How can I donate cryptocurrency to VMI?
Donating crypto is safe, easy, and fast. Using the widget on this page, making a charitable gift is a quick three-step process:
- Select your preferred crypto and enter your gift amount
- Type in your email and basic info (or choose to give anonymously)
- Make your gift!
Upon making a donation, you can elect to receive an automatically generated tax receipt that will be sent to the email address you provide. This confirmation of your donation will help you close the loop when calculating your taxes.
Crypto charitable donations are processed quickly and safely with The Giving Block and Gemini Trust Exchange.
Why does VMI accept cryptocurrency?
Crypto Philanthropy is a new and thrilling fundraising avenue for nonprofit organizations like VMI. With more than 220 million crypto users worldwide and the value of many cryptocurrencies rising, the crypto community is in a position to make a wide-reaching impact through philanthropy. Donating crypto is also one of the most tax-efficient ways for individuals to support causes that matter to them. We are excited about what the future holds in the crypto and blockchain space, and believe that we’ve just scratched the surface of its true fundraising potential.
Which cryptocurrencies do you accept?
We currently accept more than 40 cryptocurrencies, including: Aave (AAVE), Amp (AMP), Balancer (BAL), Bancor Network Token (BNT), Basic Attention Token (BAT), Bitcoin (BTC), Bitcoin Cash (BCH), Chainlink (LINK), Compound (COMP), Curve (CRV), Dai (DAI), Decentraland (MANA), Dogecoin (DOGE), Enjin Coin (ENJ), Ethereum (ETH), Fantom (FTM), Gemini Dollar (GUSD), The Graph (GRT), Injective Protocol (INJ), Kyber Network (KNC), Litecoin (LTC), Livepeer (LPT), Loopring (LRC), Maker (MKR), PAX Gold (PAXG), Polygon (MATIC), Ren (REN), Storj (STORJ), SushiSwap (SUSHI), Synthetix (SNX), UMA (UMA), Uniswap (UNI), Yearn.Finance (YFI), Zcash (ZEC), 0x (ZRX) and 1inch (1INCH). We are continually in the process of adding support for new cryptocurrencies, so please check back soon for more giving options.
Are crypto donations tax-deductible?
Yes! Crypto donations are one of the most tax-efficient ways 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.
As with any tax-related questions, be sure to consult with a qualified, professional tax advisor. Get more information about lowering your crypto taxes.
I need assistance with my donation. How can I get in touch?
Thank you for your interest in supporting VMI. To contact us about making a crypto donation, please email Crissy Elliott with the subject line, “Crypto Donation.”