Donating crypto is one of the best ways to reduce your tax burdens. That’s why we work with the leaders in crypto taxes to help our major donors give in a way that works best for them and our charities.
How donating crypto lowers taxes
When you donate crypto, everybody wins — except the IRS.
When you donate crypto to a nonprofit, you receive a tax deduction for the value of the crypto, and avoid the capital gains tax you would have paid if you sold the crypto before donating. This means donating crypto translates into a larger donation and a higher deduction.