Blog

Bowery Residents Committee (BRC) Accepts Cryptocurrency Donations via The Giving Block


BRC now accepts donations in the form of cryptocurrency.


BRC now accepts tax efficient donations in the following cryptocurrencies via The Giving Block:

  • Bitcoin Donations (BTC)

  • Ethereum Donations (ETH)

  • Litecoin Donations (LTC)

  • Bitcoin Cash Donations (BCH)

  • Zcash Donations (ZEC)

  • Gemini Dollar Donations (GUSD)


By accepting cryptocurrencies, BRC is offering cryptocurrency users the ability to support the charity in a tax efficient way. The IRS classifies cryptocurrency donations as property, meaning they are not subject to capital gains tax and are deductible on the donor's tax returns.



BRC recognizes that the effort to end homelessness requires more than passion and experience, but also a sense of organizational responsibility and the strength to manage professionally. In the nearly 50 years that BRC has provided housing and treatment services to homeless adults in New York City, we have demonstrated continuing expertise in developing and delivering services with efficiency and positive outcomes.


To learn more about BRC visit https://brc.org/donate-brc-using-cryptocurrency


###


About The Giving Block


The Giving Block equips nonprofits to fundraise cryptocurrencies like Bitcoin, providing education, training and a technical solution. For nonprofits who choose to go the extra mile, they advise on crypto fundraising strategies, and/or pair nonprofits up with partner crypto organizations, elevating fundraising and awareness outcomes. Ultimately, they help nonprofits build a cryptocurrency fundraising program, and a brand in the cryptocurrency industry.


Contact:


[email protected]