and financial assistance during hardships.

Why Donate Crypto to Opulent Philanthropy Inc?

Donating crypto strengthens the social fabric of society through charities helping others during a time of need. The donation also makes people feel good by helping people in need and extracting the value from knowing your contribution is the charity’s social life blood. When people donate, they are providing a resource that may save people’s lives. When charities receive regular donations, they can plan their activity. This allows them to set ambitious goals and achieve them without the stress of having a lack of funds.

If you donate with crypto to a US-based public charity, it will receive the whole sum without having to pay any tax to the IRS — simply no taxable event takes place. Thus, you can increase your impact by up to 20%.

Although Bitcoin doesn’t fully conceal your identity, it’s much more anonymous than regular fiat payments. If for any reason you’d like to donate without revealing who you are, crypto’s best for this.

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://opulentusa.org/

TAX ID: 45-3088713

Organization Type USA: 501(c)3

Location: USA

Cryptocurrency Accepted

Other Ways to Support This Charity

Share Fundraiser
Donate on Organization’s Website

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