Hearts & Homes for Refugees
We partner with resettlement agencies to welcome, assist and advocate for refugees. Our ever-growing network of volunteers — families, neighbors, community organizations, and people of goodwill from all faith and civic groups — is committed to offering refugees hope and opportunity. In keeping with time-honored American tradition, we offer refuge to those fleeing violence and persecution, and identify and tap resources that aid refugee populations. We use our expertise and experience to educate, inspire and equip others to welcome the stranger.
Tax Savings (read below)
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?
Hearts & Homes for Refugees is an early adopter of cryptocurrency and understand its role in changing the world, particularly in the world of giving where crypto donors are having a profound impact in the most needed areas.
We are the recipient of a Pineapple grant in 2017. Because of that bitcoin donation, Hearts & Homes has been able to build a deeply rooted grassroots welcoming movement by tapping the energy and goodwill of thousands of volunteers and supporters who have helped resettle our new neighbors and changed the lives of hundreds of refugees and asylees in our area.
When we received the Pineapple grant, the financial impact was organization-altering. There was an unexpected outcome. The nascent welcoming movement was inspired by the faith of one anonymous donor and an overwhelming number of people wanted to be part of welcoming refugees. In fulfilling our mission, we recognize our commitment to the refugees but also to those joiners who depend on Hearts & Homes to continue providing opportunities to advocate and stand up for our newest neighbors.