W Haywood Burns Institute

URL

TAX ID

81-0594086

Organization Type

USA: 501(c)3

Mission Statement

The W. Haywood Burns Institute (BI) is a black-led national, non-profit with a diverse team of bold visionaries, working to transform the administration of justice. Always challenging racial hierarchy and the social control of communities of color by the justice sector and other public systems, BI employs strategies and tactics to establish a community centered approach of justice administration that is anchored in structural well-being.

Tax Savings

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?

This community centered well-being paradigm is represented by a system of public policies, institutional and inclusive practices, cultural representations, and other norms that work to strengthen families, communities and individual well-being for positive life outcomes.

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