Why Donate Cryptocurrency To Jackson Interfaith Shelter?

Explore a new and exciting way to give towards our vision.

 
 

Times have changed; 500 years ago, donating sheep, cows and bushels of apples would be the way to give money. Now, many give USD, others still give food (which is very appreciated), and some give the newest version of philanthropy, crypto. Thank you for considering using this modern form of giving. It’s much easier for us to put to use than shearing a sheep to make blankets.

Donating cryptocurrency directly to Jackson Interfaith Shelter is more tax-efficient than donating cash and can save you money. When you donate crypto, you do not owe capital gains tax on the appreciated amount and can deduct it on your taxes. Bitcoin, ethereum and other cryptocurrency donations are some of the most tax-efficient ways to support the individuals and families we serve here at JIS.

Cryptocurrency donations are powered by our trusted partner, The Giving Block. If you prefer to make your cryptocurrency donation directly on their site, visit our Giving Block crypto donation page.

 
 
 
 

Tax Information:

Donating cryptocurrency is a non-taxable event, meaning you do not owe capital gains tax on the appreciated amount and can deduct it on your taxes. This makes Bitcoin, Ethereum and other cryptocurrency donations one of the most tax efficient ways to support your favorite cause. If you want to learn more about how donating crypto can lower your taxes, check outthegivingblock.com/faq. Talk to a crypto-savvy tax professional or connect with The Giving Block to get connected with one.

For more information on donating cryptocurrency, contact us at admin@interfaithshelter.com. If you would like to donate using a credit card, visit our main giving page.