SolarBuddy is an impact organization uniting a global community to illuminate the futures of all children.
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?
Imagine night falls and you are plunged into complete darkness. This is daily reality for the 1 in 10 people worldwide who live in extreme energy poverty that is, they live with no access to clean, safe, reliable electricity.
Extreme energy poverty is a global humanitarian and environmental crisis which is largely invisible to those in the developed world. Extreme energy poverty is known as the worst form of poverty because for 800 million people it perpetuates nearly all other forms of poverty. This compounds to catastrophic impact on the natural world, the air we breathe and the climate we live in.
There is a solution! You can be the catalyst to grassroots, long-lasting, transformational change for both the most marginalized communities in the world and the planet. How? By giving the gift of light!
Living without access to electricity means children are unable to study after sunset which devastatingly limits their education and traps them into an intergenerational cycle of poverty. They breathe in toxic energy sources like charcoal, firewood, and kerosene so the essential act for living, is killing them. We believe this is simply not acceptable and aim to transform the lives of people for whom social injustice, economic injustice and just simply staying alive is dominated by the lack of access to modern energy.
You can make this possible. You can fix this.
Which cryptocurrencies does SolarBuddy 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 SolarBuddy
Need more info on why you should donate cryptocurrency?