Develop Africa strategically empowers lives in Africa by providing educational opportunities and resources. We strengthen self-reliance so that individuals, families, and communities can create positive change in their own lives.
We provide school supplies, scholarships, solar lights (so kids can study at night), mosquito nets (to keep children safe from malaria), computer/vocational training etc.
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 Corona Virus (also known as COVID-19) is disrupting the lives and livelihood of lives globally.
The impact of the coronavirus/COVID-19 is projected in the months ahead to be far worse in Africa. This is because many communities have limited or no access to Intensive care units, PPE, ventilators, and pipe-borne water, etc. The public health capacity there is far less. An estimated 47% of the population of Freetown, the capital city of Sierra Leone, does not have access to running water and 35% live in severely overcrowded informal settlements. Our beneficiaries are therefore extremely vulnerable.
Which cryptocurrencies does Develop Africa 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 Develop Africa
Need more info on why you should donate cryptocurrency?