Wall Street Bound
Our mission is to provide urban young adults with the skills, experience, and social capital that empower them to reach their full potential through “front office” financial service careers.
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?
Wall Street Bound trains urban youth ages 16-24 in finance technical skills and the all important corporate soft skills. By supporting Wall Street Bound, we are able to cultivate the next generation of finance professionals. We hope to grow the number of people of color in finance and give underrepresented youth a chance to become future leaders on Wall Street and masters of their own financial worlds.