The Roberto Clemente Health Clinic
The Roberto Clemente Health Clinic provides affordable access to high-quality health care and wellness programs in the Tola coastal communities of Nicaragua.
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?
The founder and current Chair of the non-profit, Julia Guth, took advantage early on of Coinbase’s refer-a-friend incentive. The company (https://www.coinbase.com/join/guth_8s) gives $10 in bitcoin to its account holders for every new contact referral, so Julia set up an account for the clinic and used it to refer her friends and colleagues in the financial world to Coinbase. She also asked them to include a referral link to the non-profit’s account whenever they publicly recommend using Coinbase to trade crypto.
And has it ever worked! Over the years, the non-profit has received over $30,000 in donations thanks to this Coinbase referral link.
You can donate Bitcoin (BTC), Ethereum (ETH), Amp (AMP), Basic Attention Token (BAT), Bitcoin Cash (BCH), Chainlink (LINK), Dai (DAI), Gemini Dollar (GUSD), Litecoin (LTC), Storj (STORJ), Zcash (ZEC), 0x (ZRX) to The Roberto Clemente Health Clinic
Need more info on why you should donate cryptocurrency?