Bitcoin and other virtual currencies
A gift of bitcoin, the computer-driven online money system, can be an excellent way to support charity_name. In February of 2015, the I.R.S. announced that it would treat bitcoin and other virtual currencies as property rather than a currency thereby putting bitcoin on a track to becoming a true financial asset. This decision makes bitcoin subject to capital gains taxes if held as a capital asset in the donor’s hands.
A gift of virtual currency may be right for you if:
- You own virtual currency that you bought at least one year ago.
- The virtual currency has grown significantly in value since you bought them.
- You want to save income taxes or capital gains taxes.
- You would like to make a gift to charity_name.
How It Works
You transfer your virtual currency to charity_name. We sell and reinvest your virtual currency and put it to use in our mission.