Solar Electric Light Fund
SELF designs and implements solar projects for disadvantaged communities around the world to advance their levels of healthcare, education, water and food security, and economic development.
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?
Your Bitcoin gift makes it possible for SELF to develop and deliver solar solutions to those living without access to electricity. One of SELF’s many initiatives is its Solar Market Garden (SMG) project in Benin which combine solar pumps with drip irrigation to grow nutritious food and empower women farmers. Watch the brief video below to learn how the project saved a little girl named Bana.