The Motley Fool
The Motley Fool
Mission Statement
The purpose of The Motley Fool Foundation is to promote financial freedom for all by investing in connections and innovations to connect the five drivers of financial freedom:
Education
Health
Workplace
Housing
Money
Why Donate Bitcoin to The Motley Fool?
Crypto can be a force for good in the quest for Financial Freedom for All and your tax-deductible donation of crypto will be used to break down silos so that the drivers are connected and work as a whole and we can counter the root causes and potential solutions to prevent people from being left behind.
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.
TAX ID: 84-1970428
Organization Type USA: 501(c)3
Location: USA
Cryptocurrency Accepted
Other Ways to Support This Charity
Donate Here
Mission Statement
The purpose of The Motley Fool Foundation is to promote financial freedom for all by investing in connections and innovations to connect the five drivers of financial freedom:
Education
Health
Workplace
Housing
Money
Why Donate Bitcoin to The Motley Fool?
Crypto can be a force for good in the quest for Financial Freedom for All and your tax-deductible donation of crypto will be used to break down silos so that the drivers are connected and work as a whole and we can counter the root causes and potential solutions to prevent people from being left behind.
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://foolfoundation.org/
TAX ID: 84-1970428
Organization Type USA: 501(c)3
Location: USA
