Crypto Donation

There’s a reason high net worth individuals tend to donate property instead of cash. Donating cryptocurrency directly to a 501c3 nonprofit is more tax efficient and can save you money. The IRS classifies cryptocurrency as property for tax purposes which means it is typically the most tax efficient way to support your favorite cause. When donating crypto, you receive a tax deduction for the fair market value of the crypto, and you avoid the capital gains tax you would have incurred if you had sold the crypto and then made a donation. That means you’re able to donate more, as well as deduct more on your tax return. The difference? Sometimes more than 30%. If you provide an email, you will automatically receive a tax receipt after donating. TAX ID: 95-3646269 Organization Type USA: 501(c)3

You can donate Bitcoin (BTC), Ethereum (ETH), Amp (AMP), Aave (AAVE), Alchemix (ALCX), Ankr Network (ANKR), Balancer (BAL), Bancor Network Token (BNT), BarnBridge (BOND), Basic Attention Token (BAT), Bitcoin Cash (BCH), ChainLink (LINK), Compound (COMP), Curve (CRV), Dai (DAI), Decentraland (MANA), Dogecoin (DOGE), Enjin Coin (ENJ), Fantom (FTM), Filecoin (FIL), Gemini Dollar (GUSD), Injective Protocol (INJ), Kyber Network (KNC), Litecoin (LTC), Livepeer (LPT), Loopring (LRC), Maker (MKR), Mirror Protocol (MIR), Orchid (OXT), PAX Gold (PAXG), Polygon (MATIC), Ren (REN), Skale (SKL), Somnium Space (CUBE), Storj (STORJ), SushiSwap (SUSHI), Synthetix (SNX), Tezos (XTZ), The Graph (GRT), The Sandbox (SAND), UMA (UMA), Uniswap (UNI), Yearn.Finance (YFI), Zcash (ZEC), 0x (ZRX), 1inch (1INCH).

You can generate a wallet address by using our widget above. Choose the currency you wish to donate Put in any amount for the pledge (don’t worry – receipts will match the actual amount donated). Enter your donor information or choose to donate anonymously. Once you reach the third page, the widget will generate a dynamic wallet address you can use to complete your donation.

When using The Giving Block widget you’ll notice that a new wallet address is created every time. This is because The Giving Block uses dynamic wallet addresses. This is done to protect your privacy and ours. Doing so helps prevents third parties from viewing all of your transaction history simply by copying and pasting the wallet address or TXID into a block explorer. All addresses that are generated are associated with your donor information AND ours forever. This means that you can reuse the address as often as you’d like or you can generate a new one each time. It’s up to you. In some cases, users want to re-use an address because they’ve added it as a payout address in an app or smart contract. Note that for ETH, after the first donation is sent, the address is converted to a smart contract.

In order to receive a receipt with your donation, you must enter your email when prompted to in our widget above. You will automatically receive a receipt from receipts@thegivingblock.com as soon as the transaction is confirmed on the blockchain. This changes depending on the blockchain – you can refer to this guide for estimates and more information. Please note that you will receive a receipt every time you donate with our wallet address to the receipt you enter when generating the address.

Yes, of course! However, if you’d like to receive a tax receipt, you must enter your email address when prompted on the third page. A tax receipt will only be sent once you’ve entered your email address.

The Giving Block supports the ERC-20 Polygon (MATIC) asset but The Giving Block does not support transfers via the Polygon/Matic network. In order to successfully donate Polygon (MATIC) to a charity please be sure the assets you are transferring are on the Ethereum mainnet (ERC-20 token).

Thank you for your interest in supporting Hospice of the North Coast. To contact us about making a crypto donation, please send us an email at sdew@hospicenorthcoast.org with the subject line, “Crypto Donation.”