Like the world-changers who support our organization, we are focused on making a long-term impact by helping kids living in poverty. We have a bold vision: graduating healthy, educated, empowered and employed young adults from our program so they can achieve the goal of breaking the cycle of poverty.
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?
Local staff have formed task forces to target their efforts and are working closely with local government authorities, as well as local relief organizations to provide support where it’s needed most.
Recently, 500 cases of soap were given to hospitals in Zambia, where they are using it to support frontline responders, as well as patients.
Although the community centers are closed, staff is finding all kinds of ways to creatively continue to support our children and their families.
Doctors are using telehealth and equipping families and children with information and education around the coronavirus, handwashing and mental health.
Some of our programs are being delivered in new, innovative ways – such as job training webinars through Facebook live, and virtual tutoring in math and reading.