Sostento
Sostento
Mission Statement
Sostento’s mission is to help front line public healthcare workers save lives. We solve their toughest problems and biggest headaches so they can focus on what matters most.
Why Donate Bitcoin to Sostento?
Our name, Sostento means to uplift, nourish and sustain. This is what we strive to do everyday for the public healthcare workers we serve. Cryptocurrency opens a gateway for us to be able to respond to public health emergencies immediately, which means healthcare workers can have what they need when they need it.
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
Sostento’s mission is to help front line public healthcare workers save lives. We solve their toughest problems and biggest headaches so they can focus on what matters most.
Why Donate Bitcoin to Sostento?
Our name, Sostento means to uplift, nourish and sustain. This is what we strive to do everyday for the public healthcare workers we serve. Cryptocurrency opens a gateway for us to be able to respond to public health emergencies immediately, which means healthcare workers can have what they need when they need it.
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.