Open Medicine Foundation
Open Medicine Foundation (OMF) leads the largest, worldwide nonprofit effort to diagnose, treat, and prevent chronic, complex diseases such asMyalgic Encephalomyelitis / Chronic Fatigue Syndrome (ME/CFS), Post-COVID Syndrome, Post-Treatment Lyme Disease Syndrome (PTLDS), and Fibromyalgia. OMF envisions improved health care for patients suffering from chronic complex diseases with collaboration between the patients,clinicians, and researchers.
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?
OMF provides an opportunity for cryptocurrency investors to contribute to solving big global health problems impacting millions of patients, helping to speed up research by top researchers, advancing technology innovations in research and clinical care, and educating physicians. Just as cryptocurrency is at the forefront of innovative financial instruments, OMF is at the forefront of innovations in research and healthcare.
Which cryptocurrencies does Open Medicine Foundation 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 Open Medicine Foundation
Need more info on why you should donate cryptocurrency?