Donating cryptocurrency is an additional way to give to Equality California Institute. It is a non-taxable event, meaning you do not owe capital gains tax on the appreciated amount and can deduct it on your taxes. This makes Bitcoin and other cryptocurrency donations one of the most tax efficient ways to support the work of Equality California Institute. Speak with your financial advisor to learn more about how donating cryptocurrency can lower your taxes. Our partners at The Giving Block have more information, and can connect you to a crypto-savvy tax professional.
If you want to learn more about how donating crypto can lower your taxes, click here.
Your generous contribution of cryptocurrency will enter you into the qualifying Membership program.
The IRS classifies cryptocurrencies as property, so cryptocurrency donations to 501(c)3 charities receive the same tax treatment as stocks. Donating cryptocurrency is a non-taxable event, meaning you do not owe capital gains tax on the appreciated amount and can deduct it on your taxes. Please contact your tax or financial advisor for more information.
No goods, services or airdrops will be offered in exchange for cryptocurrency donations. Please note all gifts of cryptocurrency will be used where it is needed most. All cryptocurrency gifts made via The Giving Block are non refundable.
