Cryptocurrency Donations

We have had requests from potential donors to accept cryptocurrency donations for our church and school. Over the last few months we have worked on securing a cryptocurrency donation platform. The final steps are being completed for us to accept cryptocurrency donations. If you wish to make a donation for 2021 please do so before midnight on December 31, 2021. If you have questions please email Michelle Fontana at mfontana@st-ignatius.org.
 

Tokens accepted include 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), or any tokens currently accepted on the Gemini Exchange

Please note that donations made through this link support St. Ignatius Martyr Catholic Church mission. If you wish for your donation to be restricted to a certain area please reach out to Michelle Fontana at mfontana@st-ignatius.org.

The IRS classifies cryptocurrencies as property, so cryptocurrency donations to 501(c)3 charities 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 it on your taxes. Please 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. If you want to learn more about how donating crypto can lower your taxes, check out  thegivingblock.com/faq. Talk to a crypto-savvy tax professional or connect with The Giving Block to get connected with one.