Food System 6 Accelerator, Inc.
Food System 6 (FS6) is a non-profit business accelerator whose mission is to support impact driven entrepreneurs as they transform how we grow, produce, and distribute food. The organization runs a comprehensive program that mentors entrepreneurs by coaching them through a wide range of business and organizational needs. FS6 also works to educate stakeholders on the unique capital needs as related to redefining the food system.
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 history of the world’s food systems is earmarked by major shifts - from hunting, gathering, fishing, and foraging through the current industrial food system. We believe that the 5th and current food system has exhausted its growth trajectory and that the world is, once again, staged for a major transformation in the way that food is grown, distributed and produced. The current large-scale industrialized model of production is no longer sustainable for our planet and a sixth, more holistic system, is needed to replace it. Our vision for the 6th Food System is for a system that is built on increased collaboration, a greater recognition of the interrelation of the food we are producing and the people that produce and consume it, and an increased commitment to building sustainability and regeneration into the fiber of production, consumption, and waste systems.
Which cryptocurrencies does Food System 6 Accelerator, Inc. accept?
You can donate Bitcoin (BTC), Ethereum (ETH), Amp (AMP), Aave (AAVE), Balancer (BAL), Bancor Network Token (BNT), Basic Attention Token (BAT), Bitcoin Cash (BCH), ChainLink (LINK), Compound (COMP), Curve (CRV), Dai (DAI), Dogecoin (DOGE), The Graph (GRT), Gemini Dollar (GUSD), Litecoin (LTC), Polygon (MATIC), Storj (STORJ), SushiSwap (SUSHI), Synthetix (SNX), UMA (UMA), Uniswap (UNI), Yearn.Finance (YFI), Zcash (ZEC), 0x (ZRX), 1inch (1INCH) to Food System 6 Accelerator, Inc.
Need more info on why you should donate cryptocurrency?