National Black Chamber of Commerce now accepts donations in the form of cryptocurrency.
National Black Chamber of Commerce 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, National Black Chamber of Commerce 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.
The NBCC is a nonprofit, nonpartisan, nonsectarian organization dedicated to the economic empowerment of African American communities. 140 affiliated chapters are locally based throughout the nation as well as international affiliate chapters based in Bahamas, Brazil, Colombia, Ghana, Kenya, France, Botswana, Cameroon and Jamaica and businesses as well as individuals who may have chosen to be direct members with the national office. In essence, the NBCC is on the leading edge of educating and training Black communities on the need to participate vigorously in this great capitalistic society known as America.
To learn more about National Black Chamber of Commerce visit https://www.nationalbcc.org/
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.