Alex's Lemonade Stand Foundation

URL

TAX ID

56-2496146

Organization Type

USA: 501(c)3

Mission Statement

To change the lives of children with cancer through funding impactful research, raising awareness, supporting families, and empowering everyone to help cure childhood cancer. Alex's Lemonade Stand Foundation (ALSF) funds childhood cancer research and provides travel assistance to families with a child undergoing cancer treatment. Additionally, ALSF does in-house research through its Childhood Cancer Data Lab, which builds AI tools for cancer researchers to use.

Tax Savings

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?

The Alex’s Lemonade Stand Foundation (ALSF) has long supported decentralized and open-sourced projects by requiring that grant recipients make their findings available to other researchers and by posting updates from its Childhood Cancer Data Lab at https://github.com/AlexsLemonade. Now, ALSF is taking the next step in this direction by creating a grant that will be distributed entirely in Bitcoin. All cryptocurrency donated will be held as cryptocurrency and, ultimately, converted to Bitcoin before being distributed to a grant recipient.

Which cryptocurrencies does Alex's Lemonade Stand Foundation accept?

You can donate Bitcoin (BTC), Ethereum (ETH), Amp (AMP), Basic Attention Token (BAT), Bitcoin Cash (BCH), ChainLink (LINK), Dai (DAI), Dogecoin (DOGE), The Graph (GRT), Gemini Dollar (GUSD), Litecoin (LTC), Storj (STORJ), UMA (UMA), Zcash (ZEC), 0x (ZRX), 1inch (1INCH) to Alex's Lemonade Stand Foundation

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United States