Junior Achievement of New York
JA New York’s mission is to inspire and prepare young people to succeed in the global economy. Through experiential, interactive programs—and with the enthusiastic support of our business, community and educational partners—we teach and inspire young people to understand the economic world around them, plan for their financial futures and make the most of their potential.
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?
Junior Achievement of New York teaches NYC, LI and Hudson Valley students about personal economics, the importance of staying in school and workforce readiness.