Waco Foundation

Waco Foundation

Mission Statement

The mission of Waco Foundation is to promote solutions to community challenges, strengthen local nonprofits, engage philanthropists and manage charitable assets in order to improve quality of life in McLennan County.

Why Donate Crypto to Waco Foundation?

Donations of cryptocurrency can support local nonprofits and important community projects managed by Waco Foundation. Efforts like high-quality race equity training, financial aid to ensure local students can graduate from college, and capacity building to strengthen McLennan County nonprofits, are made possible thanks to many generous donors. A gift of cryptocurrency is a great way to support the vital community work facilitated by Waco Foundation and other area nonprofits.

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://wacofoundation.org/

TAX ID: 74-6054628

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

The mission of Waco Foundation is to promote solutions to community challenges, strengthen local nonprofits, engage philanthropists and manage charitable assets in order to improve quality of life in McLennan County.

Why Donate Crypto to Waco Foundation?

Donations of cryptocurrency can support local nonprofits and important community projects managed by Waco Foundation. Efforts like high-quality race equity training, financial aid to ensure local students can graduate from college, and capacity building to strengthen McLennan County nonprofits, are made possible thanks to many generous donors. A gift of cryptocurrency is a great way to support the vital community work facilitated by Waco Foundation and other area nonprofits.

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://wacofoundation.org/

TAX ID: 74-6054628

Organization Type USA: 501(c)3

Location: USA

Cryptocurrency Accepted

Other Ways to Support This Charity

Share Fundraiser
Donate on Organization’s Website

Thousands of organizations accept crypto donations through The Giving Block

See All Organizations | Why Donate Cryptocurrency? | FAQs