Why Donate Bitcoin to Society for Science?
Society for Science helps students engage with STEM, read Science News, create science fair projects, compete in science competitions, and start their own scientific journeys.
Educators build inspiring and up-to-date STEM curricula via teacher research conferences, grants, advocate resources, and Science News journalists at Science News provide independent, unbiased coverage of science and give people the tools to evaluate the news and the world around them.
Save on your Taxes by Donating Cryptocurrency
Why Donate Crypto Directly? Taxes!
There’s a reason high net worth individuals tend to donate stocks and other property instead of cash. Donating cryptocurrency directly to a 501(c)(3) nonprofit is more tax efficient and can save you money.
The IRS classifies cryptocurrency as property for tax purposes, which means it is often the most tax efficient way to support your favorite non-profits.
When donating crypto, you receive a tax deduction for the fair market value of the crypto, and you avoid the capital gains tax you would have incurred if you had sold the crypto and then made a donation. That means you’re able to donate more, and deduct more on your tax return. The difference? Sometimes more than 30%. In other words, the cost of donating $1 of crypto can be only $0.70 or less.
We accept the following cryptocurrencies: 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).