When you donate cryptocurrency to the Dave Thomas Foundation for Adoption, you will help make the dream of a loving, permanent family a reality for more youth waiting to be adopted from foster care.
All gifts of cryptocurrency are dedicated to advancing the Foundation’s mission and will not be designated to a specific campaign or location.
The IRS classifies cryptocurrencies as property, so cryptocurrency donations to 501(c)3 charities receive the same tax treatment as stocks. Donating cryptocurrency is a non-taxable event, meaning you do not owe capital gains tax on the appreciated amount and can deduct it from your taxes.
For questions about tax benefits, please consult your financial advisor.
To discuss making a donation of cryptocurrency to the Foundation, contact Jennifer Blank, Senior Director of Development, at 614.764.8448 or Jennifer_Blank@davethomasfoundation.org.