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Crypto donations are a reliably tax-efficient way to give to charity. Your crypto donation is tax-deductible to the fullest extent permitted by law if you pay taxes in the U.S. By making a charitable gift, you may also be eligible to significantly reduce what you would otherwise owe in capital gains taxes.
This is because 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 the ISS National Lab.
When you donate through our portal with The Giving Block, you will be prompted to submit your email to receive an automatic tax receipt.
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