Feeding Texas leads a unified effort for a hunger-free Texas. As a statewide association for a network of 21 food banks that serve all 254 counties in Texas, we work collaboratively to ensure adequate nutritious food for our communities, improve the health and financial stability of the people we serve, and engage all stakeholders in advocating for hunger solutions.
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?
Your donation helps move us toward a day when every Texan has the healthy food they need. Your support helps Feeding Texas ensure vulnerable families have access to healthy food today while also addressing the root causes of food insecurity.
Which cryptocurrencies does Feeding Texas 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 Feeding Texas
Need more info on why you should donate cryptocurrency?