Rhode Island Community Food Bank

Rhode Island Community Food Bank

Mission Statement

Our Mission
To improve the quality of life for all Rhode Islanders by advancing solutions to the problem of hunger.

Our Vision
We envision a state where no one goes hungry.

Why Donate Crypto to Rhode Island Community Food Bank?

The Rhode Island Community Food Bank distributes food to people in need through a statewide network of 150 member agencies including food pantries, meal sites, shelters, youth programs and senior centers.

Throughout the pandemic, the Food Bank has continued to serve more than 54,000 Rhode Islanders each month through our network of member agencies.

The Food Bank solicits food donations from the public and from the food industry, including supermarkets, food manufacturers and growers. To keep up with the high demand for food assistance, the Food Bank also purchases food at a low cost from wholesalers. Last year, the Food Bank distributed 15.1 million pounds of food.

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://rifoodbank.org/

TAX ID: 05-0395601

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

Our Mission
To improve the quality of life for all Rhode Islanders by advancing solutions to the problem of hunger.

Our Vision
We envision a state where no one goes hungry.

Why Donate Crypto to Rhode Island Community Food Bank?

The Rhode Island Community Food Bank distributes food to people in need through a statewide network of 150 member agencies including food pantries, meal sites, shelters, youth programs and senior centers.

Throughout the pandemic, the Food Bank has continued to serve more than 54,000 Rhode Islanders each month through our network of member agencies.

The Food Bank solicits food donations from the public and from the food industry, including supermarkets, food manufacturers and growers. To keep up with the high demand for food assistance, the Food Bank also purchases food at a low cost from wholesalers. Last year, the Food Bank distributed 15.1 million pounds of food.

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://rifoodbank.org/

TAX ID: 05-0395601

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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