Thanks so much for your interest in donating cryptocurrency to the Chautauqua Watershed Conservancy! Click the button below to make your donation through CryptoForCharity, which will convert your crypto to US dollars and send it to us so we can put your gift to work cleaning and protecting our waterways!
Why donate crypto? You can give more for less cost!
Donating crypto directly to a charity can save you money on two types of taxes:
Avoid paying capital gains tax on your crypto gains
Receive a federal income tax deduction for the full value of your crypto (state and local income tax deductions may also be available)
BOOM! You just gave more for less cost! The alternative is to sell your crypto and donate the cash proceeds, but you would first owe capital gains tax on the appreciation, resulting in higher taxes for you and less dollars going to furthering the mission of the charity.