Why donate cryptocurrency?
During the pandemic, First Responders Children’s Foundation is helping the families of first responders including nurses, medical personnel, firefighters, police officers, EMTs, and paramedics who are on the front lines of dealing with COVID-19. For 20 years, First Responders Children’s Foundation has provided college scholarships for the children of those injured or killed in the line of duty, and the Foundation continues to do that now more than ever. And, with your help, we are providing PPE, financial grants, and temporary housing to stem the spread of hardship and infection among first responder families and the communities they serve. As public interaction and the prevalence of COVID-19 increases, we will continue to provide this much-needed care.
First Responders Children’s Foundation provides financial support to children who have lost a parent in the line of duty and families enduring significant financial hardship due to tragic circumstances. The Foundation also supports educational activities and programs created and operated by first responder organizations whose purpose is to benefit children or the communities in which they live.
Why Donate Crypto Directly? Taxes!
There’s a reason high net worth individuals tend to donate property instead of cash. Donating cryptocurrency directly to a 501c3 nonprofit is more tax efficient and can save you money.
The IRS classifies cryptocurrency as property for tax purposes which means it is typically the most tax efficient way to support your favorite cause. 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, as well as deduct more on your tax return. The difference? Sometimes more than 30%.
If you provide an email, you will automatically receive a tax receipt after donating.
Which cryptocurrency We Accept?
We accept the following cryptocurrencies: Bitcoin (BTC), Ether (ETH), Litecoin (LTC), Bitcoin Cash (BCH), Zcash (ZEC), Gemini Dollar (GUSD), Basic Attention Token (BAT), Chainlink (LINK), 0x (ZRX), Storj (STORJ), Dai (DAI), Amp (AMP), The Graph (GRT), UMA (UMA), 1inch (1INCH)