If you have cryptocurrency (or are crypto-curious), and you're looking for a tax-smart way to invest it β now is the time to give a cryptocurrency donation to Habitat for Humanity.
Thanks to a partnership with The Giving Block, Habitat East Bay/Silicon Valley is now equipped to securely accept donations in Bitcoin, Ethereum, and over 100 additional leading cryptocurrencies, and turn digital currency into real impact in the community.
To kick off this exciting way to support Habitat, we have set a goal to raise $150,000 in crypto donations to fund the construction of a home in phase two of Esperanza Place.
Raising $150,000 is a lofty goal, but the need is urgent. When you donate crypto to Habitat, we will direct 100% of your gift to help build a home for a future Habitat family in our Esperanza Place development in Walnut Creek. This type of funding will help keep our construction timeline on track and allow our future homeowners to move in by spring of 2026!
A donation of cryptocurrency is also a tax-savvy way to maximize your giving's impact. By donating cryptocurrencies like Bitcoin or Ethereum, you can enjoy tax benefits like:
As cryptocurrency investors know, you can see some serious appreciation in value β and that often means serious capital gains taxes when you sell. Some could get taxed at upwards of a third of their gained value! So, when you consider your options of selling crypto and donating the cash proceeds, versus donating crypto directly to Habitat? It's a no-brainer.
Donating cryptocurrency directly to Habitat means that you don't pay capital gains taxes, you can potentially claim the full value of the crypto as an income tax deduction, and that full value goes to Habitat.
Cryptocurrency is surging in popularity. More than 580 million people worldwide have invested in cryptocurrencies. And, so many of them have discovered the power of these important assets to maximize their charitable giving. Investors have donated more than $2 billion in cryptocurrency to the causes they love! They're part of a growing trend of donors who see that donating crypto is one of the most tax-efficient ways to create real change.
And with our new partnership with The Giving Block, itβs never been easier!