As an independent boarding school, we prepare students for college and for life with a rigorous and comprehensive program. We teach those who strive to grow, nurture striving where it falters, foster academic excellence, and promote understanding of and respect for one another’s beliefs and differences.
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?
From annual giving to the endowment to funding specific programs, there are many ways to demonstrate your philanthropic belief in the mission of Kent School. Every gift counts, in whatever amount is right for you and your family.
Which cryptocurrencies does Kent School 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 Kent School
Need more info on why you should donate cryptocurrency?