Your donation can help ALF achieve its mission to promote education, advocacy, support services and research for the prevention, treatment and cure of liver disease. Our vision is a world without liver disease.
Thank you for supporting the ALF through crypto philanthropy. If you have any questions, please reach out directly to David Ticker, CFO, 646-737-9415.
The ALF is excited to offer our supporters the ability to make gifts using cryptocurrency! With more than 220 million crypto users worldwide – and the value of many cryptocurrencies rising – the crypto community can make an incredible impact through philanthropy.
Donating cryptocurrency is safe, easy, and fast. It’s also one of the most tax-efficient ways for individuals to support causes that matter to them. Your donations will be used to support our work to provide education, advocacy, support services and fund research to help liver patients and their families.
The IRS classifies cryptocurrencies as property, so cryptocurrency donations made to the ALF 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 the value of your donation on your tax return. Contact your tax or financial advisor for more 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. To learn more about how donating crypto can lower your taxes, talk to a crypto-savvy tax professional or connect with The Giving Block to get connected with one.
Last updated on January 31st, 2023 at 11:47 am