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The Chicago Center

The Chicago Center

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Mission Statement

We constantly answer the needs and challenges of the Chicago community, wherever we can benefit Chicago. We will pursue excellence in everything we do.

Why Donate Bitcoin to The Chicago Center?

Cryptocurrency is a very easy way to support The Chicago Center in the vital programs and services for the community.

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://thechicagocenter.org/

TAX ID: 36-4703871

Organization Type USA: 501(c)3

Location: USA

Other Ways to Support This Charity

Share Fundraiser
Donate on Organization’s Website

Donate Here

Mission Statement

We constantly answer the needs and challenges of the Chicago community, wherever we can benefit Chicago. We will pursue excellence in everything we do.

Why Donate Bitcoin to The Chicago Center?

Cryptocurrency is a very easy way to support The Chicago Center in the vital programs and services for the community.

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://thechicagocenter.org/

TAX ID: 36-4703871

Organization Type USA: 501(c)3

Location: USA

Other Ways to Support This Charity

Share Fundraiser
Donate on Organization’s Website

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