HOW TO DONATE CRYPTOCURRENCY
1.) Select your cryptocurrency type in The Giving Block’s secure donation tool below.
2.) Choose to donate anonymously or provide your donor information.
3.) Send your donation via the widget.
Is my Crypto Donation Tax Deductible?
Yes! Your crypto donation is tax deductible. Meals on Wheels North Central Texas offers supporters who want to donate their cryptocurrency the ability to give tax-efficiently.
The IRS classifies cryptocurrency donations as property, meaning they are not subject to capital gains tax and are tax-deductible. Your contributions are tax-deductible to the fullest extent permitted by law.
*Please consult your tax advisor or financial planner to determine your tax benefits.
What are the benefits?
The IRS classifies cryptocurrency donations as property, meaning they are not subject to capital gains tax on the appreciated amount and are tax-deductible. Cryptocurrency donations to registered charities are tax-deductible and can often reduce your tax burden.
Does Meals on wheels north Central texas hold cryptocurrency?
No. We convert cryptocurrency gifts into dollars as soon as we receive them through our partnership with The Giving Block.
What is The Giving Block?
The Giving Block equips non-profits to give supporters and organizations alike an easy-to-use cryptocurrency donation tool.
Can I donate anonymously and still receive a tax receipt?
Yes. Donors who wish to give anonymously can supply an email address during the donation process where they will receive their automatic tax receipt.
REFUND POLICY:
All cryptocurrency donations made via The Giving Block are non refundable. We are not able to give refunds if you changed your mind, sent the wrong cryptocurrency, or made the wrong decision.
Donors please read - important:
Please only send the exact cryptocurrency listed on the blockchain mentioned on the donation form. Do not send any other cryptocurrencies (including layer 2, wrapped tokens, NFTs, or other ERC-20 tokens not listed) as these are unsupported and may result in loss of donation. For more info, click here.