Crypto

Why Crypto?

As Catholics, we are called to tithe and to give beyond with almsgiving. We are asked to do this not selfishly but to take care of one another, in our current life and for generations. God’s word repeatedly and unambiguously assures us we should trust in God and be generous stewards of what he has allowed us to have because God is not going to be outdone in generosity. We can’t be too generous with God, who gave us this life, and then gave His life to save us for eternal life – let us make sure our faith in that is manifested in our living and in our giving so that when we die, we are excited to “receive recompense, according to what we did in the body.”

Tax Benefits

Donating cryptocurrency is a non-taxable event. Donors do not owe capital gains tax on the appreciated crypto that is donated and can typically deduct the fair market value of the donation on their taxes. This often makes Bitcoin, Ethereum and other cryptocurrency donations one of the most tax-efficient ways to support your favorite cause. Talk to a crypto-savvy tax professional or connect with The Giving Block to get connected with one. If you want to learn more about how donating crypto can lower your taxes, check out thegivingblock.com/faq.

We accept over 70 different kinds of Cryptocurrency