5 Gyres empowers action against the global health crisis of plastic pollution through science, education, and adventure.
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?
Over the past ten years, we have traveled the world’s oceans in search of plastic pollution. We found not garbage patches but a smog of broken up pieces of plastic, never degrading, just getting smaller and smaller.
That’s why we dedicate the next ten years to leading the movement that will define a generation, on the path to a sustainable future based on zero-waste culture and circular economies. Together, we can change the way the world uses and discards plastic. Together, we can create a new tomorrow.
By donating cryptocurrency to 5 Gyres today, you are helping us apply our science to real solutions to make the world a better place and provide a better future for all. Thank you!
Which cryptocurrencies does 5 Gyres accept?
You can donate Bitcoin (BTC), Ethereum (ETH), Amp (AMP), Aave (AAVE), Balancer (BAL), Bancor Network Token (BNT), Basic Attention Token (BAT), Bitcoin Cash (BCH), ChainLink (LINK), Compound (COMP), Curve (CRV), Dai (DAI), Dogecoin (DOGE), The Graph (GRT), Gemini Dollar (GUSD), Litecoin (LTC), Polygon (MATIC), Storj (STORJ), SushiSwap (SUSHI), Synthetix (SNX), UMA (UMA), Uniswap (UNI), Yearn.Finance (YFI), Zcash (ZEC), 0x (ZRX), 1inch (1INCH) to 5 Gyres
Need more info on why you should donate cryptocurrency?