Why Donate Bitcoin to Oklahoma City Community Foundation?
Why Give Through the Oklahoma City Community Foundation?
We Keep It Simple – We handle all administration and legal requirements associated with endowments, allowing you to focus on your charitable goals.
Financial Benefits – Because we are a 501(c)(3) public charity, you receive the maximum tax benefits available for your charitable gifts.
Flexibility – We accept a variety of gifts and will customize a giving plan that fits your charitable goals.
Save on your Taxes by Donating Crypto
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.
TAX ID: 23-7024262
Organization Type USA: 501(c)3