Unbound is an international nonprofit that works to bring people together to challenge poverty in new and innovative ways. We create a practical and trustworthy way to empower individuals and families living in poverty to become more self-sufficient and fulfill their desired potential. Working in 19 countries, we build relationships of mutual respect and support that bridge cultural, religious and economic divides.
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?
We invite all people of goodwill to join us. Individuals and organizations who provide financial support to Unbound will make a direct and personalized impact on those living on the margins of society. With 92.6 % of Unbound’s expenses going toward program support, you can confidently give to Unbound knowing your contributions are going to benefit the families and communities in need. It is one of the many reasons Unbound is so highly rated by third party charity watch groups such as Charity Navigator, Charity Watch and Guide Star. To learn more about Unbound and our mission, please visit Unbound.org.
Which cryptocurrencies does Unbound 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 Unbound
Need more info on why you should donate cryptocurrency?