AfricaDevelopmentPromise.jpg

Hermits of Our Lady of Mount Carmel

URL

TAX ID

82-5400358

Organization Type

USA: 501(c)3

Mission Statement

The Hermits of Our Lady of Mount Carmel is a Roman Catholic religious order observing the ancient Carmelite charism as it was lived on Mount Carmel and in the Discalced Carmelite Holy Deserts.

Tax Savings

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?

To support Roman Catholic Religious life.

Which cryptocurrencies does Hermits of Our Lady of Mount Carmel 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 Hermits of Our Lady of Mount Carmel

Need more info on why you should donate cryptocurrency?

Bitcoin Heart.png

Donate Crypto

Other Ways To

Support This Charity