By donating to MEMRI, you are supporting our work translating and analyzing media - print, broadcast and online - from the Arab and Muslim world. You are also supporting MEMRI projects that highlight advocacy for reform and democratization in the region, expose antisemitism across the world, fight online jihadi and terrorist activity, and much more. You are making a difference!
The IRS classifies cryptocurrencies as property, so cryptocurrency donations to 501(c)3 charities receive the same tax treatment as stocks. Donating cryptocurrency is a non-taxable event, meaning you do not owe capital gains tax on the appreciated amount and can deduct it on your taxes. Please contact your tax or financial advisor for more information.
If you want to learn more about how donating crypto can lower your taxes, check out thegivingblock.com/faq