We defend the rights of immigrants and refugees, empower individuals, families, and communities, and advocate for liberty and justice.
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?
At RAICES, we are operating on the national frontlines of the fight for immigration rights because we believe that all people have the right to seek a safe and secure future for their families.
Our RAICES community has made it possible for us to do what we do best: advocate for immigrant rights to shift support in favor of freedom, as well as to provide client services on behalf of individuals, families, and unaccompanied children. Together, we are making a difference – and you can, too.
When you donate to RAICES, your gift will go towards securing the release of thousands of people and ensuring that each person receives quality legal and social services. Since 2018 alone, we have defended over 65,000 service recipients, assisted an average of 200 newly arrived refugees annually in laying the foundation for successful resettlement, and paid $15 million in bonds throughout Texas and across the country in coordination with the National Bail Fund Network.
Which cryptocurrencies does RAICES 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 RAICES
Need more info on why you should donate cryptocurrency?