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University of Maryland College Park Foundation

University of Maryland College Park Foundation

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Mission Statement

The University of Maryland College Park Foundation was established in 2000 as a 501(c)(3) non-profit corporation organized to receive, hold, invest and manage assets given in support of the University of Maryland, College Park. In the years since its inception, the UMCP Foundation has achieved growth, expansion and excellence while advancing the State of Maryland’s flagship campus on its ascent as a preeminent public research institution and global leader in entrepreneurship and innovation.

Why Donate Bitcoin to University of Maryland College Park Foundation?

The University of Maryland College Park Foundation recognizes the importance cryptocurrency plays in today’s economy and in the lives of our alumni, parents, and friends. Donors may find it beneficial to make contributions of cryptocurrency and should consult their tax adviser regarding how donations of cryptocurrency and other highly appreciated assets may fit into their tax strategy.

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://giftplanning.umd.edu/

TAX ID: 52-2197313

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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Mission Statement

The University of Maryland College Park Foundation was established in 2000 as a 501(c)(3) non-profit corporation organized to receive, hold, invest and manage assets given in support of the University of Maryland, College Park. In the years since its inception, the UMCP Foundation has achieved growth, expansion and excellence while advancing the State of Maryland’s flagship campus on its ascent as a preeminent public research institution and global leader in entrepreneurship and innovation.

Why Donate Bitcoin to University of Maryland College Park Foundation?

The University of Maryland College Park Foundation recognizes the importance cryptocurrency plays in today’s economy and in the lives of our alumni, parents, and friends. Donors may find it beneficial to make contributions of cryptocurrency and should consult their tax adviser regarding how donations of cryptocurrency and other highly appreciated assets may fit into their tax strategy.

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://giftplanning.umd.edu/

TAX ID: 52-2197313

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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