November 8 | Isabelle Panza
Cryptocurrency has changed the way millions of people invest their money. Now, it’s changing the way those people give back to their community.
Donating crypto offers unique advantages that benefit not only nonprofits but also donors. If you’ve invested in crypto or considering it, here’s why donating can be a financially smart choice:
1. Maximize Your Tax Benefits
When you donate cryptocurrency, you avoid paying capital gains tax on your asset, allowing you to give more without taking a bigger hit at tax time.
2. Simplified, Secure Transactions
Crypto donations offer a quick and secure way to give. With fewer intermediaries involved, the process is often more streamlined than traditional transactions. Plus, donations can be made from anywhere, anytime.
3. Support Causes in a Modern Way
Donating crypto aligns with forward-thinking values and allows you to be part of a growing movement of donors who are leveraging digital assets for the good of others. By giving cryptocurrency, you’re supporting modern philanthropy and showing how digital innovation can make a real difference.
Crypto donations come with lower transaction fees than traditional methods, allowing more of your gift to go directly toward our programs that serve Long Islanders facing food insecurity. Additionally, crypto can be quickly converted to cash, giving us the flexibility to use these funds immediately for urgent needs like stocking food pantries, supporting mobile distribution, and expanding outreach programs.
Amplify Your Impact with a Crypto Donation to Long Island Cares
Supporting Long Island Cares with a crypto donation is impactful and can benefit your financial planning. Crypto giving lets you amplify your generosity while taking advantage of key benefits in today’s financial and digital landscape.
Ready to make an impact with crypto?