The Sophia Way
The Sophia Way
Mission Statement
The Sophia Way is a place of hope and change for women. We support them on their journey from homelessness to safe and stable living. The women who come to the shelters are in survival mode. At the two shelters, they find a warm, safe space to take a shower, sleep, access resources, and nourishing food that gives them strength.
Case managers focus on overall wellbeing – physical, mental, and financial. They partner with the women by asking and understanding how best to support their journey towards stability – their own home.
Why Donate Bitcoin to The Sophia Way?
The Sophia Way is providing not only the shelter, safety, and stability but is also working side by side with women to set goals with the support of trained case managers and assist in navigating the complexities of securing benefits and housing that allow them to thrive.
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
The Sophia Way is a place of hope and change for women. We support them on their journey from homelessness to safe and stable living. The women who come to the shelters are in survival mode. At the two shelters, they find a warm, safe space to take a shower, sleep, access resources, and nourishing food that gives them strength.
Case managers focus on overall wellbeing – physical, mental, and financial. They partner with the women by asking and understanding how best to support their journey towards stability – their own home.
Why Donate Bitcoin to The Sophia Way?
The Sophia Way is providing not only the shelter, safety, and stability but is also working side by side with women to set goals with the support of trained case managers and assist in navigating the complexities of securing benefits and housing that allow them to thrive.
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.