With hundreds of congregations as well as countless leaders and movement partners throughout the country, the LIVE FREE Campaign is working to end the scourges of gun violence, mass incarceration, and the criminalization of Black and Brown bodies that tears at the soul of our society.
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?
With over 118 million people attending weekly services in over 350,000 congregations across the U.S., we believe that a social justice revival within our faith institutions would transform our nation’s hearts and minds, and ultimately, the policies and practices that perpetuate these evils.
Which cryptocurrencies does LIVEFREE 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 LIVEFREE
Need more info on why you should donate cryptocurrency?