Yes, we accept Cryptocurrency.
The Internal Revenue Service does not recognize a gift of cryptocurrency to the Citizens Research Council as a donation of money. Instead, cryptocurrencies are treated as capital assets or income and are subject to capital gains tax.
Avoid capital gains tax
Donating long-term held cryptocurrency investments increases the number of funds available to the Citizens Research Council. Direct crypto donations eliminate the capital gains tax you would incur if you converted the coin into U.S. currency. The percentage that would have been added to your tax liability can now be donated directly to the Research Council, thus maximizing your gift amount.
Additionally, you may claim a fair market value charitable deduction for the tax year in which the gift is made.
Make a bigger impact
When you donate crypto directly to the Citizens Research Council, your gift is more significant because you avoid the taxes you would incur from selling the crypto and donating the cash. This means more money going to the work that you support.
It’s quick and easy
Click here for a list of currencies we accept. OR
Click here to be rerouted to XXXX so your crypto can be converted to USD and forwarded to us.