The Abolition Initiative

The Abolition Initiative

Mission Statement

We participate in the world’s toughest endurance events in order to raise money and awareness to abolish the sex trafficking industry.

Why Donate Bitcoin to The Abolition Initiative?

By donating crypto to Team A.I. (The Abolition Initiative), you’re contributing directly to our organization’s overhead account. This does two things: 1) it helps us to build a stronger foundation as a nonprofit (hiring and investing into the right people);and 2) it allows us to funnel more of our athletes’ dollars directly toward anti sex trafficking initiatives.

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.teamai.org/

TAX ID: 88-0690682

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 participate in the world’s toughest endurance events in order to raise money and awareness to abolish the sex trafficking industry.

Why Donate Bitcoin to The Abolition Initiative?

By donating crypto to Team A.I. (The Abolition Initiative), you’re contributing directly to our organization’s overhead account. This does two things: 1) it helps us to build a stronger foundation as a nonprofit (hiring and investing into the right people);and 2) it allows us to funnel more of our athletes’ dollars directly toward anti sex trafficking initiatives.

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.teamai.org/

TAX ID: 88-0690682

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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