mRelief now accepts donations in the form of cryptocurrency.
mRelief 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, mRelief 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.
Donating crypto to mRelief means your tax deduction and your charitable gift may instantly increase over 20%. 501c3 nonprofits are exempt from paying capital gains on the sale of assets, so the full value of your gift stays intact.
To learn more about mRelief visit https://www.mrelief.com/.
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.