1517 is a 501(c)3 whose mission and work is to declare and defend the Good News that we are forgiven and free on account of the death and resurrection of Jesus alone.
We do this through a variety of endeavors including a podcast network, daily blogs, speakers conferences, a free online academy, a publishing house, a YouTube channel and other dedicated social media.
We are thankful for all who partner with us in proclaiming the Good News of Christ Jesus.
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.
Why donate Bitcoin?
Your crypto donations not only help us keep a vast majority of our offerings completely free, but they also help us to publish the Good News that we are forgiven and free on account of Christ Jesus to the ears, hearts, and lives of more and more people.