MATTER, a Minnesota-based global NGO, helps people launch projects that improve communities around the world. We are a group of problem solvers, innovators, dreamers, and above all, doers. We bring together companies, experts, and partners, to take on some of the biggest challenges our world is facing today. This collaborative movement has inspired solutions in healthcare access, activating healthy eating for children and families, regenerative agriculture, and student-centered education, collectively impacting more than 16 million lives. MATTER's guiding belief is encapsulated in the simple yet powerful expression, YOU MATTER. Your ideas and actions can change the world. Believe it. We do.
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?
MATTER believes that Bitcoin is an investment in the future. We plan to hodl all Bitcoin contributions as an investment, and we want to assure all donors that we are not interested in flipping it for fiat. We believe this aligns us with cryptocurrency donors who believe that the best use of Bitcoin is as a long-term investment rather than a short-term vehicle to cash out quickly.
We hope you will show your cryptocurrency generosity and consider making a gift to MATTER. By making a charitable gift to us this way, you can be assured that your special contribution to us, whether an initial contribution or an ongoing gift, allows you to make a long-term difference in MATTER's ability to launch projects that improve communities around the world well into the future.
Which cryptocurrencies does MATTER 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 MATTER
Need more info on why you should donate cryptocurrency?