CARE works around the globe to save lives, defeat poverty and achieve social justice. Whether it's providing critical assistance in a sudden emergency or ongoing crisis, combating hunger and malnutrition, increasing access to health care for mothers and their children, or ensuring women and girls have the right to an education and dignified work, CARE is committed to strengthening communities by empowering women and girls. Today, CARE operates in 100 countries and impacts the lives of more than 70 million people each year through 1,000 projects.
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?
As one of the world's leading aid agencies, CARE is at the forefront of innovation to modernize humanitarian response for an era of unprecedented challenges. We are proud to accept crypto donations in our fight against global poverty and new threats such as COVID-19.
Which cryptocurrencies does CARE 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 CARE
Need more info on why you should donate cryptocurrency?