Center for Independent Thought - Stossel

URL

TAX ID

52-0945376

Organization Type

USA: 501(c)3

Mission Statement

Center for Independent Thought seeks to expand awareness of individual liberty, free markets, and peace. Toward that goal, CIT works with teachers, scholars, and international free-market organizations to develop critical thinking and bring the ideas of liberty to people around the globe.

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?

CIT's programs produce and distribute videos with engaging and easy-to-understand educational themes to ensure audiences have a thorough understanding of current events, economics, and government regulations. Your crypto donations will help us continue to create content that defends the crypto community and decentralization.

Which cryptocurrencies does Center for Independent Thought - Stossel 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 Center for Independent Thought - Stossel

Need more info on why you should donate cryptocurrency?

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1100 15th St NW, Ste 420
Washington, DC 20005

United States