Tunapanda Institute, a 501(c)3 non-profit, bridges digital divides through tech, design, and entrepreneurship training. Tunapanda has had a consistent presence in Kibera, a Nairobi informal settlement, since 2013 and is a known and trusted leader in digital skills development for young people in low-income areas. For 6 years, we have been facilitating 3-month peer trainings and have graduated over 300 youth from our program, many of whom have gone on to teach these skills to others and/or to set up their own training facilities, freelancing careers, and businesses.
Tax Savings (read below)
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?
Tunapanda has accepted Bitcoin since 2014, teaches crypto in our 3-month training programs in low-income parts of East Afica, and ran a 3-day blockchain hackathon in Kibera (Nairobi) in 2018. We intend to integrate our open source elearning platform, Wikonnect (www.wikonnect.org), with a variety of digital payment options for learn-to-earn and teach-to-earn models.